Forex Trading and Miscellaneous

As the global crisis worsened, central banks and the world’s money reserves took steps to deal with it. Credit got harder to get, the job market went downhill, and who could forget the layoffs? Traders were looking for ways to make money different from the usual methods, and Forex was there to help. The Forex […]

Even though forex is easy to get into, you should still do your research. A trader’s success depends on how much they know about forex. A trader should learn everything there is to know about the forex markets, including the political and economic factors that affect the trader’s favorite currencies. Getting to know the foreign

It takes a lot of self-discipline to be a trader. Self-discipline will help you be consistent, and being consistent will help you reach success in a reasonable amount of time. But self-discipline is also very hard because you will always find a reason to do something against your trading plan. That voice of justification will

A change in interest rates by any of the world’s most influential central banks can significantly influence the foreign exchange market. Usually, these rate changes follow several economic indicators observed throughout the month. They can have immediate and profound effects on the market. Unexpected interest rate changes can substantially impact traders, so it’s important to

Margin in forex, and its different sub-divisions, can be a bit confusing, even for those with a strong mathematical background. It’s not that you should worry a lot about margin calculations if you aren’t going to use them in your day-to-day forex trading. We’ll learn how to use margins to improve your forex trading results

Identifying trading opportunities using economic calendars and technical indicators is insufficient to turn a profit as a forex trader consistently. Due to the speculative nature of forex trading, the sentiment of the forex market can substantially impact its valuation. As a result, trader sentiment can become a factor that drives the prices of positions you’ve

In a bear trap, the market initially signals a downtrend, then switches and rises again. If you’ve ever found yourself in one of these situations, you know what it’s like. An indication of a possible downturn in the market is called a bear trap. Despite its name, the bear trap traps are deceptive. After a

In the past, arbitrage was restricted to commodities easily traded on the markets. It is a phenomenon that evolved from the financial markets. With the recent developments in the world, arbitrage has become possible even in the labor market, and this arbitrage directly relates to the foreign exchange rate. This article will discuss the effects