Forex Trading Articles

There is no surprise that the candlestick patterns are known to any trader working in this business. As a trader, even if you do not use candlestick analysis, you must at least know how to identify it on the charts and benefit from them. Unfortunately, it is a highly taxing job for most traders to […]

The GBP/USD is the second most traded currency pair in the global financial markets and one of the most popular among beginner forex traders because of its high levels of liquidity. Although the UK economy no longer has the dominant position it once commanded in the global economy, it is still significant due to London’s

Trading in the foreign exchange market may seem financially rewarding. However, when venturing into forex, a trader should attend to the fundamentals beforehand; he should learn about the operations of the market. A brilliant way is via registration for webinars offered by seasoned forex traders. Just make sure that video and audio components are working

One of the main considerations you must take into account when choosing a forex broker is the kind of trading platform they offer for your use. Different brokers have different trading platforms. Some are proprietary while others are made by third party providers for public use. You cannot undermine the importance of choosing the most

The Elliot Wave is a popular method of analyzing the forex markets to identify trading opportunities. It is based on the theory that the markets would reflect nature and prices would move in a five wave pattern. Of these, the first, third and fifth would be upwaves, which are separated by downwaves (waves two and

No one can undermine the importance of a forex calendar to a foreign currency trader. In fact, every dyed-in-the-wool forex trader cannot do without it. They are always on the lookout for clues on when the market can possibly go ballistic. To them, volatility breeds plenty of trading opportunities. While most conservative traders would normally

When trading currencies in the foreign exchange market, a trader initially registers for a trading account and deposits an amount. For the commencement of any trading activity, his deposit should meet a trading platform’s requirements. In the event that a trader is interested in engaging in further trades regardless of limited funds, he should know

White labeling is increasingly becoming popular in the foreign exchange market. Since it is stringed with a load of benefits, many product makers and product developers have adopted the practice; many have registered for accounts on trading platforms that offer the program. But, while others are making it part of their game plan, a few

An outstanding feature of top trading platforms is minimal latency; it is described as the ability to accomplish order execution fast. Usually, once relevant data are set into the software programs and the trading venues are specified, the order execution is done in the blink of an eye. In the world of foreign exchange, it