The forex market has very many investors, but only a couple of them are truly successful. Most forex traders fail for the same reasons that affect investors in other asset classes. Various websites estimate that about 70% to 80% of traders lose money and end up quitting. Using borrowed capital […]
What Are Forex Mini Accounts?
Types of Volume Indicators that Traders can Use in their Technical Analysis
Volume indicators are playa crucial part of technical analysis but many traders ignore them. Apart from facilitating the confirmation of patterns and trends, the volume demonstrates the total stocks sold and bought in the market at a particular period. Traders can then leverage that data to assess other trader’s perceptions […]
Choosing the Right Forex Broker
Understanding Technical and Fundamental Analysis
When trading forex, you will come across the terms technical and fundamental analysis. Technical analysis is a trading style based on volume data or stock price. It is used to identify trading prospects and evaluate investment opportunities. It does this by assessing statistical trends obtained from trading activity. It uses […]
How To Analyze Forex Markets For Profitability
Is it Profitable to use Fibonacci Retracements In Currency Market?
How Can Effectively Use Technical Pointers in Forex?
Technical pointers are arithmetic tabulations that are schemed as lines on a graphical price representation. Technical pointers can assist traders and merchants alike in identifying certain trends within the market. Whether or not you are party to commodity or forex exchanging, it is in your best interest to employ technical […]
How Scalping Technique is Reshaping Forex Trading
Forex scalping is a forex trading technique where a forex trader participates in vast trade niches to consolidate the different profits earned. It allows a trader to risk on many forex trade pairs thereby increasing chances of widening the profit base. Forex scalping has both pros and cons and is […]