Category: Forex Trading

I. Introduction If you’re interested in trading Forex, it’s important to understand when the market is most active and volatile. The Forex market is open 24/5, meaning it’s only closed during the weekends and bank holidays, but that doesn’t mean you’ll always see movement in the market. To make the most of your trades, you...

The world of forex trading is awash with technical terms, abbreviations and acronyms. Some are crucial to understanding how forex works, others are glorified means of impressing beginners and outsiders. Forex itself is an abbreviation, short for foreign exchange and is often referred to as FX. If you are new to forex trading, you have...

What’s the Difference between forex trading and stock trading? Which is More Profitable? Find out how forex and stock trading began and how it changed through the decades. We’ll explain why forex trading can be more profitable than traditional stocks. I. Introduction What is forex trading, and how is it different from stock trading?Forex trading...

This article analyzes the factors that determine a currency’s value, shows you the most popular/valuable currencies, and suggests which should currencies should form part of your forex trading portfolio. I. What is currency? Currency, Also known as legal tender, is any material or resource that can be used as a medium of exchange between two...

What is Scalping in Forex? Scalping is a style of forex trading that aims to capture small price movements of an asset at a time, eventually building this up to make a reasonable profit. This article explores the fundamentals of scalping: what it is, how it works, and the best scalping strategies and indicators to...

It is hard to say exactly how much forex day traders make as most traders are known to be very discreet about their earnings. Based on recent case studies, the estimate for the average salary for day traders in the United States is approximately $43,378 per year. The requirement for the job is a Bachelor’s...

There is going to be a lot of price volatility in the forex and commodity markets in 2023 as a result of political and economic events that will shake the world. These will produce great opportunities to profit from the news. This article will show you which macro economic data you should be trading in...

News flash: As of close of trading on Friday 17 March, the Financial Times is reporting that the boards of UBS and Credit Suisse are to meet to discuss UBS’s potential takeover of all or part of Credit Suisse. The situation remains fluid and we could have very volatile market conditions next week. But read...

Participating in a funded trader program is about more than just making and splitting profits. The prop firms also want to see that you obey the principles of risk management and that you can follow the rules. They want to know if they can entrust their money into your care and that you can responsibly...