The foreign exchange market is strongly driven by a set of key factors. While key analysts might argue which economic news is the most important for the market, they will likely agree that central bank rate decisions are very important for both the currency world and stock trading. Today we Read more…
There are scenarios in which a trader does not have the time or energy to analyze the market. It is not so difficult to understand: depending on the instrument you are operating with and the strategy you are using, the analysis stage can take a while. But trading without any Read more…
The abbreviation FAANG has nothing to do with sharp teeth, although stock trading in this group could be even more exciting than watching Shark Week. While we observe the collective value of FAANG shares soar more than 1500% in the past decade, more and more traders began investing in technology Read more…
Every trader wants to know for sure what will happen next. Knowing where the price is headed essentially dictates your success, simply having to bet on the right horse. However, as you probably already know, forecasting Forex is not as simple as it seems. In today’s discussion we will explore Read more…
Professional traders know that there are many factors to consider when it comes to building a complete trading strategy. One of these factors is the degree of correlation between several currencies. Today we are investigating some of the most popular currency pair correlation trading strategies and how to apply them Read more…
What is the best time frame chart for trading day? The answer depends on your strategy, your expectations, as well as the unique conditions of each session. Let’s summarize all the factors to consider when choosing which time frame you want. How traders choose a time frame Before starting to Read more…
Swing trading is very popular among Forex traders as it is dynamic and profitable. However, like any other trading method out there, swing trading comes with its own ups and downs. We will discuss the details of this approach and find out which time frame is best for swing trading. Read more…
There are numerous misconceptions and incorrect assumptions surrounding trade. These myths are held by both aspiring traders as well as the public. Not only are they fake, they are hurtful to both you as a trader and your chances of success, but also to the reputation of trading in the Read more…
Have you ever seen those Magic Eye posters that were popular in the ‘ 90s that had an image hidden inside the image and you had to adjust your eyes just and be a certain distance from the image to see the image? I personally remember loving them as a Read more…
Pyramiding is a trading system that drip feeds money into the market, gradually as a trend develops. This strategy has several advantages. The two main ones are risk limitation and winner building. We’ll see each of these in turn. Risk limitation with Pyramiding The first and most obvious reason why Read more…