To be an effective Forex trader, understanding the connection, or correlation, between financial markets, is essential. A correlation measures the...
Guide
What it Takes to be a Forex Trader
Trading in Forex markets reached an eye-popping $6.6 trillion per day in April 2019, up from $5.1 trillion three years...
Do You Want to Trade Forex Better? Here’s how
The forex (short for foreign exchange) market is the world’s most traded financial market with a daily global trading volume...
Trading Technical Supply and Demand the Right Way
Patterns produced on candlestick (or bar) charts are created via underlying supply and demand. Demand represents buying Supply represents selling...
Daily Affirmations That Can Help Your Forex Trading
The things you say to yourself is often what is done. Jim Carrey, a Canadian-American actor, is known for his...
How to Manage Your Risks in CFD Trading?
We all want to be right. Unfortunately, it’s not possible to be right all the time. That’s why risk management...
MT4 and MT5: Which Forex Trading Platform Is Better for You?
With electronic trading having established itself as a primary gateway to the financial markets, determining which trading platform to operate...
Improve your Analysis: Understand the Basics of Price Action
The main challenge for new traders is information overload. Newer entrants often suffocate charts with technical indicators, seeking the holy...
Importance of Latency when Trading Forex
To make a successful trade, a number of variables come into play. Latency is a factor often overlooked. In electronic...
Improve your Analysis: Understand the Basics of Price Action
The main challenge for new traders is information overload. Newer entrants often suffocate charts with technical indicators, seeking the holy...
Introduction to Forex Swap: The Carry Trade and Rollover
Complex terminology can terrify the best of us, particularly for newer traders. In the foreign exchange market, or Forex market,...
How to Improve Your Forex Trading in the Second Half of 2020
“Progress equals happiness”– Tony Robbins It’s not too late to make 2020 your year. Whether you’re new to the financial...
A Step-By-Step Guide to Setting Up Your MT4 Account with Myfxbook.com
The importance of maintaining a trading journal cannot be overstated. A historical account of your trading activity not only monitors...
Strategies to Succeed in Short Term CFD Trading
Like traditional forms of asset-based investments, CFD trading accommodates different aims, plans and risk/reward ratios. However, CFDs are a derivative-based market –...
How MT5 Demo Differs from MT5 Real?
Many enter trading with misguided goals, unaware of the time and dedication it requires to reach consistency. Although most experienced...
Daily Affirmations That Can Help Your Forex Trading
The things you say to yourself is often what is done. Jim Carrey, a Canadian-American actor, is known for his...
Stock Trading: Equities vs. CFDs Trading Explained
Throughout history, share trading occurred on trading floors – referred to as the pit. Even if you’ve never been to the...
What is a Foreign Exchange Swap and How does it Work?
Foreign exchange swaps first entered the spotlight in 1981 by way of an agreement between US technology giant IBM and...
Top 5 Risk Management Trading Tips During the Covid-19 Pandemic
Officially declared a pandemic by the World Health Organization (WHO) on 11 March, coronavirus is an unprecedented public health issue....
7 Common Forex Trading Mistakes Beginners Make and How to Avoid Them
A quality among all consistently successful traders is eliminating mistakes. Mistakes can be expensive and emotionally damaging. No matter how long you’ve...
Getting into trading without knowledge
The forex market is the most traded financial market in the world. It’s relatively straightforward and quick to open a...
Common Traded Instruments
Which are the most commonly traded instruments and why? The financial markets bring together a wide array of financial instruments...
Trading Skills: How to Predict and Calculate the Next Candlestick
Trading Skills: How to Predict and Calculate the Next Candlestick The Japanese have been using candlestick charts many years before...
Everything About One-Click Trading and How to Activate It in MT4
Everything about One-Click Trading and How to Activate It in MT4The built-in one-click trading function in MT4 simplifies the trading process and...
Forex vs Stocks: A Beginner’s Guide to Forex Investments and Stock Trading
If you’re like most people, your goal is to make some money with trading. Investing in forex or stocks are both great options but...