Trading Platforms

Basic Forex Training For Technical Traders

Basic Forex Training For Technical Traders

Most traders these days go the route of technical analysis. There are many reasons for this preference for technical analysis right after forex training. The most important reason though, is that technical analysis is more objective than fundamental analysis which is largely interpretative and, hence, subjective. Debatably, it can even be said that technical analysis […] »

Tips to Choose Foreign Currency Exchange Accounts

Tips to Choose Foreign Currency Exchange Accounts

Opening a foreign currency exchange account is the first step that you need to take as a trader to start trading in the largest financial trading market of the world. The popularity of the forex market has ensured that there are hundreds of brokers offering different types of trading accounts to place a trade. You […] »

3 Rules For Succeeding In Forex Trading

3 Rules For Succeeding In Forex Trading

The first rule in forex trading is that you must form an opinion It is common to hear forex trading participants say they do not have an opinion but that they simply follow price action.  This is not good reasoning to have. The truth is that whenever you enter the market, you have said what […] »

The Use of Automated Forex Trading Systems

The Use of Automated Forex Trading Systems

In the foreign currency exchange market strategy is vital.  Many traders have been successful in this market and made millions, but to achieve that, it is important you start with a solid strategy and implement a system that will allow you to use that strategy effectively.  You need to have a thorough understanding of this […] »

Using Forex Trading Strategies to Quit Your Day Job

Using Forex Trading Strategies to Quit Your Day Job

Forex traders enter the foreign exchange market for various reasons.  One of the most popular reasons is to earn a steady income and leave full-time employment.  These individuals will need to review specific forex trading strategies to help them reach this goal.  By utilising the correct strategy cautiously and patiently you may be able to […] »

Who Needs an FX Converter?

Who Needs an FX Converter?

For all traders there comes a point when they will encounter an FX converter.  They may not always use this device but they will have encountered it nonetheless.  When viewing it you may wonder which player in the forex market would actually need and use an FX converter.  The answer is that various different individuals […] »

Using Trading Applications and an FX Converter

Using Trading Applications and an FX Converter

The majority of foreign exchange traders will use different trading applications in their trading systems.  The application you use must suit your strategy and trading type.  Some essential applications which must be considered include the trading platforms, technical trading tools and the FX converter. What is an FX converter? The FX converter is actually an […] »

What Forex Training Should Help You With

What Forex Training Should Help You With

When you go through forex training there are three steps to trading that the course should help you with.  These steps ensure that you have everything you need to trade on the forex market.  If your forex training does not cover these three steps then you may have a problem finding the best items for […] »

The Use of Directional Forex Trading Systems

The Use of Directional Forex Trading Systems

There are three timeframes that you can trade forex in and they are short, medium and long-term.  When you are looking at long-term trading you need to consider directional tactics.  This is important because all traders need to know their entry and exit points before a trade is opened.  There are a few forex trading […] »

FX Rates Chart Mistakes You Could Make

FX Rates Chart Mistakes You Could Make

All FX rates traders will use forex charts for one purpose or another.  There are some traders who use them only to find the long-term movements of the market.  However, there are others traders who use them to find their entry and exit points.  Regardless of the way you use them it is important to […] »

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