Review of proven trading methods and techniques for both newbies and experienced Forex traders.
News Trading is rapidly becoming one of the most popular strategies for Forex traders. However, in pursuit of high yields some reckless market participants tend to neglect the fundamental risks associated with FX transactions before fully digesting the published information. Traders’ [Read more...]
Traders commonly interpret payment for retaining an open position overnight (aka Swap) as an additional fee, which they must pay to their broker, since Swap is negative for most of currency pairs. In other words, it is a debit to customers’ account. However, for some currency pairs it is [Read more...]
For years one of the most frequently posted “open” strategies for trading newbies and forum goers has been the moving average cross over strategy. Every strategy has its own unique facts and figures attached to it. Be it the parameters of the indicator itself or the time frame or [Read more...]
The FOREX market is riddled with traps for aspiring traders. The first thing that people should do is stay away from FOREX forums. There are 3 types of people who post on FOREX forums, firstly the EGOtistical losing traders. Secondly, you have the newbies, and finally the diamonds in the rough [Read more...]