Forex Trading Strategies
Guide to Designing Your Own Forex Trading System
Creating a successful forex trading system requires careful design and thorough testing. This process may take time, but the potential rewards are significant. Here’s a step-by-step breakdown to help you design and test your forex trading system: Step 1: Define Your Trading Style and Time Frame Decide whether you’re a day trader More...
Crypto News Today: Bitcoin’s Rally Toward $30K and PayPal’s Stablecoin Fake
Bitcoin has surged to nearly $30,000 as global bond yields decline, driven by weak Chinese trade data. PayPal’s stablecoin announcement has led to the emergence of fake PYUSD tokens. Prominent figures express More...
Technical analysis of Bitcoin / USD Forex
Technical analysis is based on one main principle – trend. The markets move in trends. Speculators and investors are hoping to buy a security at the beginning of the upward trend of low cost, benefit More...
How to Profit from Important New Zealand Economic Data Releases?
profit forex trading binary options Several times in a month the release of New Zealand key economic data give traders the chance to lock in profits. For the successful implementation of this strategy, several More...
How to Trade the Gap?
Gaps are areas found on charts in which there is a sharp upside or downside movement of a given financial instrument. It should be noted that between the two candles where you find the actual empty space there More...
How to Profit from a Breakout
In trading a breakout, there is always a hazard of a false breakout which can result in a loss. For this strategy to be successful, traders should be able to find a combination of elements that reduce the probability More...
Forex scalping…is it worth it?
Scalping is high-frequency trading in which forex pairs are bought and sold on the basis of real-time market analysis. Scalpers’ goal is to make profits as they purchase or sell currencies and hold positions More...
The Advantages and Disadvantages of Automated Trading Systems
An automated trading system, also known as algorithmic trading, is a set of established rules for order entries and exits. After being programmed, those orders are placed and executed automatically by a computer. More...
Risks and rewards involved in trading exotic forex pairs
In forex, currencies are classified in three groups, namely: major, minor and exotic currencies. The last group comprises illiquid and not popular currencies, not involved in consistent market activity, traded More...
The reasons behind money losses in forex markets
According to common statistics, most forex traders endure massive loses, whereas only 4 percent are known to historically achieve profit. To join the list of those 4 percent, it is essential to be aware why people More...
