Forex trading is very popular and common these days. People from all over the globe are now getting into Forex trading. In, a lot of traders are using Forex market predictions provided by other traders and which are called forex signals. What Is Forex Trading Signals? Forex Signals are a
When Forex traders place their trades, the majority of them have no idea what their final destination is as far as price. Because of this, there is a certain set of situations that dictate whether or not you may want to place a take profit order when trading Forex. One
Setting up to be a scalper requires that you have very good, reliable access to the market makers with a platform that allows for very fast buying or selling. Usually, the platform will have a buy button and a sell button for each of the currency pairs so that all the trader
When the initial boom of the forex market hit the Internet and the number of people that started to trading and investing have increase, it immediately became fertile ground for the shady characters of the world to jump in and commit numerous instances of forex fraud. The market got hit
A forex hedge is a transaction implemented to protect an existing or anticipated position from an unwanted move in exchange rates. Forex hedges are used by a broad range of market participants, including investors, traders and businesses. By using a forex hedge properly, an individual who is long a foreign
Stop hunting is a strategy that attempts to force some market participants out of their positions by driving the price of an asset to a level where many individuals have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and can present
There are many factors that contribute to trader’s success in the market. Successful traders usually are the people that have accumulated a lot of experience, as well as knowledge of the market basics, and have utilized them in their favor. When people enter the foreign exchange market, their goal is
FBS FBS is an online broker that offers financial market trading in forex and CFDs. Our review in 2020 takes a thorough look at the broker’s legitimacy, leverage offering, spreads, and minimum deposits. Sign up for an FBS account and start trading. History & Headlines FBS is a global broker
Here are the several steps you need to follow when keeping a trading journal: First of all, you must write down why you are entering a position before actually committing yourself to it. This way an objective reasoning is ensured, which you can use at a later point, unbiased by
A trading journal is a complete record of all your trading activity over time. It consists of writing down the results of all your trades in order to later assess your overall performance. Keeping such detailed chronicles also allows you to draw objective information when feeling upset and doubting your