The Point-Spread Scam An ancient point-spread foreign exchange rip-off was once primarily based on computer manipulation of bid-ask spreads. The factor spread between the bid and ask basically displays the commission of a back-and-forth transaction processed through a broker. These spreads normally differ between foreign money pairs. The rip-off occurs when those point spreads range extensively amongst brokers. For instance, some brokers do not provide the normal two-point to three-point unfold in the EUR/USD however spreads of seven pips or more. (A pip is the smallest fee cross that a given exchange rate makes based totally on market convention. Since most primary foreign

Some Forex traders fail because they try to run even before they can walk. You may be passionate about trading Forex but that does not mean that jumping headfirst into the trading will do you any good. Like all other professions, Forex needs training too. A period of theoretical education

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

Trading big moves in the after-hours are the Wild West of stock trading. When volume is lower and fewer traders are participating in buying stocks, moves can be extreme and rapid. It means big profit potential but also a big risk, and in some situations, it may be very difficult to

Whether it was a technology meltdown, a lapse in discipline, or just a sustained bleed out of trading capital, nearly every trader will face a big loss (or several) in their career. How to bounce back after a big loss isn’t complex; it can be done with a few simple

New traders often wonder which time frames to watch while day trading stocks. Do you use tick charts and a five-minute chart for context, or is it better to use a one-minute chart instead? Is a 15-minute or hourly chart more effective at monitoring major support or resistance levels created over the

The non-farm payrolls report is one of the most-anticipated economic news reports in the forex market. It is published the first Friday of the month at 8:30 a.m. Eastern time by the U.S. Bureau of Labor Statistics.1 The data release actually includes a number of statistics, and not just the NFP