Fundamental analysis provides a broad view of a currency pair’s movements and technical analysis defines trends and helps to isolate turning points. Sentiment indicators are another tool that can alert traders to extreme conditions and likely price reversals, and they can be used in conjunction with technical and fundamental analysis.
A managed forex account is a type of currency trading account in which a professional money manager makes trades and transactions on a client’s behalf for a fee. Individual investors who are not experts in foreign currencies but still want exposure to this asset class may consider a managed forex
A forex broker is a financial services company that provides traders access to a platform for buying and selling foreign currencies.Forex is short for foreign exchange. Transactions in the forex market are always between a pair of two different currencies. A forex broker may also be known as a retail
The forex markets can be exciting and lucrative for trading if you thoroughly understand how to buy and sell currencies. If you’re drawn to this area, you might even want to make it your career. Forex markets are open 24 hours a day, five total days a week, which means
What Is Short Interest? Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short interest, which can be expressed as a number or percentage, is an indicator of market sentiment. Extremely high short interest shows investors are very pessimistic
Central Banks In its simplest context, Central Banks are responsible for overseeing the monetary system for a nation (or group of nations); however, central banks have a range of responsibilities, from overseeing monetary policy to implementing specific goals such as currency stability, low inflation and full employment. Central banks also
What Is Liquidity? Liquidity refers to how active a market is. It is determined by how many traders are actively trading and the total volume they’re trading. One reason the foreign exchange market is so liquid is because it is tradable 24 hours a day during weekdays. It is also
Any analyst or trading guide will tell you how important it is to manage your risk. However, how does one go about managing that risk? And what exactly do they mean by managing risk? Here is a step-by-step guide to one of the most important concepts in financial trading. 1.
There are many skills that forex traders should have up their sleeves to enhance their performance. While some skills are very popular and highly talked about, a skill that’s less commonly mentioned is recognizing patterns. It’s an essential skill that will help any forex trader make fair forecasts and reduce
Overtrading on financial markets, be it Forex, stocks, metals, etc. refers to a process of buying and selling securities excessively. It is an issue that both beginners and experienced traders can have. It occurs when people don’t stop trading and eventually lead themselves to financial problems. It is important to
