Trading with the proper position size on each trade is key to successful forex trading. Position size is how many lots (micro, mini or standard) you take on a particular trade. The ideal position size is based on both account size, the setup of each trade, and the pair being
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 known be as a
What is a Forex Trading Strategy? A forex trading strategy is a technique used by a forex trader to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis, or fundamental, news-based events. The trader’s currency trading strategy is usually made up of trading
What is Forex? Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world’s currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the world’s combined stock
In the arena of active trading, the examination of a financial instrument’s price action over many different frequencies, compressions or time frames is known as multiple time frame analysis (MTFA). It’s a widely practiced method of examining instrument-specific pricing charts and a key aspect of technical analysis as a whole.
Divergence occurs when an asset moves in the opposite direction to a technical indicator, usually a momentum oscillator or relative strength indicator. When trading currencies, Forex divergence is typically seen as a sign that the current price direction is weakening and losing momentum, resulting in a possible change of direction.
Trend lines are fairly graphical representations of Forex price behavior that guide Forex traders’ decisions to buy, sell or even issue a stop order in trading. Rooted in the Dow Theory, market prices always indicate a ‘trend’ after discounting several factors such as the political environment that affect it. Thus,
What is Friendly Fraud? What is Friendly Fraud? The average eCommerce merchant would assume most chargebacks as the products of criminal fraud attacks. In reality, fewer than 10% of all chargebacks are tied to a criminal fraud attack. The majority result from a practice known as “friendly fraud.” FRIENDLY FRAUD:
Facebook began rolling out a new payment platform inside its Messenger service, though it was only available to those in New York City and following an option to sign up for Messenger without a Facebook account. The social networking is making the payment option available to everyone across the U.S. The new payment option is similar to