While the Forex market is considered to be a 24-hour market during the working week, the trading sessions continue to be broken down into the Asian, European and North American sessions. More specifically, the respective financial centers tend to be tagged, making the Asian session the Sydney and Tokyo sessions,
There is no single formula for success for trading in the financial markets. Think of the markets as being like the ocean and the trader as a surfer. Surfing requires talent, balance, patience, proper equipment, and mindfulness of your surroundings. The attitude to trading in the Forex markets is no
In the Forex market, gold is a form of currency. The internationally accepted code for gold is XAU which is a symbol used under the ISO 4217 currency standard to denote one troy ounce of gold. It is known to be a “safe-haven” asset, expected to increase its value in
OTC stands for over-the-counter. In trading terms, over-the-counter means trading through decentralized dealer networks. A decentralized market is simply a market structure consisting of various technical devices. This structure allows investors to create a marketplace without a central location. The opposite of OTC trading is exchange trading, which takes place
A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund’s assets and attempt to produce capital
Copy trading is a new proprietary service that allows both Forex newbies and experts to profit through cooperation. It’s a one-of-a-kind program that’s transforming the way people trade in the Forex market. Copy trading is a tactic that newer traders and investors employ to dabble in the Forex market armed
Every trader starts his or her life in the forex market with choosing a good reliable broker and building a trading strategy. Opportunities vary much in broker companies and their services. However, a beginner trader should examine not only a broker’s reputation but also a trading platform offered by a
If you were to look into any Forex trading guide, you’d get a recommendation to trade on major currency pairs only — at least until you get comfortable with trading and see some profits. However, not many of them explain what is wrong with the more exotic currency pairs and
‘Bull market’ and ‘bear market’ are terms you probably would have come across at some point. These phrases are widely used in the industry to convey how the markets are performing. The terms are also technically used to describe economic conditions, and this is reflected in the markets. The context of the
Investing in stocks is an attractive way to become part of the world’s best-known companies. However, not every investor knows how to trade stocks efficiently. It takes time to understand market trends, learn trading basics, figure out which company stocks are better to add to your financial portfolio. While buy