Getting into trading is no easy task, there is no one road to success. Every trader will need to find his own path to success and profitability. Whether we are talking about the instruments you will choose, the strategies you will apply, or the indicators you will follow, for many

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

1. Gross Domestic Product (GDP) GDP is the widest measure of the overall health of an economy. It takes such a long time to compile that its direct effect on Forex and CFD prices is frequently muted – and by the time the data is published, many of the components are already

What is the NFP? The non-farm payroll (NFP) figure is a key economic indicator for the United States economy. It represents the number of jobs added, excluding farm employees, government employees, private household employees and employees of nonprofit organizations. NFP releases generally cause large movements in the forex market. The

The ranking is based on data from the International Monetary Fund, Trading Economics, and the central banks of the respective countries. The reserves go up and down frequently depending on the exchange rate, international trade, political stability and other factors. 10- Brazil, $345.7 billion According to the central bank of