A Two-way Market: Forex Market is the trending financial market of the day. No one can deny the significance of this two-way market in the current uncertainty. You can start it for either to buy or sell a currency. As currency is traded in suitable pairs, you can buy a currency when you believe and observe that the value of that currency is about to rise. Alternatively if …
Ready to Dive in Forex Trading: Millions of traders are ready to dive in the exciting arena of Forex trading. Forex account is an entry pass for entering into the exciting world of Forex trading. Every passing moment is increasing its importance for the success and prosperity of economy. Its attractiveness is multiplying as more and more investors are investing in it. If you are interested in this …
Speed Breaker: Forex Trading is a flavor of 2020. It is just like a ride of sports car but at the same time, you cannot ignore the speed breaker that disturbs this fast and exciting drive. We know that a speed breaker demands a decrease in the speed of a vehicle to avoid accidents. Similarly in order to avoid losing money in Forex trading, there are certain speed …
Hold or Fold? Hold or fold is one of the most disturbing questions that upset a Forex trader. There are many struggles that a trader has to face in order to earn profit in Forex trading. Frankly speaking Forex trading is serious and profitable business with some specific rules. You have to follow its terms and conditions strictly if you actually want to earn a living from it. …
Tilt is a term that is used in poker. But we cannot use this term of tilt and Forex trading together or else you are bound to suffer loss in trade of currencies. In poker tilt is a state when emotions dominate a player, he starts to trade irrationally to earn his lost money. Obviously if you take such a reckless decision, definitely it will lead you to …
Why do traders prefer Bar chart? Nowadays every Forex trader is familiar with Bar charts. Bar chart is a kind of Forex charts. Charts are a part and parcel of Forex trading. The ability to effectively read Forex charts is a key to success in Forex trading. Forex chart is just a map that leads to profit in the treasure hunt of Forex trading. You can easily have …
One of the essential factors for earning profit in Forex Trading is the ability to read a Forex Chart. Most of the newbies lose their entire trading account in just a few days. After losing their money, they wonder what went wrong? One of the most common reasons of losing is blindly following the trading strategy. They often search for a strategy on internet. For example you …
Everyone all over the world is appraising Forex Trading. Why people prefer Forex trading and are blindly investing their hard earned money in Forex trading? Well if you are wondering the same the same question then you are at the right spot. Let’s analyze the strengths of Forex market which make it the most widely traded financial market. First First, when you plan to trade currencies the first …
Trend: The Directional price movement of a currency is called a Trend. The traders and investors always pay much attention to the trend of a currency. Kinds of Trend: There are three kinds of trends: Bullish Trend Bearish trend Flat Bullish trend: When the price of a certain currency increases, it is called bullish trend. As the name suggests, it is a market condition dominated by bulls. Bearish …
Oscillators and Reversal: Oscillators pattern reflect that the momentum of trade is slow. Uptrend: If the Oscillators pattern is formed during an uptrend, it has different meaning and reflects the number of buyers in the market while if this pattern is formed during the downtrend, it has opposite meaning as it shows the number of sellers who are interested in trade at that time. During an uptrend in …