Archive for the "Trading" Category
Is there any sense in recording your observations and conclusions? This question is answered affirmatively by many traders. They believe that keeping a trading journal contributes to self-discipline and helps to systematize the experience gained. Apart from a traditionally used journal, there are other ways to record your observations. It is a well-known fact that… Read more
After the gold standard was cancelled, the world economy switched to the floating exchange rates. Since then every currency price is the result of the free interaction between its demand and supply. The demand for the currency is formed under the influence of such factors as the necessity for goods import, investment attractiveness of the… Read more
Volumes of Forex trading exceed 4 trillion dollars a day. Forex brokers can help to invest in foreign exchange market almost anyone willing to obtain benefits. Hot-eyed and hot-blooded beginners often rush into trading in an eager for a desirable piece of cake. The purpose is quite understandable, though difficult to reach if you are… Read more
Studying basic trading and browsing multiple Forex resources, Forex beginners may conclude that the technical analysis is wedded to indicators and expert advisers. Although most traders surely use them in everyday trading, there are those who consider indicators to be nothing else but obstacles to gaining profits. They prefer trading without indicators, or the Price… Read more
Different macroeconomic factors influence financial markets. Fundamental analysis experts examine these factors and base their forecast of currency directions on economic indicators, statistics, reports and news. Being quite a controversial type of trading, news trading is a popular way of earning on Forex market. Although news definitely forces the market, it may cause unpredictable consequences…. Read more