Amongst all the digital frenzy of the 24/5, globally interconnected forex market, it’s easy to overlook the value of taking it back to basics with a pen and paper. But the fact of the matter is, keeping a trading journal is one of our top forex trading tips for beginners and veterans alike – and … Continue reading 3 Reasons to Keep a Trading Journal
A B C D E F G H I J K L M N O P Q R S T U V W Y A Aggressive – If a trader or price action is acting with particular conviction Aggregate risk – The amount of exposure a financial institution has to forex counterparty … Continue reading Industry Glossary
Reversal trading is a popular forex strategy that, when executed in the right way, can lead to the potential of major profits. But how and why does this advanced strategy work? Today, we’re delving deeper into the benefits of reversal trading, demonstrating how you can incorporate this trading technique into your forex arsenal. So, what … Continue reading Reversal Trading: Your Advanced Strategy Guide
As a 24/5 trading platform, traders can enter and exit the forex market at their will. This desirable accessibility means that, for many, forex trading serves as a convenient second source of income worked around their busy schedules. Indeed, for the most advanced forex traders, this can mean spending just 30 minutes a day on … Continue reading Why Time is Money: Making Time For Forex
Forex currency pairings form the fundamental foundation of all trades placed on the forex market, serving as the indicators of any profits or losses made from a trade. That’s why in today’s post, we’re offering a comprehensive guide on currency pairings to better explain how currency trading works, ensuring you have all the basic knowledge … Continue reading Forex Currency Pairs 101
Risk management is of fundamental importance to a trader’s success on the forex market. In a risky and volatile trading environment, the ability to minimise the likelihood of losses can make all the difference, often being the defining factor that separates the expert from the novice. That’s where hedging comes in. In today’s post, we’re … Continue reading Hedging Forex: What Does It Mean? (And How to Use it)
Following the recent news that the UK’s withdrawal from the European Union has been further prolonged in attempts to negotiate an exit deal, it’s starting to feel like nobody really knows what’s going on in the crazy world of Brexit. One thing we do know is, whether the UK eventually leaves with a deal or … Continue reading Wreaking Havoc on the Majors? Brexit’s Impact on Forex Trading
As an ‘open all hours’ trading platform, the forex market is readily accessible as and when you want it to be. However, this can easily be just as much of a curse as it is a blessing. So, before you go delving into your next trade at all hours of the day and night, we’re … Continue reading Timing Can Be Everything: When to Trade Forex
Due to the interconnected, digital nature of the international global forex market, it may come as as a surprise that foreign exchange trading is no recent development. On the contrary, the history of currency trading can be traced as far back as the 19th century – though not quite in the same format we know … Continue reading Forex Trading: A Brief History
It doesn’t matter whether you’re a rookie looking to learn to trade forex or a seasoned professional with years of experience, a comprehensive understanding of the psychological aspects of forex trading is imperative to success. That’s why, in today’s post, we’re going beyond forex technical analysis to delve deeper into the characteristics and skill sets … Continue reading Mind Over Matter: The Psychological Aspects of Forex
