• November 10, 2021
Trading Forex Based On News Releases

Trading Forex Based On News Releases

If you’re a forex trader who believes that currency moves reflect the fundamentals, it’s vital to keep up with forex news. Significant turns on the chart often happen due to unexpected news or because the anticipations of the news events aren’t met. In the preliminary stages, you’ll find that some news affects the market as…

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Trading Forex Currencies Guide for Newbies

Trading Forex Currencies Guide for Newbies

The Forex market is termed as being the largest financial market globally. It is even more significant than a stock market, having a volume of about 6.6 trillion dollars daily. Forex can be explained as being a network of sellers and buyers transferring currency amongst each other. As such, it’s the means through which central…

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Factors That Distinguish Forex from CFDs

Forex trading is the most popular trading market in the world. CFD trading is also another trading market gaining lots of popularity. Both trading markets are appealing popular choices because of their ability to generate income in the financial markets. However, because they appear very similar to the public, some traders, especially the novices, find…

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The Basic Guide to Forex Trading for Beginners

Forex trading is becoming more popular and is currently one of the largest financial markets. The forex market has a very high potential for fast returns and high profits. This kind of trade involves trading large volumes of currency hence more opportunities for liquidity. However, the potential for high and fast returns comes with a…

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The Power of OBV in Forex Trading

One of the secrets of winning your forex trades is realizing the power of volume indicators. But how do you apply volume in forex trading? There are many ways to determine volume-price relation in forex. The best route is to use the On-Balance-Volume indicator. This article explains the kernel of OBV. Here, you will learn…

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Why You Should Use Bollinger Bands in Forex Trading

Why You Should Use Bollinger Bands in Forex Trading

The volatility of the forex money market makes it necessary for a forex trader to invest in Bollinger Bands. Forex market trends are not easy to follow since they are ever-changing. However, Bollinger bands unfold the mystery of the forex market. These bands allow even the inexperienced trader to track the forex market dynamics.

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