• 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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Monetary Policy and its Impact on Currency Value

Rates of exchanges determine the strength of a country’s currency against other currencies, which trickles down to the prices of goods and services. A high exchange rate of your country’s currency lowers the price of imports, whereas a low exchange rate makes imports more expensive. High exchange rates make it favorable to import goods, whereas…

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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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What Are Moving Average (MA) Envelopes?

What Are Moving Average (MA) Envelopes?

Moving averages (MA) are a mainstream exchanging device. Shockingly, they are inclined to giving bogus signs in rough business sectors. By using an envelope on a moving average, a portion of these whipsaw exchanges can be evaded, and merchants can build their benefits.

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