How Does Non-Farm Payroll Affect Forex Trading?

How Does Non-Farm Payroll Affect Forex Trading?

Active forex traders are relentless when it comes to monitoring the various key economic indicators intertwined with the market. The reason for this is pretty clear: These indicators allow a trader to identify both minor and major trends with regard to economic...
The Importance of Forex Education

The Importance of Forex Education

Some Forex traders fail because they try to run even before they can walk. You may be passionate about trading Forex, but that does not mean that jumping headfirst into the trading will do you any good. Like all other professions, Forex needs training too. A period of...
What are Forex Currency Pairs?

What are Forex Currency Pairs?

Trading in Forex is highly based on using currency pairs, and every position that is opened in a trade consists of the simultaneous selling and buying of one currency with another. So it goes without saying that in order to trade in Forex you need to understand what...
Useful Forex Fundamental Analysis Tools

Useful Forex Fundamental Analysis Tools

The goal of a forex trader is to make profits. To achieve this, one must make wise trading decisions to reduce the risk of loss. This is where forex market analysis helps. It can be divided into two main approaches: fundamental analysis and technical analysis. In...
How to Manage Risk in Forex Trading

How to Manage Risk in Forex Trading

How to Manage Risk in Forex Trading Forex trading is fast, easy and convenient. Trades are completed almost immediately, and profits readily available at one’s fingertips. However, the instant gratification and adrenaline rush can cause one to make rash decisions....