January 2, 2021
Pullbacks occur all the time in Forex. Ultimately, price could be ascending, descending, or moving sideways. But the pullback is always there. Pullbacks help Forex traders enter positions at better price levels. In an uptrend, for instance, a trader who i
December 28, 2020
2020 has been anything but a stable year. With the growing political and economic uncertainty, gold has become a popular investment option for many people looking for ways to reduce risks and diversify their portfolios. The price of gold, as the main anti
December 10, 2020
When you trade a currency pair in forex, you are not buying or selling the individual currencies. You are only speculating on their future exchange rates and hope to make profits when the exchange rates move in the direction of your speculation. Although
December 10, 2020
There are many tools and information reports on the internet on which forex traders can make their trades. Some of those tools are useful enough to conveniently include in your trading strategy. One of such tools is the COT report. C.O.T. is an acronym fo
December 5, 2020
The Forex market always moves in patterns. This makes sense when you consider how price has and will only move in one of two directions: up or down. So, there usually aren’t new things happening in the Forex market. And if you look closely, you’ll notice
December 2, 2020
In an FX carry trade, you’re seeking to profit from a difference in interest rates between the two currencies within a Forex pair. This difference is what's known as an interest rate differential and, under the right conditions, can be highly profitable.
December 1, 2020
Investing is always a great way of generating additional profit. The ever-changing world we live in today gives us plenty of investment opportunities – stocks, real estate, commodities, gold, and even art. What about currencies though? Is it worth i
November 30, 2020
In one of our earlier articles we’ve described the top 10 most expensive currencies in the world, but our today’s list is going to be a bit different. What does the term “stable money” mean? Simply put, a stable currency is the one, which holds its exchan
November 22, 2020
If you are a forex trader, you probably fall into the category of either scalp trader or day trader. The line that distinguishes the difference between a day trader and a scalp trader is a blurry one. A day trader is broadly defined as someone who does no
November 12, 2020
Forex candlesticks originated from Japan a very long time ago, and they have become popular since then. What makes them the preferred chart type for many Forex traders is that every single candlestick contains information about the opening price, closing