Forex Archive

Which currency pairs a novice trader should trade with ?

A novice trader usually has so many unanswered questions in his head. One of the most common issues is which currency pairs is better for a beginner to start trading with. Even though on the internet you may read some opinions that the choice of a currency pair does not matter, it actually it does. [&hellip

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Mistakes that prevent us from profiting in the Forex Market

If something does not seem to work people usually analyze their mistakes and try to correct them. Forex trading is no exception. In this article we will talk about the most common mistakes that beginners usually make. Maybe you will see them in your trading behavior and be able to correct them in time. A [&hellip

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How to take control of your emotions in forex trading?

Emotions in forex trading always exist and this article aims to explain how to better cope with them. We know that controlling your own emotions can be at times almost impossible. Greed, desire revenge, anger, euphoria, all this is familiar to anyone who has ever traded on the financial markets. The fact that the trader [&hellip

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Scalping strategy for novice traders

We know that many novice traders are afraid to engage in scalping because they believe it is mostly used by professionals. Is it so complicated and risky? Is it necessary to have enough experience in trading in the Forex market in order to engage in scalping strategy?. In this article we discuss in detail all [&hellip

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Forex – is it worth trying?

Buy cheap and sell expensive – the basic principle of the speculator. The concept of the speculator has a bit of a negative connotation, probably because speculators do not produce anything or do not offer any services, but simply make profits from the difference in prices when buying and selling. But we should not feel [&hellip

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When is the right time to enter a trade ?

We have been trading using support and resistance levels. Someone calls them pivot levels, some horizontal lines, but the essence behind it does not change. We are often asked how we determine what level is strong, and what is weak? Which level we should take into account and which not ? In this article we [&hellip

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Sentiment Forex Analysis

Let’s talk about the mood of the forex market. In theory the price should reflect all the available information about the market, but unfortunately it is not all so simple. Markets can not reflect all of the information, because in such case all merchants will operate identically. At the same time all traders realize that [&hellip

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Important factors when choosing a reliable forex broker

Competition in the forex industry is so high that even the task of having to go through all brokers in the search of the best one ca cause you a headache – there are so many of them. The first thing you ask yourself is how to choose a good forex broker to trade? This [&hellip

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Why trading on a demo account is so different that trading on a real one?

Over the past few years the popularity of the Forex market has grown dramatically. Every day thousands of clients are opening accounts with the hope of earning easy money. Therefore, almost every single forex broker offers a demo account where the client can feel the beauty and excitement of trading in the foreign exchange market. [&hellip

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What is Forex all about?

Sooner or later anyone of us has either heard or has seen the word forex. Here comes the question what forex is all about and what it actually is? The forex industry has begun back in 1971. Before that, all currency rates were paired to either gold or US dollar. The value of a particular [&hellip

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