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[14 Mar 2016 | Comments Off on How to use Fibonacci in Forex | ]
How to use Fibonacci in Forex

The majority of traders prefer to use levels of support and resistance in their everyday work. However, not everybody can predict how the market will change in the nearest future. That is why Fibonacci levels in Forex are so popular.
Definition
 
Fibonacci levels are used to determine price retracements. It means that if a price impulse is vividly seen, but a trader does not want to join it right away, the indicator lines will depict moments of a better price.
With the help of the Forex Fibonacci strategy, a trader can determine:

possible targets …

Forex, Headline »

[18 Feb 2016 | Comments Off on The Best Publications for Aspiring Forex Traders | ]
The Best Publications for Aspiring Forex Traders

Trading currencies is undeniably complex. The financial markets are some of the fastest moving in the world, and with a thousand different drivers to influence new trends and patterns, it can be incredibly hard for aspiring traders to wrap their heads around the intricacies of the foreign exchange.
Like any art, however, forex can be mastered by most. It’s not always an easy education, but provided that you have the time, grit, and desire to learn about the currency markets, most people can pick up enough information to trade successfully.
A lot …

Forex, Headline »

[22 Jan 2016 | Comments Off on Why the Right Trading Platform is Important | ]
Why the Right Trading Platform is Important

In terms of a financial “yellow brick road”, the FX markets have certainly proven their worth. A massive total sum of $5.3 trillion dollars changed hands every day during 2013 and this figure has only increased ever since. As this is also the most liquid market in the world, it is no wonder why so many traders are now utilising online electronic platforms to execute their positions on a daily basis. Much like any successful strategy, a bottom-up approach should be taken to enjoy success. The first component revolves directly …

Forex, Headline »

[15 Jan 2016 | Comments Off on 2016: Make This Your Year To Become A Forex Pro | ]
2016: Make This Your Year To Become A Forex Pro

With increased globalisation, economies and currencies are more interdependent on each other than ever –– presenting an opportunity for investors to become savvy forex professionals. Becoming a pro forex trader will probably take some time and needs a great deal of effort, but you should not be discouraged because ups and downs are normal. The best part is that you can sit in the comfort of your home with your laptop to trade in forex and still make a ton of money. Once you get the basics right, you’ll soon …

Forex, Headline »

[26 Dec 2015 | Comments Off on Advantages And Disadvantages Of Currency Trading Online | ]
Advantages And Disadvantages Of Currency Trading Online

Online trading has become very popular these days and everyone from small kids to senior citizens have become their own online money managers through trading online. It is now very easy to fulfill your desire to become an online trader with the easily available online trading platforms whether it is currency trading, stock trading, CFD trading or any other way of online trading.
With the rise in inflation everywhere everyone wants to get a secondary source of income and trading online on financial assets is a great support in this direction. …

Forex, Headline »

[17 Dec 2015 | Comments Off on 3 reasons why Forex is the Most Advantageous Financial Market | ]
3 reasons why Forex is the Most Advantageous Financial Market

When it comes to appraising the popular and unique forex market, your opinion will be shaped almost entirely by your appetite for risk. While risk-averse investors can scarcely see beyond the high levels of volatility and excessively long trading sessions, for example, those in the market for higher returns are more likely to embrace the leverage and liquidity that defines the foreign exchange. With the Bank for International Settlements reporting that forex trading generates in excess of $5.3 trillion a day, however, it would appear as though the majority of …

Forex, Headline, Investing »

[21 Sep 2015 | Comments Off on Forex Is More Active than Ever | ]
Forex Is More Active than Ever

In 2008, an article from Forbes warned investors not to lose sleep over foreign exchange (forex). It was not because the market held no opportunities, but because it runs around the clock and can make any trader feel like they have to be on top of everything at all hours of the day or night.
In fact, the aforementioned article stated that the smart investor is the one who does not worry about the markets, news releases, and so on. Instead, it is the investor who prioritizes who ends up staying …

Forex, Headline »

[16 Nov 2014 | Comments Off on Why College Dropouts Make Great Forex Traders | ]
Why College Dropouts Make Great Forex Traders

You have to have a college degree to make it in the rocket-fueled, action-oriented worlds of forex, business and finance, right? Well, to answer that question let’s first take a look at some of the most financially successful people in the world who dropped out of, or never attended, college:
Paul Allen. Co-founder of Microsoft, he is currently worth $15.7 billion.
Michael Dell. Founder and Chief Executive Officer of Dell Computer. He dropped out of higher education at 19-years-old and is now worth more than $12 billion.
Bill Gates. Took leave of absence …