Maintaining a daily routine in everything you do is the surest way of becoming successful. Some of the most successful people, such as Steve Jobs or Elon Musk, are sticklers to their daily routines. If you are entering the forex trading market and want to reap good benefits, you must keep a daily routine. The essential traits in forex trading […]
The use of Fundamental and Technical analysis has been the subject of controversy for a very long time. There is still no consistent empirical evidence to prove which one works better and to what degree. First, let us look at a brief definition of each strategy and the relevant applications. Overview In principle, fundamental analysis analyzes all the economic and […]
A CFD (contract for difference) is a pact between a seller and a buyer that specifies the buyer is obligated to reimburse the seller for the difference between the existing value of a fundamental asset and its value when the contract was completed. CFDs provide investors with an opportunity to gain from a price variation without holding the fundamental asset. […]
CFD trading is challenging to new forex traders as it has some complexities that are hard to understand. However, once you learn how to trade it probably with the help of a brokerage firm, you realize thaqt it is one of the simplest and user-friendly trades for currencies and other markets. CFD, which stands for contract for difference, is a […]
A currency crisis refers to the sudden loss of value of a particular currency in relation to other currencies in the forex market. In other words, it is a sharp depreciation in the value of a currency against other currencies in the market. A currency loses value because of various factors or happenings in the background. A currency crisis is […]
If you are a forex trader, you have probably used Bollinger bands to monitor for breakouts and follow trends. Bollinger bands give unique insights into the price, oversold and overbought levels, volatility in the forex and futures, and stock markets.
Moving averages are among the most commonly used indicators used by traders in forex. They are a method of streamlining price trends by eliminating market noises. Many of the technical trend-following systems today are based on the moving averages system. What Are Moving Averages? Moving averages are indicators that show the mean closing price of a market over specified durations […]
Bollinger bands in forex trading provide measurements within which the price of a trading asset is estimated. Bollinger bands are measured by carefully studying the width of the bands and analysis done accordingly. Bollinger bands are studied over a long period and are usually used by a trader who wants to find out how a specific currency pair performs over […]
Reversion to the mean, otherwise called mean inversion, is an arithmetic principle utilized in economics and investing. It states that unpredictable costs and ancient vacillations will, in the end, revert or return to the long-haul mean or average of a dataset. For investing purposes, this implies that outrageous, unforeseen variances in stock costs in either course can be relied upon […]
Forex trading is the most volatile market in the money market. The fast-changing market trends make it difficult for a trader to follow. To make it easy for you in the forex market, invest in the Bollinger band.