Forex trading just like any other sphere of life requires a certain system and philosophy for achieving success. The professional way in every aspect of life lies through education and that’s the case with forex trading too. Forex trading education is important because as simple as it is to get in and out of the forex market these days it's still a serious matter that requires knowledge. According to many successful traders forex education can take anywhere from a few months to three years depending on a person’s level of experience or...
This coming week Forex traders await data on Japan's trade balance, index of business activity in the manufacturing sector from HSBC bank, PMI data from the USA, Germany and France, the interest rate decision of the Reserve Bank of New Zealand and other events. All times Moscow (MSK) Monday, April 21 Throughout the Europe will be celebrated Easter Monday, so European stock markets will be closed. Only the stock markets of Japan and the U.S. will be available to traders. Among the important news we can just note the publication of...
German economic growth will slow in the second quarter after an unusually mild winter gave Europe's largest economy a boost in the first three months of 2014, the Finance Ministry monthly report said yesterday. The ministry said recent data suggested Germany had put in a "very strong" performance between January and March, adding that positive impetus likely came from industrial expansion and construction activity, which benefited from the mild winter. "Due to the weather-related surge in economic activity in the first...
Trading forex or binary options is the comparison on what we are going to take an objective look. In order not to be sorry about your decision you have to conduct a comparative analysis of these both trading types. Preliminary training and education are essential for any kind of trade because the amount of profit is directly influenced by the level of the trader’s knowledge and experience. For the new traders forex trading and binary options are two of the most popular trading options that are available. There are different benefits of both...
This coming week Forex traders await data on gross domestic product (GDP) in the UK, industrial production in Japan, German consumer climate index GFK, GDP’s of France, Spain, U.S and Canada, as well as data of Change in Non-farm Payrolls in the U.S. All times Moscow (MSK) Monday, April 28 The first working day of the week will not be rich on economic data on the largest economies of the world. We only note the publication of retail sales in Japan, as well as data on pending sales in the U.S. housing market. Tuesday, April 29...