The world of forex trading as we all know has evolved so much in the last 10 years, and as traders we all undergo a process to learn how to trade so we can generate some great money consistently. We are all aware that what constitutes success in trading involves a process from a great trading system, risk management, psychology, structure, planning, execution and managing. There are many great trading systems/strategies out there, it's really up to us to implement them in a way that we find this consistency. Before you enter any market...
Trading the forex market is inherently risky and brings with it the possibility of losing money anytime you enter a trade. Whilst this is a fact that most traders are fully aware of, it is a curious notion that many traders seem to ignore money management all together, or pay very little attention to it. The fact that most traders lose money in the markets is not really surprising if you consider that most traders also have no money management plans and mostly ignore the fact that they can lose money on any one trade they enter. Money...
Forex trading means speculating on the value of a currency with the belief that the currency will rise or fall against another. For many currency traders forex spread betting is a convenient and tax-free way to trade their chosen currency pairs. In a forex trade, you buy (go long) one currency while simultaneously selling (going short) of another. With forex spread betting trades, you speculate on a ‘value per point’ basis. Importantly, spread betting is a leveraged product. This means you only have to put down a small deposit for a...
Volatility is regarded by forex traders as one of the most important informational indicators for decisions on opening or closure of currency positions. In reality actual price quotations change constantly at different pace: sometimes quickly, sometimes slowly. That is why among all other market characteristics a lot of attention should be paid to volatility as a quantitative measure of past, current and future price range of a currency pair. Volatility refers to the amount of uncertainty or risk about the size of changes in a security'...
A hidden string ties together currencies and crude oil, with price actions in one venue forcing a sympathetic or opposing reaction in the other. This correlation persists for many reasons, including resource distribution, balance of trade and market psychology. And crude oil’s significant contribution to inflation and deflation intensifies these interrelationships during strongly trending periods, both higher and lower. Correlations between the world's most...
