Automated Forex trading is becoming increasingly popular every year. Many novice traders are unwilling to go into the analytical features of the exchange process and turning to automated trading advisors. By itself, the automated trading advisor is an executable program, which laid the basis for an algorithm of actions, often quite primitive, aimed more towards fortune. It should be understood clear that trading advisers can not be a complete guarantee of success. If trade with the help of expert advisors was successful at 100%, then no one...
As Wall Street grapples with the election of Donald Trump as the next US president, it appears the order of the day is uncertainty. Among the myriad uncertain consequences of Trump's election is the real possibility of a major shake-up at the Federal Reserve. Some economists say that in terms of possible problems for the economy going forward the main risk is monetary policy uncertainty. The most striking uncertainty for some analysts is the political independence of the Fed — to not have monetary-policy decisions influenced by ever-...
There are two main reasons why the US election affects global currency markets; the first reason is simply that the U.S. economy is the largest in the world (meaning that the majority of international transactions are conducted in US dollars) and the second is that the U.S. is the largest owner of the world’s reserve currency. As the U.S. election campaign comes to a close, keep an eye on currency markets—the outcome of the race could impact the U.S. dollar and marketplace, along with other global currencies. This election has affected...
Despite the long-term development of the Forex market and its popularity, many new traders intuitively believe that in trade is sufficient to rely on luck and intuition, and thus are making a huge mistake. It’s impossible to earn, trading on emotional basis only. It is important to correctly calculate your own forces, monitor the market, and in any case do not give in to emotions. Emotions in Forex, as well as in any other market, will not give anything good. Therefore it is necessary to keep a well thought out strategy and carefully study...
One of the most popular new ways to make money online is in the Foreign Exchange market (also known as Forex or sometimes FX) market. It is the buying and selling of different currency pairs. Forex trading has grown in popularity in recent years and is rapidly becoming one of the best ways to make money online. For newcomers, there is somewhat of a learning curve, but it is not as steep as in many other businesses that take years to understand. If public companies have shares that you can freely buy and sell on the market, then countries have...