Traders write their trading rules based on what they have learn from the markets. In fact, trading rules are often condensed market wisdom. For new traders, trading rules offer a compass to navigate the troubled market waters. For advanced traders, trading rules open perspectives.The truth about forex is that it can be an intense and stressful undertaking that requires a strong control of your emotions. Learning to trade forex takes patience – it will take you time before you master the basics. Those who lack discipline or make decisions...
Gold’s popularity has grown over the past few years as an alternative currency trade. Many traders look to the precious metal as a hedge against inflation and storage of value – thus, it is often referred to as a “safe-haven” investment. Historically, gold prices tend to move inversely with the U.S. dollar, however with rising geopolitical uncertainty over the past 5-years this correlation is no longer as evident. In response to greater demand and product diversification, gold has begun to trade relative to other currencies as well. Gold...
In the last decade affiliate marketing has become a very important aspect for every single forex broker, in order to reach a wider audience (clients), to increase sales and success. Forex brokers are always keen on acquiring new partners and affiliates to bring them new clients, the reward or commission for forex affiliates has also become competitive among many forex brokers due to the high popularity of forex affiliate marketing. Forex affiliates mainly refer potential traders through their websites, online communities, Social networks or...
Forex rebates programs have become increasingly popular over the last few years, as they allow a trader to reduce the costs of trading. Forex brokerages profit through the spread and/or commission charged to a trader. Spreads and commissions ultimately eat into a traders profits or increase a losing trader’s losses. Forex rebates see traders receive a portion of these costs back from their brokerage either directly into their trading accounts or via a third party. The rebate program operation is based on receiving a commission for each...
The concept of price action trading embodies the analysis of basic price movement as a methodology for financial speculation, as used by many retail traders and often institutionally where algorithmic trading is not employed. Since it ignores the fundamental factors of a security and looks primarily at the security's price history — although sometimes it considers values derived from that price history — it is a form of technical analysis. What differentiates it from most forms of technical analysis is that...