Traders have different approaches when it comes to dealing with crisis. But in some cases even the giants like the US dollar and Euro are not doing so great. Which makes us turn our attention to good old gold. Today we will discuss how to trade gold in Forex and where do you start.
What is the best way to ensure financial stability in the future? Back in the day it was mostly about saving up and stocking physical money in various places in your home. But I’m sure you’ll agree that nowadays the wisest way to go about it is through investing. A smart investment can both preserve your capital and grow it. But finding the most suitable investing path can be tricky in terms of achievability. Today we are going to talk about a way to start your journey to financial stability through one of the most approachable...
Brokers are crucial to the trading process. They take care of so many things: from helping you set up your account and learn about Forex trading to guide you along the way and assist you with becoming successful. The problem is - there are a lot of brokers out there and sometimes it can be challenging deciding which one to go with. Today we will discuss how to choose a Forex broker that suits you best as well as cover the opportunity to become a broker yourself.
The wedge pattern is a technical analysis tool, which predicts the oncoming breach of the market trend. Visually Wedge is similar to a Triangle, the only difference is that both its forming lines are pointed in one direction. Wedge patterns are trend reversal patterns. They are composed of the support and resistance trend lines that move in the same direction as the channel gets narrower until one of the trend lines get broken and reverse the immediate trend on heavy volume. These reversals can be quite violent due to the complacent...
There are three things we can do to come out of this whole Coronavirus situation a winner: wash hands for at least 20 seconds, avoid public places and trade Forex. Yes, that’s right, while other markets are experiencing something much more than a hiccup, foreign exchange brought us some pleasant surprises. The worldwide panic is primarily caused by blown out of proportion conclusions and misinformation. This resulted in businesses and markets hurting just as much as humanity's health. However, there is still hope to turn the...
