While working in the financial market Forex, you should be able to adequately distribute your capital to calculate how much cash should be involved in the transaction for profit. It is equally important to have a clear definition of the total amount of money you are ready to put on the risk map. To address these issues, there are certain methods of money management. The absence of any method for managing capital It sounds paradoxical, but this method also has the right to exist. Many Forex traders, opening orders, do not plan any size...
Today’s trading session saw another sharp drop in the Euro which initially appeared stronger enjoyed some upward momentum, as little as it was, which was a sigh of relieve for those trading on a stronger European currency. After the EURUSD failed to breakout above the 1.4000 level, a double top formed just below it, this currency pair has been on a sharp downward projector which took the EURUSD down by over 1,600 pips without a real pause. Economic data has come in disappointing and the European Central Bank has slashed interest rates to 0.05...
The Government of Japan intends to explore measures that will help to minimize the negative effect of a significant weakening of the yen against foreign currencies. This was announced yesterday at a press conference in Tokyo by Japanese Finance Minister Taro Aso. The weakening of the yen is a consequence of the central bank's actions to mitigate the monetary policy. Such fluctuations in exchange rates favorable to export-oriented companies, but Japan has to consider a number of measures in connection with the growth of import prices. "...
The forex market continues to grow every day and more and more new forex traders enter the largest and most liquid financial market of the world. Daily turnover is set to exceed $6 trillion; this means that every day $6 trillion are exchanged. This amounts to over one-third of the annual GDP of the US every single day. The numbers are mind boggling and may even appear frightening. As you can imagine with this amount of daily turnover there are plenty of forex trading opportunities and therefore profit opportunities. While many new forex...
Currently, Forex affiliate programs are very common among brokers. Thanks to them, companies not only promote their brand and services, but also provide an additional influx of customers, both targeted and potential. On the other hand, affiliate programs allow traders to create an extra source of income. The term "affiliate program" used not only in the financial market Forex. Almost all the sectors of modern businesses use this approach to search for new customers and increase sales. Partners, in turn, receive a financial reward for services...
