When we set a goal, any goal, we usually tend to focus on the end result. It is simply human nature to visualize the ending without the process that caused it. It can also be referred to as dreaming. And we cannot say that dreaming is bad, it is actually quite crucial for a healthy person, but turning a dream into a goal is what differentiates a head-in-the-clouds from a motivated achiever. It is common knowledge that the most effective goal is a SMART goal, the one that is: Specific Measurable Achievable Relevant Timed Most advanced...
As the EU is scheduled to vote for Ursula von der Leyen as the next President of the European Commission and the UK is on track to announce its next Prime Minister, tensions during the latest round of Brexit negotiations have risen. According to sources, talks between EU Chief Negotiator Michel Barnier and UK Brexit Secretary Stephen Barclay have been the most hostile since 2016. The EU is preparing for a rise in tension as the bloc prepares for the Premiership of Boris Johnson who vowed to deliver on Brexit by October 31st 2019 and is...
The foreign exchange market is comprised of major, minor and exotic currencies. Beyond the major pairs, forex exotic pairs introduce a new world of risks and rewards in the currencies of emerging economies. While on one end of the risk spectrum, extreme price events such as a large devaluation are more likely, at the other end, technical pricing patterns are more predictable. Exotic currencies are thinly traded currencies and consequently more volatile. In an exotic currency pair, one or both currencies have a low trading volume (e.g., US...
Essalam, my name is Saadeddine and I am a bar tender from Casablanca in Morocco. I feel truly blessed that I am able to share my story with you which will start in my home town, then on a cruise ship and into the world of forex trading. I just celebrated my 43rd birthday this week and my daughter suggested that it would be great to share my story, write it down and pass it on to the next generation. Today I want to give you the short version which may send you on your own journey to discover what life has to offer. At the age of 18 I was...
An important consideration to take into account when comparing forex brokers is how they execute customer transactions and whether or not they take the other side of each order and transaction you deal through them. In practice, just about all forex brokers will operate under one of the five common broker business models. Since the differences between these models mean brokers might have substantially variable order execution methods, it pays to understand how each of these models works so that you can select the best order execution method...
