Good day everyone! I am excited that you all have come here to read about my very own Forex Safari. Five years ago I would have never dreamt of writing a post about forex trading in order to help other traders. Let me backtrack a bit here and it will all make sense. My name is Ayah and I am originally from Nyahururu in Kenya, but have moved to Nairobi ten years ago in order to obtain my Bachelor of Science in Zoology from Kenyatta University School of Pure and Applied Sciences. It has always been my dream to work at the Nairobi National Park....
UK Prime Minister May and opposition leader Corbyn have suggested that they may be close to reaching a Brexit compromise which could have enough parliamentary support to pass. Despite the extended deadline until October 31st 2019 to leave the EU, the race is on in order to deliver Brexit by May 22nd 2019. This is the eve of EU parliamentary elections which the UK wants to avoid as May herself stated it would not be right for the UK to participate in shaping the next EU government as the UK is preparing an exit from the world’s largest trading...
Are you a novice trader, facing a dilemma: how to start? Then the “20 pips per day” strategy is for you. It was created long ago and always showed stable results. And there are not trends that it will cease to work in the foreseeable future. But this is a market, therefore, be vigilant when applying any trading strategy and this one in particular. Here are the basic rules for using the 20 pips per day strategy: • You need to start working later than 11:00 GMT. • Do not start working before the release of important...
With many equity markets at or near all-time highs and bond markets in rally mode of their own, a growing risk which could derail the overall bullishness across asset classes has emerged. The price of oil has largely been ignores by many analysts, economists and traders which has created a dangerous scenario. Oil is used in a wide range of industrial applications and used to be a gauge for the health of the global economy. In addition it was a key driver for inflation and inflationary pressures, but currently it has been reduced to a mere...
The foreign exchange market involves firms, households, and investors who demand and supply currencies coming together through their banks and the key foreign exchange dealers. These days, some currency rates are jumping to all-time highs while others plunge to record lows. Exchange rates are constantly fluctuating, but what, exactly, causes a currency's value to rise and fall? Simply put, currencies fluctuate based on supply and demand. Most of the world's currencies are bought and sold based on flexible exchange rates, meaning their prices...
