Intraday trading has been one of the most popular trading activities for quite a long time. Daily trading signals that your forex daily strategy can provide you with is a key step towards your trading success. However, not all day trading techniques and systems are the same. Day trading is the active buying and selling of financial instruments within short-term, intraday time frames. In contrast to more traditional forms of capital investment, day trading aims to achieve profitability through frequently entering and exiting a market. Day...
The US currency rate is falling on the first day of the new trading week in relation to most world currencies in anticipation of a meeting of the national regulator, as well as signals on the further monetary policy of the department, taking into account the slowdown in the global economy. As of the morning, the euro / dollar rate rose to 1.1418 dollars per EUR from the previous close of 1.1412 USD per euro. The dollar against the yen fell to 109.38 JPY per dollar from the previous close of 109.53 JPY per dollar. The dollar index fell by 0.08...
Hello, I am Samantha from Ireland. I am computer scientist who is fascinated with math and science fiction. I love math as it explains just about everything on this planet and science fiction is just a fun way to relax. During the day I work for a security firm, developing new cyber security tools for government and corporate clients, but at night I turn into a hardcore, part-time forex trader. Why do I love forex? It goes back to my obsession with math and therefore financial markets are a great playground for people like me. I settled on...
The World Economic Forums is on its way in Davos, Switzerland. There are plenty of topics discussed and regardless of which financial market you trade in, Davos is always a great place for breaking news and developments which may ripple through all parts of financial markets. Bank of England Governor Mark Carney commented that companies aren’t able to full prepare for a WTO type Brexit. He stated that “There are a series of logistical issues that need to be solved, and it’s quite transparent that in many cases they’re not. There is a limited...
All currencies are traded in pairs – and as such they share relationships with their counterparts. In other words, currency pairs are correlated with each other. Each of the currency pairs is influenced by different political events, news releases and also goods/material/financial trading between different global market centers. Studying the way each currency pair moves and fluctuates will help you to become a better trader. Understanding how to effectively utilize forex correlations can add another dimension to your technical analysis...
