Professional traders know that there are a lot of factors to consider when it comes to building a thorough trading strategy. One of these factors is the degree of correlation between various currencies. Today we are looking into some of the most popular currency pair correlation trading strategies and how to effectively apply them. 

Some trading strategies are more complex, others are based on very straightforward principles. The Forex 100 pips daily strategy is one of those that have a very simple premise. Today we will discuss everything you need to know about the 100 pips trading strategy. 

Pivot Point (PP) is a technical analysis indicator that helps to visually show so-called pivot levels in a chart. In its essence, it is more correct if we call it a script. It shows potential levels for trading on the charts.

Yesterday, UK PM Boris Johnson was faced with his first parliamentary defeat since the December election that granted him an overwhelming majority. The House of Lords, which is the unelected upper house of Parliament, is where he suffered not one but three defeats in one day. More is expected today as the Brexit bill is being amended. Given the 80+ majority Johnson’s Tories command in the lower house, the House of Lords is the only way for pro-EU members to attempt to force minor concessions.

The ink has not dried on the US-China phase-one trade deal, and it already appears to be falling apart on multiple fronts. A multitude of experts warned over the past few months that this trade deal, hailed by US President Trump as a great success, is nothing more than a politically inspired act. It does nothing to alleviate global trade jitters, aside from calling for a truce in the mutual tariffs the two largest economies levied against one another. On the contrary, this trade deal may violate WTO rules and end up costing a lot more than it attempts to salvage.

Global trade optimism was slightly crushed as the US announced that existing tariffs on China will remain in place until after the US presidential election in November. President Trump will sign the phase-one trade deal in Washington today, together with senior Chinese political figures. Presidents usually don’t sign trade deals, but Trump has made it a habit of inking even marginal ones and then claiming a massive victory for the US economy. The Japanese and South Korean trade deals are the most recent examples.

Switzerland is back on the US Treasury Department currency watch list, one step shy of being labeled a currency manipulator. According to the 1988 Omnibus Foreign Trade and Competitiveness Act, the US Treasury Department has to conduct an annualized review to determine which country manipulates its currency to gain a competitive advantage against the US. The biggest drawback of being designated a currency manipulator by the US is the exclusion of US government procurement contracts. Updates are conducted every six months.

The 2020 trading year started, and it’s time for forecasts. Every financial firm and analyst has a set of trends and predictions to follow. 2019 finished on a high note and was better than many market participants expected. Worries of a recession never materialized, the US-China trade war intensified, and Brexit uncertainty remained, but markets took the issues in stride. The big question for 2020 is if the markets simply chose to ignore the red flags.

After PM Johnson secured an 80 seat majority in Parliament, the UK is set to leave the EU by January 31st 2020. This brings another Brexit deadline into play, the transition period, which will end on December 31st 2020. PM Johnson will introduce a bill, widely expected to pass, which will make an extension of the transition period illegal. This could lead to a no-deal Brexit in just over twelve months. During the transition period, the UK is still under the EU framework without representation in Brussels. After the transition period, the UK is free to chart its course.

Forex traders started the fresh trading month with a barrage of global manufacturing PMI’s and the final verdict remained extremely bearish. The global manufacturing sector slid deeper into recession in November and this shouldn’t be ignored. While manufacturing represents a smaller share of global GDP as compared to the services sector, it remains a key component with many high-paid employees. Most countries reported weak PMI data, except for China, India, and France.

PM Johnson managed to get his December 12th election on the second attempt after the Labour party dropped its opposition. This marks only the third-time in modern UK political history that election are held in the winter, but many saw this as the only way to break the impasse. The socialist Labour Party, the pro-EU Liberal Democrats and the Scottish National Party will try to win seats from Johnson’s Tories, but polls favor a big win for the Conservatives. A lot of things can change over the next six weeks and the British Pound will likely face volatile and uncertain times.

With global recession calls swirling around plenty of trading desks, the global economy does feature hot pockets of activity in Europe, Latin America, Asia and Africa. Those economies are faced with disruptors ranging from climate change to automation and digitization and from protectionism to populism. How each economy approaches disruptors will have a significant impact on how their economies will perform. Then there are more traditional economic drivers such as labor force, education, investment and productivity.

Another delay is in the process of being formalized. The length of the extension is three months in order to give the UK time to implement the PM Johnson’s Brexit deal which received majority support in Parliament. France wanted a shorter extension than most other members prefer. UK PM Johnson is pushing for an election on December 12th while two opposition parties, the SNP and the Liberal Democrats, push for an election even sooner.

Mario Draghi will chair his last ECB meeting today and leave the European Central Bank divided like it has never been before. His actions as ECB President will have an impact on the Eurozone long after her has moved on. Some credit him with saving the breakup of the Euro, but history will be the judge if he may have started the total destruction on the it. The economy remains fundamentally weak, the risk of deflation elevated and the fiscal outlook unstable. All this while Draghi has ushered on the era of negative interest rates in the Eurozone.

While Canadian PM Trudeau managed to lead his Liberal Party to victory with a projected 157 seats in the next Canadian Parliament, it fell short of the 170 required to hold onto a majority. The most likely outcome will be a minority government by Trudeau’s Liberal Party which would represent a weaker governing position than before. The Conservative Tories, led by Sheer, are projected to have secured 121 seats, up 22 seats as compared to their previous 99 seats while also winning the popular vote.

In less than 48 hours the EU summit will start and both sides are racing to put a deal together. Boris Johnson, the British PM, wants to have a deal by the end of the summit which he can take back to Parliament. He has urged MPs to back any deal he will bring back from Brussels so that the UK can finally deliver on the Brexit referendum and leave on October 31st 2019. Optimism is now on the rise and after the British Pound reached a three-month high it started to pull back as time is running out.

UK Prime Minister Boris Johnson lost his sixth vote in Parliament after his second attempt to call an early election failed to satisfy the require majority. He final vote was 293-46 in favor of an early election, but the opposition Labour party abstained and Speaker John Bercow declared that the majority didn’t meet the requirements of the Fixed Term Parliaments Act. PM Johnson stated “I earlier urged the house to trust the people. But once again, the opposition think they know better.” A two-third majority is required in order to call for early elections.

China may be changing its strategy in the trade war it was dragged into by the US. While speculations run high if Trump’s strategy worked and harmed the Chinese economy to the point they felt forced to change direction or if this is a tactical maneuver by China remains to be seen. US President Donald Trump is likely to tweet more messages of a victorious outcome. So far China retaliated to each tariff increase the Trump administration announced.

With the rapid growth of online currency trading many strategies become more popular than others. One of such strategies is 10 pips a day trading strategy. It is widely advertised as one of the fastest ways to make profit on Forex.

When it comes to developing a strategy there are a number of approaches a trader can take. Most of the strategies start with a certain way of market monitoring. This means taking specific data from a chosen time period and building the estimation based on it. 

Ciao everyone, I’m Alessandro from Montegiardino in San Marino. As you can probably imagine, it is a very tiny community. We have less than 1,000 people living here, but it is more about quality. You may remember the Eurovision Song Contest of 2015, our singer Anita Simoncini is from Montegiardino. It is also home to San Marino’s only university where I studied Engineering Management. Montegiardino was the last commune which joined San Marino in 1463 which ended the territorial expansion of my country.

No matter what currencies you actively trade, you are going to be facing a competitive market, which will be filled with constantly changing prices, costs, fees, spreads, and commissions. Having a prior-tested and adaptable trading strategy is crucial for anyone who wants to survive and thrive in the world of forex trading. The actual trading strategy you adopt will largely come down to your skill level, capital, and attitude to risk.

Welcome back everyone, I am sure most of you wonder how long the correction in Bitcoin as well as other cryptocurrencies will last. Before I answer that question, let me remind you that corrections are necessary for a healthy up-trend. I have mentioned a correction in last week’s post “Bitcoin - Forex Combo Strategy: What’s Next for Jesse Lund?” where I also explained why I took a 500 Bitcoins short position at $8,800.

I know that forex trading is dominated by make traders so you can imagine that it was a bit harder for me to get my business off the ground. Adding to the obstacles were my conservative family who wanted me to get married and become a housewife, growing up in Saudi Arabia and being Muslim living in Poland now. I am very untraditional across in all aspects of my life, but I believe this is one of my greatest strengths. I had way too many hurdles to clear, so I decided to clear them one at a time.

Hedging in forex protects investors from the volatility and uncertainty of financial markets. With forex hedging, the strategies refer to the act of an additional buy/trade of currency to offset the risk involved in the initial buy/trade. It is a method of insurance for forex traders, but should only be used by experienced traders who understand the ups and downs along with timing in the market. Adopting a hedging strategy without sufficient trading experience can make for disastrous impact on your account.

Establishing a forex trading strategy helps you to take a more objective approach to your trading. With a reliable forex trading strategy in place, no single trade should be able to make a disproportionate dent in your bottom line, and you should be able to see each trade as part of your ongoing trading activity. In the short term, you are trading on the basis of tested methods rather than individual hunches. In the long term, you are placing your individual trades within the wider context of your rules for money management.

In the world of forex trading, the term discipline means, you as a trader will be following the rules of the trading system strictly and accurately. For some, discipline means they are being serious about doing something but it is a whole lot of ball game when you associate discipline to forex trading.

Forex traders use a variety of strategies and techniques to determine the best entry and exit points, and timing to buy and sell currencies. A forex trading strategy is a set of analyses that a forex trader uses to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis, chart analysis, or fundamental, news-based events. The trader’s currency trading strategy is usually made up of trading signals that trigger buy or sell decisions.

The final quarter of 2017 will kick-off next Monday and many forex traders will try to push hard over the final three months of the year in order to boost their overall performance. This is rather normal and many traders seek the best returns over that period. It is debatable if the final three months of each year or any other specific period is the best for trading, but volumes do tend to pick up and depending on which strategy a traders follows that could make a big difference in the results achieved.

The forex market constantly is offering lower and higher quality trade setups. It is traders job to scan, recognize, select, enter and exit the ones with the best odds and reward to risk. Given the uncertain nature of the forex market, traders always face a dual choice -- high probability or high profit. The shorter you set your amplitude goals the higher the probability that you will achieve your target.

Currency trading is when you attempt to generate a profit by speculating on the value of one currency compared to another. Foreign currencies can be traded because the value of a currency will fluctuate, or its exchange rate value will change, when compared to other currencies. Online currency trading without a strategy is to rely entirely on chances for your success or failure.

There are many great trading strategies out there, and purchasing books or courses does save time, but trading can also be a "do it yourself" career. Many traders spend hundreds or even thousands of dollars looking for a great trading strategy. There is no perfect forex system or strategy that will allow you to have winning trades all the time.

Extreme forex market volatility and major headlines has made forex trading more popular than ever. Market conditions remain as challenging as ever and many novice forex speculators have found it very difficult to preserve capital - much less turn profits. Establishing a forex trading strategy helps you to take a more objective approach to your trading.

You probably noticed that ordinary Forex market traders are constantly trying to find a new indicator or trading plan that will allow them to get more money. The reason for such a frantic search is that most traders lose money instead of earning it.

While losing a few trades in a row does not necessarily mean you need professional help, it does mean you need to stop and pull yourself away from the market and objectively think about your trading decisions. Over trading and obsession with the market are two very real problems that many traders experience, with a little time and effort on your part you can easily overcome these often made trading errors.

Forex is seen as one of the riskiest trading activities. This reputation it deserved because of the large number of failed traders in this financial market. It’s just not real to trade with absolutely no loss, but you can not allow that the sum of losses would exceed the income. The result of such a trade is always becoming a total loss of your deposit.

Fоrex scаlping is a pоpular quick trаding method invоlving swift оpening and clоsing of trаdе pоsitions. In this mеthоd thе trаdеrs keep their pоsitions open only for a few seconds or at the most 2-3 minutes. A majority of scаpers hold their positions for as short as one minute.