5 Compelling Reasons You Should Start Forex Trading
The currency trading market is always a hive of activity and being a $4 trillion a day market, it’s understandable why. If you haven’t yet started trading in currency, now is the time to start. With the availability of many online trading services, there isn’t any reason why you shouldn’t get involved. But in case you are not convinced yet, here are five compelling reasons why you should reconsider your stand.
Currency Trading for Beginners: Top Forex Statistics
There are many economic reports released in the United States that can have a significant impact on forex markets and other financial markets as well. The following is a compilation of most of the market moving reports that track the stability, health and growth of the U.S. economy and therefore value of the U.S. dollar.
The Costs of Using Online Forex Brokers
Choosing an online Forex broker can be a daunting task and costs involved for the privilege can be unrealised until a live account is open. It is therefore the purpose of this article to list all possible costs involved of having a Forex broker, which traders should be aware of before making their choice.
What Can I Use Bitcoins For?
What are Bitcoins and how those can be used? An article about the advantages of using bitcoins, but also about the security problems of the cryptocurrency world.
The End Of Bitcoin’s Beginning
The reported disappearance of supposedly safe bitcoins in a prominent online exchange removes a false sense of cybersecurity. This may not be the beginning of Bitcoin’s end, but we have definitely seen the end of the beginning.
Simple Trend Determination For Forex Day Trading
Determining trend can be a head-scratcher, and subject to interpretation. In this article, I’ll show you a super simple, objective way to figure out the trend that is surprisingly effective! I use it for day trading the Forex markets, but it can be used for longer time frames as well.
Learn Forex Trading the Right Way to Win
In the beginning of the article, let me get one point very straight. If you are here to find out a way to earn fast money, I would suggest you to close this page right now and search for other things on Google promising you a quick buck because what I will tell you, is 100% genuine information and I don’t want to get your hopes high with false promises.
Top 5 Ways the Forex Industry Has Earned a Bad Reputation
There are five ways that the Forex Industry has been tarnished and all participants have a hand in diminishing the most liquid and active market. The first step in rehabilitating the industry is to acknowledge what plagues it.
Italy’s Economy, Is It in the Clear?
After years of headline-hitting economic and political news, things seem to have settled down in Europe’s fourth biggest economy; Italy, but appearances can be deceptive. The Italian prime minister is very upbeat about the prospect of growth, hailing it as the exit door from Italy’s long-standing economic problems but many say he is sweeping the biggest problems under the carpet.
How Important Is Your Forex Trading System?
Most Forex traders mistakenly think that the solution to their trading problems is found by learning more about different trading systems. Admittedly, there is a need to review several systems and approaches as part of the process of learning to trade. But beware, “system junkies”. The problem is usually you, not the system!
Can You Get Rich Doing Forex Trading?
When many people think of forex trading, the first question that probably comes to their minds is whether they can really get rich by investing in the forex market. Well, anyone has the potential to get rich in the forex trading business but not everyone does. You can use it to make a great second income or you can make it your sole income generator when you become a super trader.
Understanding 60-Second Binary Options Trading And Strategy
There are now many different ways in which to trade forex binary options. But not all are created equal and some are definitely more popular than others. One of the most popular ways of all is through the use of 60-second binary options contracts. In this article we introduce you to these unique options contracts, and then briefly show you how they are traded.
Reasons Why Monetary Policy Drives Forex Rates
Forex traders that use fundamental analysis for making trade decisions, especially in determining swing trade ideas, monetary policy decisions and central bank statements provide good clues in forecasting price behavior of currencies. After all, it is the central bank officials that decide on the level of interest rates and money supply. In turn, these determine the rate of return on the country’s currency and the supply of cash circulating in the economy. This is also why forex traders often keep close tabs on economic releases, as these help them predict if a currency is about to rally or drop.
What Do You Need to Be a Successful Forex Trader?
Contrary to all the sales hype out there Forex trading is not as easy as placing bets on a currency going up or down. A 50/50 bet that either goes against you or with you, Wrong; Forex trading is a strategic activity that is influenced by an array of different fundamental and technical issues.