he first time we lay eyes on the Parabolic SAR, we’re awestruck. An indicator showing me a trend reversal, and it’s THAT easy to read?? Too good to be true? Yep. Parabolic SAR, My Shining Star This may seem all-too-familiar
The aim of this article is to make you aware of the various terms that are used in forex market and in forex trading so that this knowledge helps you in your day to day trading. By knowing all the terms it
The goal of this article is to cover two very important things, first of them is the difference between foreign exchange trading & other investments and the second thing we will go through is demo accounts and their usefulness for investors. Foreign
The forex industry has much less oversight than other markets, so it is possible to end up doing business with a less-than-reputable forex broker. Due to concerns about the safety of deposits and the overall integrity of a broker, forex
Using trendlines is a common practice in the technical and fundamental analysis of Forex charts. Identifying the trendlines from data is possible only during technical analysis. An A/B currency trendline chart is illustrated below. Trading in currency A has not
It has been found in studies that almost all forex fraud victims are those investors who attempted to use good profits making ideas which yield quick results and did not do proper market study before investing funds. Thus it is
Once a forex trader starts his currency trading business, he would usually find himself perplexed with the many complexities in the business. There are so many technical procedures that are a way so complicated to deal with. These technicalities need
The daily turnover in Forex trading is more than 4 trillion dollars. Trading is open 24 hours a day Monday to Friday. With that amount of money changing hands on a daily basis, surely there are opportunities to make money. You have
In this article we will look at some of the trading strategies which are used such as martingale strategy & basket strategy and how they help traders increase their profit margins. Martingale Strategy As per martingale strategy, a forex trader should continuously
There are many forex robots available in the market but in most of them you will see disclaimers that state that results are based on simulated results. If you also find any such forex software then it is better not to use