Archive for the "Trading" Category
As all processes in the world economy are closely interlinked, it is not a good idea to consider Forex market separately from other ones. Any changes on the currency market can have great influence on currency quotes. That is why it is important to know peculiarities of their interaction, common and distinctive features. Today we… Read more
Every time we take up something new, we have doubts. And this is normal! Doubts are the result of estimating yourself, of searching personal features that are needed for this new activity. At the beginning of the journey a trader cannot avoid being unconfident of his/ her abilities, knowledge and skills. This is exactly what… Read more
Each trader has his personal approach to the situation on currency market and his own trading methods and trading system. Each one chooses the strategy that to his mind is the most effective. As a rule, the opinions of traders on that subject are different. But today we will focus on the most popular strategy… Read more
Traders analyze Forex market in order to make a forecast that will enable to increase the profitability of transactions. Forecast is the part of a trading plan. Different methods of analysis are used to define long-term trends, favorable conditions for opening and closing of deals, prospect price rebounds etc. As a rule, there are two… Read more
Forex is enveloped in myths and delusions. Having no idea about currency market functioning and work mechanisms people ascribe to Forex and trading such things that do not quadrate to facts. Let us consider the most widespread legends. 1. Forex is a complete deception. Another variant of this phrase is: “Forex is a casino where… Read more
