The Australian Dollar leapt toward yesterday’s six-month peak against the US Dollar with China’s GDP much better than forecast. Chinese GDP printed at 2.9% year-on-year for the fourth quarter against expectations of 1.6% and 3.9% previously. Other Chinese data was released at the same time, with industrial production for the year to the end of...Read More

DO YOU KNOW THE TRUTHS ABOUT FOREX TRADING?Traders face a barrage of information when they start out in the markets – and being able to sort the wisdom from the folly could be the difference between success and failure. Should you risk 1% of your account per trade, or 5%? Does RSI work better than...Read More

Throughout periods of market disorder, stock traders look to safe haven stocks to weather the storm. Safe haven stocks also allow traders to diversify their portfolio and reduce risk. This article will outline the following key concepts to help traders take advantage of safe haven stocks: Safe haven stocks defined Cyclical vs Non-cyclical stocksBest safe...Read More

The study and mapping of trends and price patterns using numerous technical indicators, or studies, is known as technical analysis. This price-time connection can assist traders not only observe and analyzing more data but also detect periods of hesitation or emotional reversal. To construct a strategy or technique, technical analysis is employed to assist identify...Read More

Scalping is a short-term trading strategy in forex that aims to profit from minor price fluctuations in the forex market. Scalpers will buy and sell a foreign currency pair in seconds or minutes, only holding the position for a few seconds or minutes. They then repeat this process throughout the day to profit from price...Read More

A trader’s margin is the amount of money he or she must put up to open a trade. To open a trade when trading forex on margin, you only need to pay a proportion of the total value of the position. When it comes to leveraged forex trading, the margin is one of the most...Read More

Slippage is a typical occurrence in forex trading, however, it is frequently misinterpreted. Understanding the causes of forex slippage can help a trader reduce negative slippage while potentially increasing positive slippage. Unexpected news developments and fluctuating volatility in the forex market generate slippage. It can also happen when you trade an instrument outside of its...Read More

Forex risk management allows you to put a system of rules and controls to ensure that any unfavorable consequences of a forex trade are contained. Because it’s ideal to have a risk management plan in place before you start trading, a good approach necessitates proper planning from the start. Risk of forex trading Currency risk...Read More

Traders can utilize a forex economic calendar to learn about forthcoming news events that can influence their fundamental research. Economic calendars list the dates and potential effects of upcoming national and worldwide events that may have an impact on the price and popularity of specific markets or assets. The kind and date of each event on...Read More

Hedging in forex trading is a method used by investors of all colors to protect one position from bad price changes. Hedging often entails opening a second position that is likely to have a negative correlation with the original asset being held, which means that if the price of the first asset falls, the second...Read More