Introduction The global foreign exchange (forex) market is enormous. For context, figures from the Bank of International Settlements' (BIS) latest triennial survey show that forex traders moved a daily average of $5.1 trillion in April 2019. The amount overshadows the total global value of bonds and stocks. The BIS's survey further stated that the US dollar (USD) … [Read more...] about USD and Trade Deficit
Tips to Mitigate Exchange Rate Risk
Introduction A story is told of a Japanese man who walked to a currency exchange counter to convert his dollars into yens in a US airport while waiting for a Japan-bound flight. The man counts the money he receives and immediately starts fuming. He says, "When I landed here last week, my yen gave me more dollars. I smell fraud in here!" "Fluctuations, Sir!" the woman at the … [Read more...] about Tips to Mitigate Exchange Rate Risk
FX Delta Review
With the key objective of attracting traders looking for trading systems that use new strategies, FX Delta offers a trading system and indicator product that claims to profit from market trends. This system works by using signals of high probability via various trading basics such as volume, divergence, etc. Is this system as effective in bringing traders profits as it claims? … [Read more...] about FX Delta Review
Happy Way Review
Happy Forex is a well-known company that works on the market for years. Happy Way is one of their products that has existed on the market for several years. There’s an affiliate program that unites all their EA in one package. There’d be an advertisement, but it was removed. Detailed Happy Way Review The EA trades fully automatically for us.The robot … [Read more...] about Happy Way Review
How to Manage Fear and Greed in Day Trading
Fear and greed are among the key concepts in the financial markets. When not managed well, the two concepts have led to the destruction of many traders. In this article, we will look at the best strategies to manage fear and greed in day trading. What is the fear? Fear comes in many ways for day traders. First, there is the popular concept of fear of missing out (FOMO). … [Read more...] about How to Manage Fear and Greed in Day Trading
