The forex market is subject to several adverse events that often affect trader's sentiments, conversely fuelling wild swings. Traders deploy some strategies to protect themselves against adverse events. The ‘Sure Fire’ hedging has found increased use as a risk mitigation play in times of adverse events in the trillion-dollar market. What Is Hedging? Forex hedging … [Read more...] about The “Sure-Fire” Forex Hedging Strategy: How It Works
4 Price Action Trading Strategies (With Examples)
Price action is a trading strategy that involves looking and interpreting chart patterns over time. It is a common strategy that is often used independently or together with technical and fundamental strategies. The approach is based on the idea that the most important determinant of the future price of an asset is the price itself. It is applied well in day trading, swing … [Read more...] about 4 Price Action Trading Strategies (With Examples)
How to Trade Gold as Technician
Gold as a commodity has always held its value for centuries. However, in recent years we can see the trader’s interest in trading gold decreasing. For instance, from the early 1980s right up till the 2000s, we have seen very little interest in trading this safe-haven asset in major stock markets of the world. However, there are still lots of profits to be gained if you can … [Read more...] about How to Trade Gold as Technician
Here Are The Top 5 VPS Services For Trading
What is VPS? So, you are an active professional trader who would want to hold positions in the market and keep then active for a long time. Say for the entire period that your position is active, you have zero tolerance for downtime. If you are using your laptop at home, you cannot achieve this goal. What, then, can you do? You can buy a server and situate it in your office … [Read more...] about Here Are The Top 5 VPS Services For Trading
Useful Trading Indicator You’ve Never Tried: Money Flow Index (MFI)
The exchange rates in the forex market fluctuate in response to varying forces of demand and supply. Whenever demand for a given instrument is high, its price inevitably rises. Similarly, the price would fall whenever demand is low. Gauging and analyzing supply and demand forces is crucial to staying on top of the game when it comes to forex trading. Money Flow Index is a … [Read more...] about Useful Trading Indicator You’ve Never Tried: Money Flow Index (MFI)
