Forex trading: Discretionary or Mechanical Mechanical Trading strategy removes the need to predict by laying down some rules. The system informs the trader when to enter and exit the market and how much to risk so that they don’t have to make predictions. The Discretionary Trading strategy focuses on the intuition, market knowledge, and gut feeling of the trader. … [Read more...] about Choose Your Trading Approach: Discretionary Trading Or Mechanical System?
Forex Correlations And Taking Advantage Of Connected Forex Pairs
The Basics of Forex Correlation One of the distinguishing traits of the forex market is that instruments are expressed as pairs instead of single entities. When you’re buying a currency, you are also indirectly selling another currency in the pair - and vice versa. In buying a currency, it has the potential to gain strength, while the opposite currency can potentially lose … [Read more...] about Forex Correlations And Taking Advantage Of Connected Forex Pairs
Modern Monetary Theory Principles
MMT or Modern Monetary theory mentions that any country which issues its own currency will never face any shortage of money. It means that these countries will never run out of cash, unlike many businesses and people who can. This theory was once just a heterodox macroeconomic theory. In the present times, it is a topic of discussion between the economists and … [Read more...] about Modern Monetary Theory Principles
FCA, FINRA, and Other Financial Markets Regulators
Why Forex Needs Regulators? Regulations in the Forex market refer to any rules, directives, and laws that firms in the forex market must follow. Regulations aren’t just limited to having rules in place. Instead, it consists of the ongoing oversight of these rules to enforce them. With over $6 billion daily tradings, the forex market is the most liquid and largest in … [Read more...] about FCA, FINRA, and Other Financial Markets Regulators
What moves HKD USD and Hong Kong Monetary Policy
The Hong Kong dollar is one of the most traded currencies in the world and has its value pegged to the US dollar. In this article, we take a look at the factors that influence the exchange rate of the HKD/USD currency pair and the role of the Hong Kong Monetary Authority in keeping it pegged to the USD. HKD/USD and HKMA (Hong Kong Monetary Authority) The Hong Kong … [Read more...] about What moves HKD USD and Hong Kong Monetary Policy
