NZD/USD Introduction A forex trader is, essentially, one whose understanding of the forex market is above par. It includes good knowledge of individual currencies that make up currency pairs. Such information is critical when creating winning forex trading strategies. From the foregoing, the New Zealand dollar (NZD) is a significant currency – which is to say it one among … [Read more...] about What Moves Currency Pairs: Understanding the NZD/USD?
Top Fundamental Setups: Sunday Gap
It’s important for a trader to examine, conduct research, and understand as many trading approaches as possible. This helps them in the adoption and incorporation of one that’s really suitable for their trading style. There are primarily seven setups that are extremely useful when it comes to technical analysis. No matter which trading approach one takes, a trader should always … [Read more...] about Top Fundamental Setups: Sunday Gap
To Algo Trading From Telephone Lines. How Forex Trading Evolved
Before entering the world of forex trading, you need to know the evolution of trading. By doing this, you can fully understand the evolution of the global monetary system, the history of currency markets and currency trading, and different types of the algorithm that operate in currency markets. A Short History of Currency Trading The business of forex trading has … [Read more...] about To Algo Trading From Telephone Lines. How Forex Trading Evolved
Forex Market Players
Taking a look at the participants and understanding the microstructure of forex markets is very important for investors and traders. Having an idea about the different counterparts in the forex market is as important as learning about the similarities and differences between different fiat currencies. The various players include entities such as banks, hedge funds, corporations … [Read more...] about Forex Market Players
Forex Trading Strategies: False Breakout Essentials
Breakouts are rewarding patterns for trading volatile markets as they allow traders to profit early on as a new trend begins. However, many, at times, breakouts are often plagued by false signals resulting in false breakouts. What is A False Breakout? As the name implies, a false breakout occurs when price moves above a critical resistance level or below a key … [Read more...] about Forex Trading Strategies: False Breakout Essentials
