Forex trading is a popular way of making money online. It involves buying and selling currency pairs through a forex broker. The practice has millions of traders globally who use their computers and smartphones to trade. In this article, we will look at how forex trading works and your guide to trade it in the UK. How forex trading works Foreign exchange (forex) … [Read more...] about Forex Trading in the UK Guide
Forex Basics
Guide to Trading AUDUSD
In recent years, the popularity of AUDUSD has been on the rise. The pair includes currencies of developed economies. It is currently among the top 5 most traded currencies in the Forex market. Being one of the most popular pairs, you will have no execution-related problems when trading it. High liquidity allows less slippage, lower fees, tight spread, and greater market … [Read more...] about Guide to Trading AUDUSD
5 Most Popular Methods for Taking Profits in Forex
Are you confused about the best method for taking profits? This article will cover five of the most popular techniques in this regard. So, you’ve done all the necessary homework, entered a position with a stop loss, and fortunately, it begins to show some promise towards your desired profit target; now what? Taking profits in forex is the ‘fun part’ in trading. Despite … [Read more...] about 5 Most Popular Methods for Taking Profits in Forex
Dead Cat Bounce in Forex and Stocks Trading
A dead cat bounce is a phenomenon used to describe a period when a stock, currency pair, cryptocurrency, and other assets experience a brief rally during a sell-off. It is also known as a sucker or relief rally and is one of the most dangerous situations in the financial market. This article will look at what a dead cat bounce is, how it forms, and how you can trade it. What … [Read more...] about Dead Cat Bounce in Forex and Stocks Trading
A Guide on How to Trade Forex With a Small Account
How much money do you need to start forex trading? This is one of the most popular questions among people who are getting started in the industry. In this article, we will look at the minimum amount you need to start trading forex and some of the most popular strategies to use when you have a small account. Minimum amount to trade forex Technology and competition have … [Read more...] about A Guide on How to Trade Forex With a Small Account
