Choosing the right forex strategy is crucial for earning profits from trading. There are many forex trading strategies that are used by beginners as well as experts, but none of them can be called the most useful one. The best strategy for a user depends solely on him and his trading technique. Traders often panic when they see a strategy is working for others, but not for … [Read more...] about How to Choose an Appropriate Forex Strategy
Guides
Guide to Speeding Up Your Profits with Forex VPS
The foreign exchange market is highly lucrative. Traders who understand how to leverage the market’s profit potential earn comfortable incomes frequently. However, the need to generate ever-higher profits is driving an automation boom. Notably, automated forex trading is a common feature today, and it will increase as more traders learn its benefits. Nonetheless, automating … [Read more...] about Guide to Speeding Up Your Profits with Forex VPS
Guide to Using Economic Calendar in Forex Trading
Forex traders are the most current in terms of the goings-on in the global economy. Their attention to detail is impeccable because their money counts on it. To be sure, good forex traders conduct thorough market research to ensure that whatever decisions they make rely on facts. Thorough market research ensures that trading decisions are devoid of the influence of human … [Read more...] about Guide to Using Economic Calendar in Forex Trading
How to use Forex Chart Patterns
Technical analysis in the foreign exchange market is based on the theory that market history, the movement of currency charts is constantly repeated, which means the repetition of events of the same type that have already occurred in the past. A pattern is a graphic drawing that makes it possible to predict the future movement of quotes. In this article we will analyze the most … [Read more...] about How to use Forex Chart Patterns
Michigan Consumer Sentiment – How to trade the MCSI in Forex
The University of Michigan Consumer Sentiment index is one of the most followed sentiment surveys around the world, and it affects Forex pairs. Although it covers the United States consumer sphere only, it has a global impact as the US is the leading economy on the planet. Traders around the globe look at it for insights about how the country is doing and how it interacts … [Read more...] about Michigan Consumer Sentiment – How to trade the MCSI in Forex