They say the best things in life come in pairs. When we trade forex, we are continuously measuring the strength or weaknesses of one currency against another. As expected, with virtually every country having its own currency, there are mathematically thousands of pairs you could trade. The average retail forex trader is usually exposed to between … [Read more...] about Top 10 Most Traded Currency Pairs 2022
Guides
Implementing the IG Sentiment Indicator in Forex
Most traders are well-inclined with technical and fundamental analysis as the two strands of speculating in currencies. Yet, an avenue that doesn’t get spoken enough of is sentiment analysis. Put simply, this analysis provides one with data on how many people are currently long (buying) or short (selling) within a particular market. As expected, this information can be … [Read more...] about Implementing the IG Sentiment Indicator in Forex
Spread Betting Guide
Spread betting is a form of trade in which investors speculate on financial instruments depending on whether they think the asset’s value will head up or down. You can trade without owning the underlying asset at all. You can spread bet on a wide range of products, including market indices, commodities, currencies, and more. Leverage is an in-built aspect of this trade, … [Read more...] about Spread Betting Guide
3 Top Ways to Identify Reversals in Forex Trading
Reversals are critical situations that happen in the financial market all the time. That’s because currency pairs usually rise and fall regularly. For example, while the US dollar retreated in 2020 during the Covid-19 pandemic, it managed to bounce back in 2021. The same trend is seen in the long-term and short-term. In this article, we will look at some of the top three ways … [Read more...] about 3 Top Ways to Identify Reversals in Forex Trading
CFD Trading in Forex
Contracts for Difference (CFDs), are forms of trade based on speculating short-term price changes of assets. This form is highly dependent on margin trading and leverage and does not involve actual handling of the assets involved. If you're looking to create a position in CFDs, you simply need to deposit a fraction of the total value of the transaction. This is also … [Read more...] about CFD Trading in Forex