Forex Blog & Articles
This blog provides Informational & Educational material to help you grow your Forex Skills
BLOG FOREX INFORMATION & EDUCATIONAL ARTICLES - Ordered by Date Published
Thursday, 20 May 2021 07:59
Is a demo forex account the right tool to help you practice trading?
Written by AllFXBrokers Support
Is a demo forex account the right tool to help you practice trading? Practice makes a man perfect! Someone wise once said. No doubt, the more you practice, the better you become at whatever it is you are doing. But take this with a pinch of salt. What if you kept practicing something, but have the wrong tools at your disposal? Regardless of how long you practice, when you use the wrong tools, chances are that you will not get ahead. Retail forex trading, as one might have already heard, often attracts just about anyone. The lure to speculate…
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Friday, 04 December 2020 11:53
How to combine different types of analysis in Forex?
Written by AllFXBrokers Support
How to combine different types of analysis in Forex? There are several methods of analysis that are available for traders and investors in the financial markets. Whether it is forex, equities or futures, market participants can either choose to analyze the securities using technical analysis or fundamental analysis. In most cases, fundamental analysis is widely used in the equity markets, especially if you are a long term investor. Within the fundamental analysis, there are various schools of thought such as value investing, momentum investing, dogs of the Dow and so on. Similarly, in technical analysis too, there are different ways…
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Friday, 04 December 2020 11:52
How to backtest your forex trading strategies
Written by AllFXBrokers Support
How to backtest your forex trading strategies Backtesting is one of the important things a trader needs to do before using a trading strategy, especially if one wants to use an automated trading system. As the name implies, backtesting is where a trader would test their strategy on historical data. This is useful as the backtesting exercise allows traders to understand how their trading strategy would have fared on historical data. It also allows traders to understand if there are any cracks. It is important to note that past performance does not guarantee future results. But having said that, back…
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Friday, 04 December 2020 11:49
Forex Copy Trading – What is it and how does it work?
Written by AllFXBrokers Support
Forex Copy Trading – What is it and how does it work? Copy trading in forex is a concept, that as the name suggests, allows traders to copy someone’s forex trades. Obviously, the trader’s trades that you are copying should show a history of steady profits. The concept of copy trading, also known as social trading is the idea of copying another trader’s strategy and trades. Copy trading is relatively new, just under a decade but it has become one of the key ways for some traders to take advantage of the retail forex markets. Copy trading has been around…
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Friday, 04 December 2020 11:48
Five things to know about the U.S. Federal reserve bank
Written by AllFXBrokers Support
Five things to know about the U.S. Federal reserve bank The U.S. Federal Reserve bank is undoubtedly the most powerful central bank in the world. This comes due to the fact that the Fed oversees the monetary policy that directly impacts the U.S. dollar. The USD, as you would know is the world’s reserve currency. Nearly 90% of all global transactions are done in the U.S. dollar, including many economies borrowing in the U.S. dollar currency. Therefore, the Federal Reserve wields immense power over the currency, also known as the greenback. For forex traders, the actions from the Federal reserve…
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Friday, 04 December 2020 11:43
Five things to know about the European Central Bank
Written by AllFXBrokers Support
Five things to know about the European Central Bank The European Central bank, or the ECB is the main central bank for the 19 European Union countries which have adopted the euro as their official currency. Unlike many other central banks, the EU sets its monetary policy that concerns the 19 EU countries. Therefore, in some ways, the ECB acts differently compared to other big central banks in the G7. The actions taken by the ECB directly impact the exchange rate of the euro. The ECB came into existence in 1998, June 1st. This was after a decision was taken…
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Friday, 04 December 2020 11:41
Five things to know about the Bank of England
Written by AllFXBrokers Support
Five things to know about the Bank of England The Bank of England is the central bank of the United Kingdom. Its main purpose is to set monetary policy that determines the economic growth and price stability in the region. The actions from the Bank of England directly impact its currency, the British pound sterling, also known as the GBP. The Bank of England, or the BoE is headquartered in the central financial district of London. The central bank was established in 1694 incorporated by the act of Parliament. It was set up for the initial purpose of raising money…
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Friday, 04 December 2020 11:35
Three indicators that work best with Bollinger bands
Written by AllFXBrokers Support
Three indicators that work best with Bollinger bands Bollinger bands, as you might know is an indicator used in technical analysis. The Bollinger bands are very good in depicting both trend as well as volatility. Traders often use Bollinger bands either as a trend following or purely as a volatility indicator. Depending on which of these methods you choose, the trading set up and rules differ quite a bit. Some prefer to use the Bollinger bands as a way to enter the trend. Others prefer to merely trade the breakouts or range trading. Regardless of what methods you follow, the…
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Forex Blog - Articles
The basics of the orderbook An orderbook is a term that you might have come across frequently in the trading circles. Whether you are trading forex, stocks or futures chances are that your broker all your friends would have mentioned about the orderbook. No matter what kind of a trader you are, it is important that you understand the concept of orderbook and the crucial role it plays in trading. Generally speaking, an orderbook is applicable only for an exchange. However, you can find an order book even for the forex markets. As you might know, the foreign exchange markets…
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Friday, 04 December 2020 11:31
How to use oscillators to time your trade entries and exits
Written by AllFXBrokers Support
How to use oscillators to time your trade entries and exits Oscillators in trading, belong to a group of technical indicators that are usually displayed in the sub window of your trading charts. If you have been trading for a period of time, you might have come across some of these oscillators. Some of the most used trading oscillators include the MACD, also known as the moving average convergence divergence indicator, the stochastics oscillator, the relative strength index indicator, and so on. Although many traders treat oscillators as the same way as any other regular indicator on the price chart…
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Friday, 04 December 2020 11:27
Introduction to volume profile analysis
Written by AllFXBrokers Support
Introduction to volume profile analysis Forex traders in general are accustomed to trading with indicators or making use of horizontal support and resistance levels. Depending on one's experience in the markets, there are many different ways to analyze the forex markets using technical analysis. While most of these methods of trading analysis involves the use of the conventional methods come up using volume profile analysis is a rather unique way to understand what the market is doing. Volume profile analysis is merely the study of volume through the Y-axis on the price chart. Generally, one would see that the volume…
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Friday, 04 December 2020 11:24
How to read and understand a trading signal's statistics
Written by AllFXBrokers Support
How to read and understand a trading signal's statistics As traders, at some point the idea of using a trading signals service might have cropped up among a few. The fact that copy trading or social trading has quickly caught up in the trading community only goes to show its popularity. But beyond the glossy returns, the truth is that not many trading signals work as they are advertised. Within a few months of subscribing to a trading signal that seemed very attractive, traders often end up with losses despite using a trading signals service. One of the reasons is…
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Sunday, 18 October 2020 16:04
Five things to know about the European Central Bank
Written by AllFXBrokers Support
Five things to know about the European Central Bank The European Central bank, or the ECB is the main central bank for the 19 European Union countries which have adopted the euro as their official currency. Unlike many other central banks, the EU sets its monetary policy that concerns the 19 EU countries. Therefore, in some ways, the ECB acts differently compared to other big central banks in the G7. The actions taken by the ECB directly impact the exchange rate of the euro. The ECB came into existence in 1998, June 1st. This was after a decision was taken…
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Forex Blog - Articles
Sunday, 18 October 2020 16:00
Five things to know about the Bank of England
Written by AllFXBrokers Support
Five things to know about the Bank of England The Bank of England is the central bank of the United Kingdom. Its main purpose is to set monetary policy that determines the economic growth and price stability in the region. The actions from the Bank of England directly impact its currency, the British pound sterling, also known as the GBP. The Bank of England, or the BoE is headquartered in the central financial district of London. The central bank was established in 1694 incorporated by the act of Parliament. It was set up for the initial purpose of raising money…
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Forex Blog - Articles
Sunday, 20 September 2020 15:15
What is the meaning of a blow off top in the markets?
Written by AllFXBrokers Support
What is the meaning of a blow off top in the markets? A blow off top is a reference in the financial markets. A blow off top is typically associated with a chart pattern which shows a sharp and a rapid increase in a security's price as well as trading volumes. A blow off top is usually driven by speculation or it can also be driven by actual fundamentals. A blow off top can occur in any market, and chances are that you have seen one of these below. However, they are more commonly occurring in the stocks or equity…
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Forex Blog - Articles
Forex Blog Articles
- Beginner's guide to understanding the VIX
- Forex trading tips - Things to know to be a successful forex trader
- 5 Tips to stay focused while Forex Trading
- Three indicators that work best with Bollinger bands
- 7 Important things about your trading platform
- What is algorithmic trading and how does it work?
- What is the meaning of Contango and Backwardation in Futures Markets?
- All you need to know about the U.S. dollar Index
- Forex Copy Trading – What is it and how does it work?
- Why fx traders always search to find forex brokers?
