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
Saturday, 19 January 2019 19:59
5 (Five) annoying things Forex Brokers do
Written by AllFXBrokers Support
5 (Five) annoying things Forex Brokers do Forex brokers have become the main pillar when it comes to retail forex trading. Whether we like it or not, forex brokers are the middlemen that connect retail traders to the interbank markets. While forex brokers were mainly concentrated in the area of market makers, as volumes began to grow, a new breed of forex brokers known as straight through processing (STP) and Electronic Communications Network (ECN) brokers began to appear as well. Still, no matter what, there are brokers who do some things that can be quite annoying for us traders. Let's…
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Do Forex signals really work? Forex signals are probably one of the most sought after service by forex traders. For the most part, it is the beginner traders or those who do not have enough knowledge of the forex markets who look to using a forex signals service. These days, one can subscribe to a forex signals service for as little as $5 a day for a currency pair. A quick search on the Internet will reveal quite a few forex signals services, each one promising to make you hundreds of pips a day or a week. Most often, it…
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Saturday, 19 January 2019 19:54
Expos and why Forex Brokers pay for their booths
Written by AllFXBrokers Support
Expos and why Forex Brokers pay for their booths Forex trading expositions or expos for short are nothing but tradeshow fairs for the forex industry. There are quite a few expos that are held throughout the year. Some focus on the B2B side of the markets, connecting forex brokers, liquidity providers and other technology services. Then, there are B2C expos that focus on connecting forex brokers with potential traders. In most cases, the B2C expos are often more profitable for the forex brokers. This is because, when done right, forex brokers can look at acquiring new traders within the duration…
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Saturday, 19 January 2019 19:53
Forex trading tips - Things to know to be a successful forex trader
Written by AllFXBrokers Support
Forex trading tips - Things to know to be a successful forex trader When it comes to trading forex, every beginner dreams of making it big. Indeed, the lure of trading the world of currencies and the potential rewards the markets can give often blinds potential traders from the glaring potholes that are filled in the journey. Somewhere down the line, traders end up realizing that trading forex is not that easy as it seems. This is where traders start looking for short cuts that could help put them back on the right direction of success. And so, the search…
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Forex Blog - Articles
What is forex trading? For many people, including financial traders (stocks, bonds and other types of markets) the question of what is forex trading often comes up. Foreign exchange or forex trading deals with exchanging one currency pair for another at the prevailing price that is set by the markets. The forex or currency markets are one of the largest in the world, estimated to have nearly $5 trillion in daily turnover on average. Despite the fact that the forex markets clearly overshadow the stock markets, they are largely unregulated as most of the dealing is done over the counter…
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Forex Blog - Articles
Things Successful Forex Traders Do In just about any career, or profession, there are a few super achievers who make things look very simple. Regardless of whether it is sports or medicine or even finance, there are some who absolutely hit the ball out of the park when it comes to excelling in their professions. The forex industry is also no newcomer as there are many professional traders who make it big in the industry and have earned a reputation for themselves as being a professional and a super trader. The question of whether successful forex traders are born or…
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How to trade forex successfully? Learning how to trade forex successfully, contrary to what you might think is not a straight forward method which once you follow will make you a success in the forex markets. You will not find success in forex from reading just a few books or watching webinars, but in fact every day you trade or practice to trade is a process of learning that puts you one step closer towards achieving success in trading forex. Think about the time when you were in school. Not every kid in your class got the same grades, despite…
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How to trade Forex in the US If you reside in the US, you have probably had trouble finding a Forex broker to enable you trade in the Forex market, even though there are so many brokers around the world. This is because of stricter regulations in the US compared to other countries which prevent more brokers from operating there. Keep in mind that Forex trading is not restricted in the US, it’s just more heavily regulated. Why aren’t there many Forex brokers in the US? After the 2007 - 2008 financial crisis, financial regulators felt that it was important…
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Forex Blog - Articles
Saturday, 19 January 2019 19:43
Why do you need to set "Take Profit" (T/P) and "Stop Loss" (S/L) orders?
Written by JustForex
Why do you need to set "Take Profit" (T/P) and "Stop Loss" (S/L) orders? Traders often argue about the necessity of setting "Stop Loss" and "Take Profit" orders. Some say that there can not be proper trading without them, some state that working without these orders more profit can be produced. Many newbies are confused with these discussions and can not decide what they should do. By reading further down you can understand the reason these orders are useful and necessary. In fact, they are one of the most important elements of money management. They insure you from losing money…
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Saturday, 19 January 2019 19:41
Three Unique Chart Types to give you a different perspective of the Markets
Written by AllFXBrokers Support
Three Unique Chart Types to give you a different perspective of the Markets For many traders who base their trading decisions from the technical analysis or chart patterns, the candlestick charts are one of the most widely used chart types. Of course, there is also the bar chart and the line charts which are also used every now and then and let's not forget the Heikin Ashi candlestick charts often used in conjunction with trends. While the above four chart types are the most common, there are also some unconventional charts that are less popular but they give some unique…
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Are We Looking at a Global Economic Meltdown? Some very deep global reasons have been attributed to the recent decision of the Federal Reserve board not to raise the interest rates. This would have been the first interest rate in a whole period of 9 years should the decision has been positive. However, Janet Yellen, the Federal Reserve Chair stated that the decision to shelve raising the interest at this time is as a result of the slowing global economy which also includes China. This development has become a source of worry to the US and for others who have…
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The Best Time to Trade Forex "When is the BEST time to trade Forex?" A normal answer is "ANYTIME is a good time” but that answer almost always draws sighs from the crowd. We say "ANYTIME is a good time" primarily because the Forex Market is open 24 hours a day, 5 days a week from Monday to Friday. The lack of a physical exchange allows the Forex Market to conduct business on a 24 hour time frame across the chief financial centres. That's why the Forex Market is sometimes known as an "Over-The-Counter" Market. When you are supposed to…
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Forex Blog - Articles
Saturday, 19 January 2019 19:34
21 Signs you have what it takes to be a Forex Trader
Written by AllFXBrokers Support
21 Signs you have what it takes to be a Forex Trader While the debate about whether good traders are born by nature or nurtured continues, there are some traits that are exhibited which can lay the ground for you. If you have been considering to become a successful forex trader, here are 21 signs that you might be on the right track. 1. You have the patience of a sniper You are a patient person, and you wait for the right opportunity to strike in general. You are prepared but aren't impulsive enough to pull the trigger immediately. You…
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50 Fascinating facts about Forex Think you know all there is to know about forex and currencies? Think again! 1. China created the first paper money in the world, some 1400 years ago!2. Up to World War II, tea was used a form of currency in Asia, spanning countries such as China, Tibet, Mongolia and Central Asia3. The word dollar finds its origins in the world thaler from Eastern Europe. Silver coins were called as thalers and used widely in Europe between 16th and 19th century. The thaler transformed to the dollar.4. The British pound sterling is the world's oldest…
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Forex Blog - Articles
Saturday, 19 January 2019 19:30
Best Practices for Managing and Operating a Forex Account
Written by CentroFx
Best Practices for Managing and Operating a Forex Account Managing and operating a forex account is not as easy as it may sound. The failure to be attentive may result in heavy losses, a situation every trader wants to avoid. Below are some of the best practices for managing and operating a forex account that will guarantee you successful trading in the forex market? 1. Take the Time to Find a Reputable Broker As you are starting out, you will have a variety of forex brokers to deal with or choose from. Even though the forex market is regulated, it…
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Forex Blog - Articles
Forex Blog Articles
- Signs you have what it takes to be a Forex Trader
- 50 Fascinating facts about Forex
- Different ways you can trade the S&P500 index
- What is Forex Stop Hunting?
- Why most news traders fail?
- Five things to know about the European Central Bank
- 7 Important things about your trading platform
- How Does Quantitative Easing Affect Currency Value
- How to trade forex successfully?
- What happened on Black Thursday
