History of the Forex Market Traders love the forex or foreign exchange market for its great range of opportunities. Forex trading calls for sound previous knowledge and experience, though, as it is principally subject to a commensurate risk. But before going into the details of how forex trading works and its peculiarities, a short review …
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Exotic currency pairs represent developing countries as well as several developed European countries and are traded less frequently. The group of exotic currencies was formed by the means of the International Monetary Fund. Exotic currency pairs are usually highly volatile and are lacking liquidity. Note that this results in a higher cost of trading and …
XAU/USD is the symbol of the Gold spot/U.S. Dollar CFD, which could be traded with most Forex and CFD broker. For many traders the Gold futures contract ist too expensive, so it is good alternative to trade XAU/USD CFD. The current price of XAU/USD you can see here. XAUUSD Quotes by TradingView XAU/USD Forecast and …
In this we will show you how to use Fibonacci retracements in trading.
In this article you will read more about the simple moving average (sma). Wikipedia about the simple moving averages
We use TradingView for all hour charting and technical analysis. AAPL Chart by TradingView
To manage risk more effectively, it is important to know the pip value of each position in the currency of your trading account. Pip Calculator from FxPro
A swap/rollover fee is charged when you keep a position open overnight. A forex swap is the interest rate differential between the two currencies of the pair you are trading, and it is calculated according to whether your position is long or short. Rollover rate and swaps Swap Calculator from FxPro What is Forex rollover …
In foreign exchange trading, we focus primarily on the so called Forex Major Pairs, which are also the most traded Forex pairs. Major currency pairs are always traded against the US Dollar, which means that Forex Major Pairs all contain the US Dollar on one side – either on the base side or quote side. …