Below you will find 10 questions if you can answer them all correctly you have had good forex education and could join the elite 5% of traders who make big profits – get any of them wrong and you need to continue your forex education! So let’s look at the questions below. 1. Forex [...]
Forex Tips
Today’s modern world offers a lot of convenience for people. There have been great changes which brought about many inventions and critical lifestyle changes for most people around the globe. Life was quite simpler before, many people engaged in trading were able to trade goods and/or services within a specific location. After a while, when [...]
What moves currency prices? – Sounds an easy enough question but most currency traders have no idea and that’s why 95% lose. Let’s look at the equation for market movement and see how and why prices really move. A simple equation for currency market movement is: Supply and Demand Fundamentals + Investor Perception [...]
Simply put, the Forex is the foreign exchange market. It’s where travelers, banks, and companies that do business internationally change money, in effect buying one currency and selling another. Profits are made from the difference in value between the two currencies (the exchange rate). Because currencies are no longer tied to the gold standard, exchange [...]
One of the most important points in your forex education should be that if you try and predict forex prices you are 100% guaranteed to lose. The reason is obvious yet more novice traders make this mistake than any other – yet you don’t have to predict to win let me explain why … [...]
Using forex charts and technical analysis is a great way to enjoy currency trading success – the problem is most traders fall victim to common myths and join the 95% of losing traders. Here we will look at the forex chart myths to avoid. 1. Do Not Try and Predict! Probably the most [...]
You will read a lot of information on the net telling you successful forex trading is easy yet the facts are that 95% pf traders lose all their money. Now another fact is that anyone can learn to trade – so what are 95% of traders doing wrong? The answer is they are simply [...]
Do you know how and why forex prices really move? Most traders don’t and they lose. Here we are going to give you a simple equation that will give you a deeper understanding of how and why forex prices move, which could lead you to forex trading success. Here is the equation: Fundamentals [...]
Human nature is constant and humans determine the price in any market, therefore if you know the law of human nature you have a scientific theory you can apply, to predict prices and make big profits. Let’s look at some forex trading systems based on scientific movement. There are numerous theories that are said [...]
Forex trading is often a very lonely profession which is why so many traders like visiting forex forums and chatting with other like-minded traders. However, what a lot of people don’t realise is that forex forums can actually be responsible for making a dent in your bankroll. Why? Well there are a few [...]