Being the first to know what is about to happen is surely beneficial in forex trading, but is it really mandatory in order to reap good profit? If traders do not necessarily need to be the first to know, then is it really worth knowing anyway?
Have you heard about the "buy the rumor, sell the news” strategy? Is it capable of making us identifying good trading opportunities with high rates of profit?
In Forex trading, the technical analysis is used to know the key levels, while the market fluctuator is determined by fundamental aspects.
Learn the basic of fundamental analysis, how to be one step ahead against other traders and how to piece up all the seemingly jumbled up economic information for your advantage.
How important is fundamental analysis, you wonder? These three men turned in massive profit by relying on fundamental analysis, here's their story.
This futures contract has become more frequently mentioned lately along with increasing uncertainties around Fed rate hike, and it is quite important for forex traders to know.
Some assets are perceived as 'safer' than most during market turmoil, and because of that, panicked investor will seek them in order to reduce risks. However, it is folly if one is to believe it.
When you are reading latest financial news in Bloomberg, Reuters, or others, you may see the word Dollar Index. What is it, and why is it being quoted so often?
Pound was the world's leading currency before US Dollar became the most used currency in global trade transactions. Here's some things to take note if you trade this currency.
In the globalized world, the wealth of a nation is not only determined by business activities inside the country, but also abroad. Thus, the better it is the country's competitiveness, the better its economic performances will be; its currency's exchange rate will be more stable as well.