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Forex Trading: The Perfect Forex Trading System

Trading in the Forex market has gained popularity in recent years. But how difficult is it to succeed in the Forex market? Or let me ask the question differently, how many traders are making persistent profits in the Forex market? Unfortunately, very few of them, only 5% of traders reach their goals. One of the main reasons for this finding is that forex traders focus on misinformation while making trade decisions, forgetting the most important factor: price behavior . Most forex trading systems are created using technical indicators (intersection of muffin lines, oversold positions, sales on oscillators, etc.), but what are the technical indicators? The technical indicators are just a series of data points drawn on the graph, these points are calculated according to the mathematical equations applied to the price of any currency pair. In other words, the price action is drawn in a different way to allow us to see other aspects of the price . There is an important conclusion

The power of convergence in the Forex market

What does the concept of convergence or association mean and why is it so important in the Forex market? In this article, I will explain what it means to meet, why it is so important and explain how to integrate it into your current trading strategy to help you put the odds on your side. What is convergence ? Before going into the details of how convergence will improve your trading, we must first understand what this concept means. The dictionary gives us the following definition . Encounter: A situation in which two things are combined or occur at the same time . Thus, the encounter essentially represents the coupling of two or more things at the same time. In Forex trading, we can say that a meeting occurs when two or more workers are combined at the same time on the chart . Some examples of these things can take the form of a main support level or resistance, muffin lines, a sell or buy signal based on price changes or even just a strong trend. . All of thes

Your Guide to Learn Forex Trading System

In the United States, a large number of people want to invest for sustainable profits. There are many ways to invest and benefit from trade. The Forex trading system is one of these increasingly popular methods. If you are unsure of the nature of this field, let me explain it, Forex refers to currency trading. The Forex trading system is defined as the simultaneous selling or trading of a country's currency against the currency of another country. If you need more information, let me guide you in learning the Forex trading system . The Forex trading system includes trading of some of the major international currencies such as: Dollar, Yen, Pound Sterling, Swiss Franc and Euro. The way in which exchange rates are exchanged for these currencies changes according to economic growth. For example, the US dollar can sometimes be worth more pounds because the United States was in a period of economic growth while the British economy was in free fall. This can be attributed to the de

What is Forex Spread?

Some newcomers wonder what the term "Forex spread" means. Although this term may seem complex to the average person, it is actually very simple. However, despite its simplicity, it is an important element of Forex trading because profits and losses depend on the spread applied to currency pairs. The definition Forex Spread is the difference between the buying price of a currency pair in the market (the question) and the selling price of the pair in the market (bid). For this reason, it is generally called bidding. The price of the question is generally higher than the offer price, resulting in a slight loss for the merchant once the transaction is open, the size of which is determined by the difference imposed by the broker. For this reason, it is important to understand all aspects of Forex trading by looking for brokerage companies offering the lowest possible spread rates . Examples of spread calculation EUR / USD SPRED with 4 decimals in quotation: Question

Choose Forex Strategy

Technical analysis and fundamental analysis are the main areas of research for trading strategies on the forex and the stock market. However, technical analysis is by far the most common strategy among individual Forex traders. We will present here a brief overview of the two types of analysis and explain how to apply them directly to Forex trading : Basic analysis If you think it's hard enough to evaluate a company's performance, you'll need to evaluate the forex market for a whole country rather than a company. Fundamental analysis on Forex markets is often very difficult and is generally used to predict long-term trends primarily. However, it should be noted that some traders use fundamental analysis in short-term trading when publishing important news . There are a lot of key indicators that affect the value of the currency and are issued at different times. We will mention below a simple example with which you can start . :   * Report on non-agric

Eight tips to improve your Forex experience

It is well known that the vast majority of forex traders are not able to make a profit. However, we believe that many people can significantly increase their chances of succeeding by following these simple tips. Start from a demo account If you are a new trader, do not risk losing your money by starting trading fast, because in most cases you will lose that money. So you have to start training through a pilot account and even spend a few months there or at least if you want to start faster, this training period should last at least several weeks. The longer this period is, the better. And if you know that I still have the curiosity to start trading Forex immediately! Take your time to choose the broker Choosing a forex broker is never a task that needs to be accelerated. Especially since there are a large number of currency brokers and each of them has its strengths and weaknesses. And then you can play the role of the person who is difficult to satisfy. Spread