Category: Forex Trading

Many misconceptions about the binary options are present in the market, therefore, we think that it is very important that the traders must understand the usage of them in an effective way. Binary Option Is Like Gambling  It is just a yes or no trade. The yes means that you would agree to be with… Continue reading Myths About Binary Options

Price shading is often used by the brokers at a time when they think of the price of a currency is on a rising trend. Here in the case, the broker chooses to add pip or two to the currency quote. This helps the broker to take advantage of the customers. To practice the concept… Continue reading Want To Know More About Price Shading?

Forex analysis used by the retail forex day traders to determine to sell or buy decisions on currency pairs. Being technical nature and using resources like charting tools can be fundamental in nature. Many types of analysis are mentioned below: Fundamental Analysis  This type can usually be used to analyze changes in forex by keeping… Continue reading What Are The Different Types of Analysis in Forex Trading

There isn’t a single proposed formula for success in the trading business. Surfing on the oceans of the market, one needs talent, patience and a balance of the surroundings. A good blend of analysis with implementation can help traders improve their success rate dramatically. Good trading comes up with a combined talent and hard work.… Continue reading Top Things That Traders Do in Forex Market

Percentage In Point or a pip is the smallest price move that an exchange rate can make on the basis of the market conventions. As most of the currency pairs are priced up to the four decimal places, this is equal to 0.01 of 1 percent. For example, even a slight move in the USD/CAD… Continue reading Get to know everything about PIP

Descending Triangles are easily spotted out in the downtrends of the stocks as continuation chart patterns. Whereas the ascending ones seem to be flat at the top and show an upward slope in the bottom, the triangle turns out to be flat at the bottom with a hypotenuse slope down the triangle. Steps to identify… Continue reading Learn to Trade like a pro with Descending triangle patterns?

Forex trading can make you rich if you have deep roots in a hedge fund or you are a skilled currency trader. But for the average trader, it isn’t an easy road but a cocky highway with huge losses and penury. In a report, it was stated that around 68% of the investors had a… Continue reading How can you get rich by Trading in Forex Market ?

A forex trading simulator is a software that allows the trader to test his strategy offline with the help of historic data from the markets. This software has helped many of them to eliminate any kind of losing strategy. Even if you are working offline, you can open or close your orders the same way… Continue reading Best Forex Trading Simulator

In the forex market, traders usually buy or sell currencies based on the value of the currency which will either depreciate or not. The Forex market is full of high risk and more than $5 Trillion is traded every day. The brokers make money on fees and commissions. In order to find the right broker,… Continue reading How Forex Brokers Make Money In Trading?