Forex Articles

There are times in an asset’s cycle when studying the price against other assets can be very instructive. So what does gold and silver tell us? Read to find out.

There are many good books about Forex trading, but I narrow down my list to the three best Forex trading books which helped me the most in my journey to profitable trading, and which can help you too.

A thorough Forex trading guide for beginner traders, explaining how to trade Forex, trading steps, examples & relevant info to help you start trading Forex.

When it comes to trading, understanding Forex chart patterns can be the difference between being a gambler and putting the odds in one’s favor. Developing the skill to recognize the major patterns in real time can give you a trading edge or improve your profitability as an extra tool in your trading toolbox.

As the sun sets on 2020 we’re looking back on the past year, and contemplating what could be in store for the financial markets in 2021.

Bitcoin and other cryptocurrencies are back in the spotlight as we approach the end of 2020. In what has been a challenging year overall, the narrative of Bitcoin as "digital gold" has gained considerable ground, driving institutional adoption and price appreciation. Institutional investors aside, buying Bitcoin is getting easier for a retail investor.

Getting a good understanding of Biden's agenda will help you create smarter trading strategies both before he takes office and once Biden begins his presidency.

A demo account assists traders in trading in a no-risk environment, while a forex real trading account is for traders who can calculate their trading risks

Monetary policies tend to affect the Forex market. A hawkish stance often results in the appreciation of a currency, while a dovish has the opposite effect. This article will clarify these concepts, and also explain better the role of central banks in the Forex market.

Are you a trader looking to minimize losses and gain reliable returns? If so, it can be a good idea to communicate with other traders around the world and also follow top analysts using social media platforms such as Forex Facebook groups, Telegram channels, or forums.

Since the cryptocurrency boom of the late 2010s, many traditional Forex / CFD brokers have begun to offer trading in the most major liquid cryptocurrencies such as Bitcoin, Ethereum, Tether and Ripple. This has made trading in cryptocurrencies considerably easier. You may choose to trade traditional Forex currency pairs or cryptocurrencies after opening an account with many major brokers – or both! eToro is one of the brokers that provides the ability to trade Forex as well as 90+ cryptocurrencies. It is important to know what you are getting into when you make that choice. With this article, we will try to help you navigate the pros and cons of each asset class.

Trading fees have a significant impact on the outcome of any trading strategy. Many new traders ignore the details, accept what the broker offers, as long as the broker is popular, especially on social media. eToro is a prime example of this, and has an outstanding marketing team, ensuring a steady flow of new traders, attracted by the idea of copying others. It sounds like an excellent idea on paper, especially for those seeking to manage a portfolio with a few clicks and short on time to evaluate the offered services properly. Besides the failure rate of above 75%, the cost structure at eToro remains elevated as compared to most competitors. The higher trading fees, most dominantly visible in spreads, the difference between the bid and ask price, allow eToro to market their services with no additional costs.

As you may know, investing is a risky but profitable game. You can become wealthy if it is done correctly, but you can also experience significant losses. In that framework, the Elder Triple Screen Trading System is one of the most interesting technical strategies to complete winning positions.

If you trade Forex or if you are considering taking the opportunity to do so, the main Forex industry stats for 2020 should be an important part of your decision-making process. Daily Forex has created a detailed report to help traders prioritize their strategies and outperform their goals. This report includes data from over 3,100 traders across the globe as well as insights and predictions from our leading traders and partners. Take a look inside.

Most new traders fail, so its important not to be overly confident when you start if you want to succeed. What does this mean for you?