The forex exchange market has unique features which set it apart from stock, equities and futures markets. The currency market is established in the year of 1970. The market revolves around the trading of currencies, in which, investors sell and buy them and secure their profit. Many think that the forex trading is a quite … Continue reading How is Forex Exchange Market Different from Other Financial Markets?
Investors use stop loss strategies to protect their money from losing. Stop loss orders are like insurance so that in case trade goes against you, stop loss closes out your trading position. It is an effective and essential tool for executing trades successfully. So, it is important to know how to make the most of … Continue reading Ways to Set Stop Loss Successfully
With the growing number of forex traders, various offline and online forex trading software are also getting popular. Trading software provides accurate and latest information about forex market and helps in taking quick and right decisions. Online forex trading software is a web-based application and provides all data of market trends. Desktop version is installed … Continue reading How Forex Trading Software Benefits Forex Traders?
Investing money in the foreign exchange market can provide you a long term financial security. However, it is not an easy task as the market is volatile. So, if you want to increase the chances of success in forex trading, you need to create a good trading strategy. There are many factors that affect the … Continue reading What are the Effective Forex Trading Strategies?
Becoming a consistent performer is the most challenging task, especially when it comes to trading in the forex market. It needs a great experience and knowledge to succeed in the market. The currency market is a volatile so it is necessary to create a great trading strategy to earn good profit. Experts say that many … Continue reading How to Perform Efficiently in Forex Trading?
A forex robot is a part of automated forex trading software which assists you in taking trading decisions. This software application is specifically designed to take forex trading decisions, like whether to buy or sell currency pairs. The popular robots are those which are built around the Metatrader platform. These robots run on Metatrader and … Continue reading What is Forex Trading Robot and How It Works?
Understanding how and which economic factors affect forex exchange rates is extremely important for doing successful forex trading. Exchange rates are the backbone of any currency transaction. The currency rates are not stable, they always change due to socio-economic and political factors. In this write-up, we will discuss important economic factors that directly affect a … Continue reading Which Economic Factors Influence Forex Exchange Rates?
Forex traders use stop loss to protect them from unnecessary financial risks and ensure to earn good profit on successful trades. Stop loss is used to close an open position in forex exchange market. However, for proper use of stop loss, it is necessary to execute it properly while trading. You can apply the following … Continue reading How to Use Stop Loss Effectively?
When it comes to dealing with currency market, you often hear about the terms like liquidity and volatility in currency value. Forex exchange market is the most liquid and volatile financial market in the world. Every forex investor often hear about these factors but most of them may not know what exactly they mean and … Continue reading Understanding the Concept of Forex Liquidity and Volatility
Supply and demand have a great impact on the value of currencies. The economic condition, government policy, political stability and natural calamity determine the demand and supply of particular countries’ currency which cause the rise and fall in the currency rates. Investors, central banks, import and export companies, people who travel through different countries and … Continue reading How Supply And Demand Influence The Exchange Rates?