Posts from category Trading Tools

  • Some Forex Candlestick Patterns Explained

    Forex (fx) traders use candlestick patterns to identify movement and trading opportunities within the market. These charts effectively quantify reactions to financial news and subsequently, how forex participants are feeling about currencies. A few of the most extensively used candlestick patterns are outlined below. Shooting Star A Shooting Star pattern occurs typically off the back […]

    Continue to post...
  • Viewing FX as A Business

    This article looks at viewing and trading on the FX market as a business person. All new traders aim for two things when entering the foreign exchange market – to earn money, and to earn this money on a full-time basis.  The idea of being your own boss and setting your own work schedule is […]

    Continue to post...
  • The Reasons Behind Using An FX Converter

    This article looks at the different aspects of an FX converter and how to trade the forex market. If you are a new trader to the forex live market, then you need to gain as much information about the market as possible.  You need to be aware of the different strategies available and the different […]

    Continue to post...
  • Knowing When to Cut Your FX Rates Losses

    This article looks at when you should be cutting your FX rates losses. When you trade on the FX rates market you need to know about when you should cut your losses.  If you do not know how and when you should cut your losses you will only add to the losses.  There are a […]

    Continue to post...
  • Use A FX Converter For Your Trades

    This article covers the information offered by FX converter websites and the advantages of the facilities you are offered. You can obtain specific information by making use of a FX converter.  It not only gives you the amount it would cost you to purchase a currency, you are also provided with historical information related to […]

    Continue to post...
  • Choosing Your FX Rates Trading Style

    This article looks at the different FX rates trading styles. The majority of people are introduced to the forex market via investments.  However, the purpose of investments is to hold a position over a period of time and see a profit build from that; whereas the foreign exchange market is far more varied. Firstly, trading […]

    Continue to post...
  • Recognise Currency Trading Scams

    This article looks at the various types of currency trading scams. The level of funds constantly being traded in the currency trading market attracts fraudsters and scammers.  This is a mostly unregulated, decentralised market which makes scammers believe that it is an easy way to make money from their fraudulent activities.  The regulatory bodies that […]

    Continue to post...
  • Reasons to Not Diversify Your FX Trading

    This article looks at the reasons why you should not be diversifying your FX trading. There are a lot of traders who feel that once you have experience on the market you should diversify your FX trading.  This is something that often works on other financial markets, but there are a number of reasons why […]

    Continue to post...
  • Using Forex Trading Systems

    This article looks at forex trading systems and how you should use them to your advantage. Many individuals would love to enter the forex trading market, but simply do not have the time to learn all about it or to practice their trading skills.  This pushes them to consider obtaining forex trading systems to undertake […]

    Continue to post...
  • Forex Training That Helps You Avoid Trading Errors

    This article looks at how forex training helps you with certain errors you could make on the market. Before you look at anything related to forex trading you should go through forex training.  There are a number of trading errors that forex training can help you avoid if you are using the training correctly.  It […]

    Continue to post...
Free PDF and UNLOCK website features