Forex options are an increasingly popular tool among traders looking to diversify their strategies and manage risk in the foreign exchange market. While trading forex in the spot market is common, understanding forex options opens up new possibilities for traders, particularly beginners. This article will walk you through the basics of forex options and outline […]

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After a steep rise in interest rates around the world, it’s natural to question at what point central banks will stop. This is where bankers start using a technical term: “neutral level”. The thing is, what exactly constitutes a “neutral level” is a little more complicated and somewhat deliberately vague. And that can be a […]

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Understanding price relationships between various currency pairs allows you to get a more in-depth look at how to develop high-probability Forex trading strategies. Awareness of currency correlation can help to reduce risk, improve hedging, and diversify trading instruments. In this article, we will introduce you to Forex trading using intermarket correlations. Meaning of currency pairs […]

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When trading the financial markets, one always faces the dilemma of whether to enter a trade or pass on it. Some forex traders use their “gut feeling” to make this important decision. This instinct or intuition that some feel they have is more-often-than-not based on two principle emotions: greed and fear. Greediness will push traders […]

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To say the US dollar is important is an understatement. According to the 2019 Triennial Survey of turnover in OTC FX markets, the US dollar retained its dominant currency status, on one side of 88% of all trades. Additionally, more than 60% of foreign exchange reserves are denominated in dollars, according to the International Monetary […]

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Income and the price of products are vastly different to what they are today. Mars Bars in the UK cost 29p in 2000, though cost 60p today. The median annual earnings for full-time employees in the UK was approximately £30,000 in 2019, while in 2000 employees took around £19,000. This is largely due to inflation. […]

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Cryptocurrency refers to any digital currency that involves cryptographic technologies. Today, cryptocurrency is one of the fastest growing classes of trading assets, which represents great possibilities for making the profit. Cryptocurrency is characterized by gradual growth and drop in rate, as well as abrupt changes. Like any other asset, the cryptocurrency rate is driven by […]

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One of the most important aspects of Forex trading is choosing the right entry point, the most successful moments in which it is profitable to open a deal. There are several methods for determining entry points: chart patterns, Japanese candlestick patterns, technical indicators, etc. Let’s look at how to determine Forex entry points accurately. Trend […]

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Friday is the end of the working week for traders as well. Ahead is the weekend and rest, after which again Monday comes, and the new working week herewith. Many traders are concerned about the question “What to expect from the new Monday?” What happens over the weekend? Should I leave trades open on Friday […]

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According to the Bank for International Settlement Triennial Central Bank Survey (BIS), the Foreign Exchange market (or FX or forex market) is the largest and most liquid in the world with a global turnover measuring $5.1 trillion per day in 2016. As disclosed in the table below (courtesy of BIS), foreign exchange swap transactions cleared […]

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To know how to properly analyze the market is equal to making money on it. The whole essence of work in the financial markets is the ability to predict the price movement. Therefore, leading analysts of the world come up with all the new ways and patterns by which the price moves. But still, at […]

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The first major economic bubble is related to the very idea of public trading. The moment East India Company started selling stock, it had dozens of copycats. Most of them ended up disappointing their investors, being unable to keep up with the first corporate world power. Other people made a smart choice and invested in […]

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Historically speaking, crude oil and the Canadian dollar have had a very strong relationship, most of the time, the two assets having a high degree of correlation. This can be explained by the fact that Canada holds the second biggest oil reserves in the world after Saudi Arabia. Moreover, a large amount of these oil […]

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Forex traders hear a lot about Risk; whether the markets are tolerant, averse, or neutral. It is a headline that is bandied about on a regular basis. Quantifying the value of risk, and its forex impact, may be so much harder to do in the trading arena, than reporting each day on whether the herd […]

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Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs would seem an easy task […]

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The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract which means that if you have a futures trading account you could trade this instrument like corn, oil, gold or currency futures contracts. However rather than trading the USDX most retail […]

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To say recent history has been an emotional roller-coaster for Bitcoin would be an understatement! The market opened 2017 at a price of $966.0 and wrapped up the year at $18,960, carving out a whopping 1861.51% gain. 2018, however, has not been so kind. Deteriorating from its 2017 peak just south of the $20,000 mark […]

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Bulls and bears are the main participants in the forex market. They differ in market behavior. These terms appeared on the stock exchanges but quickly came into common use in most financial markets, including Forex. On Forex, both categories of traders expect a rise or fall in the exchange rate, buying or selling the base […]

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Forex Financial Currency Exchange is the largest and most far-reaching market in the world, which gives many traders a chance to start a successful business and make money with the currency trading. Currency trading, like any other activity, is surrounded by numerous misconceptions and myths. They can affect every trader, no matter how long he […]

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One of the most common complaints about Forex is the high barrier of entry. With a value of a standard lot being 10 000 USD, a lot of traders prefer to skip the market entirely. However, there is no legal minimum for day-trading Forex — unlike with stocks and most other commodities. In fact, you […]

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