Floor Trader’s Method
As shown in this chart, price action traders will often highlight support and resistance zones on the chart where the market has responded to in the past. They will watch for candlestick patterns such as inside bars, pin bars, and more complicated price patterns such as head and shoulders and double/triple bottoms. Swing trading – Type of forex trading strategy when positions could be held for several days. The widely used timeframe for swing trading is 4 Hours or even Daily. Swing traders can […]
What Is Swap In Forex Trading?
I have already explained why swaps can be positive and negative. If the interest rates of the central banks of currencies differ greatly, then the swap sign will be different when buying and selling.
76% of retail investor accounts lose money when trading CFDs with this provider. For instance, the Swiss franc has a negative spread with almost every currency, which suggests that a trader who goes long on the ‘swissy’ can expect negative swap rates.
Forex swaps are often confused with currency sw […]
Top 10 Forex Strategies For Profitable Trading In 2021
Often, a strong NFP report initially favors the USD before taking an opposing course for the remainder of the session. Accordingly, the V-Shaped Reversal strategy can produce beneficial risk vs reward tradeoffs. Your best forex strategy will align your resources and goals without conflict. After its selection, your primary job will be to apply the methodology on a daily basis. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitab […]
Top 8 Forex Trading Strategies And Their Pros And Cons
The best forex trading strategy for those that are just starting out in the world of currency speculation, is to ensure you have a firm grasp of the basics. If you don’t, you are certain to walk away from your forex endeavors at a financial loss. If you’re thinking about buying and selling currencies online – you’ll need to have a few forex trading strategies under your belt. Not only will this ensure that you protect your bankroll – but you’ll have a much better chance […]
What Does A Forex Spread Tell Traders?
The selection of a potential broker is the key to success in the forex trading. How a broker price the spread is one of the important characteristics in selection. Spread for a trader is a cost of doing business and this cost significantly increase when the volume of trading transactions increases. However, to overcome this problem, there is the forex spread indicator . Thanks to our spread indicator, you will be able to measure the real cost of spread and also create an analysis of spread fluc […]