History shows that weekend price gaps usually get filled quickly in the Forex market. This can be the basis for an easy and profitable trading strategy, suitable for Forex beginners. Here, the data and trading plan for a Forex gap trading system are revealed.
There are two primary ways to become a more successful Forex trader - to practice, and to learn about the industry. At DailyForex, our goal is to simplify your trading so that you can trade easily and smartly. To this end, we offer you a collection practical articles written by our Forex experts to help maximize your trading success.
You can also browse our articles by category to find information and trading strategies that can help you improve your profitability and enhance your trading experience.
Most Recent
Who are the best Forex traders? What do they do that makes them so successful? What steps can you take to be like them? Read on to find out more.
The question of how long it takes to learn Forex trading is a very open one, it really comes down to individual circumstance. After all, there are a great many different variables that go into the answer to this question. However, there are certain ways to approach the subject that can help an individual get past the learning curve much quicker. Unfortunately, some people never truly learn how to trade and another thing that you need to keep in mind is that you never actually stop learning. Markets are very dynamic, so obviously there is no “one-size-fits-all” type of solution.
MetaTrader4 (MT4) is the most popular retail trading platform available when it comes to Forex trading and is offered by most brokers with very few exceptions. These are two good reasons why you should learn to use it if you want to become a profitable Forex trader. This tutorial will get you started on your trading journey.
With so much chaos in the markets recently, as well as a great deal of polarisation in the media as to what’s actually going on, it may be a good time to revisit some of the market crashes of the past.
Gil reveals his journey from Forex wannabe to accomplished trader, and what he learned along the way that can help you navigate the same path.
Forex trading in Nepal has become easier to get involved in over recent years, which have mostly seen strong economic growth and the increasing availability of fast internet.
Getting your timing right is an important part of trading Forex profitably. In this article, I show with supporting data which have been the most profitable times to trade depending upon whether you are: A day trader or longer-term swing / position trader, or using a trading strategy which relies upon trend / momentum or ranging price behavior.
What is the best strategy for trading forex? What is the easiest forex pair to trade? Choose the trading strategy that best works for your needs – read more
Bonuses & Promotions
You’ve probably heard that the vast majority of retail Forex traders lose money. In this article, I examine the statistics reported by Forex brokers on client profitability under ESMA regulations, as well as the results of research on the subject, to answer the question as to which traders lose or make money over long-term Forex trading, and why. If you believe you can put the odds in your favor, check out our list of top Forex brokers and consider opening an account.
As the main driver of the Forex market, what is the USD going to do as chaos caused by the coronavirus pandemic assaults the global economy?
This Forex article explains how to minimize risks when volatility in the Forex market is high.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Is the 2020 stock market crash over? The strong sell-off in stock markets triggered by the coronavirus pandemic is unlikely to end soon, regardless of relief rallies.
Is Forex trading tax-free in the UK? Spread betting profits are generally not taxable in the UK. Profits from trading CFDs however, are taxable. Read More
Will the forex market ever crash? Is Forex affected by recession? There is a way to trade forex during a world crisis, you just have to change your thinking.