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.
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
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.
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
How & why to use the weekly time frame in your Forex trading, rules & actual historical performances of a few weekly time frame trading strategies
Forex auto traders are becoming more popular among traders. It is likely that FX auto traders will be one of the most common trading methods soon.
The amount of money you need to start trading will depend on your broker’s Minimum deposit requirement, Minimum trade position size & Maximum leverage
Forex trading in Nigeria has become easier to get involved in during the past decade, which have also mostly seen strong economic growth and rising disposable incomes for many Nigerians despite post-2014 economic problems.
A look at Fibonacci ratios, retracements, and how you can use these tools in the MetaTrader4 platform.
Brexit has started to resemble a protracted family row in which too many hurtful things have been said. Giles Coghlan, Chief Currency Analyst at HYCM discusses what's in store for Brexit 2020 here.
The regulation in Australia is market friendly, thus, attracting Forex brokers. Also, ASIC is permitting brokers to utilize a max. leverage which remains at 1:500
Ichimoku Kinko Hyo is a technical indicator, created in Japan. It’s applied to trading charts, but most traders are likely to be confused by this 5-part indicator.
Forex in Canada is either regulated as a security or a derivative. This creates a challenge, whether a company wants to act as a broker or an advisor.
