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.
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When you start to realise that Forex trading is more about odds then certainties, you can then begin to position your trades to target more wins than losses
The financial markets of the world have been through quite a roller coaster over the last year or two.
The futures commodities market has been around since the rice futures were traded in Japan back in the 18th century.
For someone who has decided to begin trading commodities, all the different terminology can be a little overwhelming.
If one was looking to begin trading their money, they would have a whole group of markets from which to choose.
There is traditional stocks and bonds, the Forex market, and a market that has been around since the beginning of time, the commodities market.
The commodities markets have proven to impact the world throughout the generations.
Commodities, much like Forex, and other markets, tend to seem like a complicated and highly technical field to the inexperienced trader.
The technique of post-trading Forex news is based on the fact that once the market has made up its mind about the impact of a major news item,
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Price action tends to become more stable at these times because the market is anticipating the event.
In the exciting, highly liquid world of foreign exchange (forex) trading, collecting your earnings and dividends from abroad can be more challenging.
As soon as you have determined a method to help you detect a retracement, you will then need to devise a technique to enable you to determine its scope.
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Sign up to get the latest market updates and free signals directly to your inbox.As explained in previous articles, if you are patient and simply wait for the initial breakout move to unfold then this course of action may help you avoid fakeouts
When Forex beginners first attempt a breakout strategy, they quite often become quickly demoralized.
There are two very important concepts in Forex Trading that you should strive to fully understand.