The 2 Primary Risks When Trading the News in Forex
If you are a newer trader, you may not realize just how important it is to pay attention to some of the breaking news that comes out of the financial world. It is far more important than you may have ever realized. Markets move based on the data and information that comes out, and you […]
How to Trade the News Using the Straddle Trade Strategy
Can you imagine a scenario where you could make money in the market no matter which direction it decided to move? Believe it or not, there are strategies that can help make that a reality for you. One such strategy is known as the straddle trade, and it can help you become profitable no matter […]
How Bond Yields Affect Currency Fluctuations in Forex
Every financial market in existence has some impact on every other market. The mere movement of money around the various markets either allows for more investment in a particular market or keep money out of those markets. Either way, they matter, and the same is true for the bond market. A bond is an “IOU” […]
3 Ways to Identify Reversals in Trading
Understanding when you are looking at a retracement or a reversal is a very important skill to have when you are working out how you will become a profitable trader. The fact remains that most people set themselves up in a bad place if they don’t have this basic skill down pat. So, we wanted […]
How Gold Affects the Aussie Dollar and the Swiss Franc
However, you need to understand that there is not necessarily a great relationship between the U.S. dollar and gold. The two typically move in opposite directions of one another. The traditional outlook is that when there is economic unrest, investors will dump the U.S. dollar in favor of gold. It has been seen as a […]
Buying And Selling Forex Currency Pairs
In Forex, a transaction is a simultaneous buy-sell — buying of one currency and selling the other. Thus, they are traded in pairs and quoted in relation to one another. Example pairs might be the U.S. dollar and the Canadian dollar (USD/CAD) or the Euro and the Japanese yen (EUR/JPY). In a pair, each currency […]