Forex Trader’s Guide to Major Economies: The United States
The United States economy is the largest in the world and is closely followed by traders around the globe. As a forex trader, it’s important to have a good understanding of how economic trends in the U.S. can affect foreign exchange rates. Here are some key points you need to know about the U.S. economy: […]
What is Fundamental Analysis?
What is fundamental analysis? It is time to explore what it really means to look at fundamental analysis and how it works in the Forex markets. Many people claim that they want to practice good fundamental analysis when they are conducting their trades. With that in mind, we will now explore what it means to […]
How to Trade Interest Rate Differentials
It is possible to profit by trading the currency of a country with a lower interest rate against the currency of a country with a higher interest rate. In that manner, they can essentially trade interest rate differentials. he interest rate differential is known as “carried trade” and it is possible to profit from that […]
Should You Trade Uncommon Currency Crosses?
Many people trade cross currencies that do not involve the U.S. Dollar at all. Some of those crosses include things like Euro and Yen crosses, but there are also more obscure options available for those who choose to trade them. Obscure crosses can almost be thought of as if they aren’t part of the “in” crowd. […]
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 […]