Prop Trading: Understanding the Basics
Proprietary trading, also known as prop trading, is a form of trading where a firm provides capital for traders. It is an attractive option for individuals who are passionate about trading and want to work in a fast-paced and dynamic environment. Prop trading solves the problem of undercapitalization among traders. This blog post will discuss […]
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 Measure the Strength of a Breakout
You probably want to know about the strength of a breakout move before you decide if you are going to trade into that breakout or not. After all, the stronger the breakout, the more that you can potentially make off of it. However, if that same breakout seems to be mild, you may want 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. […]