How to make the best of a situation where markets are ranging What if the market lacks a trader’s main friend, a trend? When the price is moving sideways, trend trading strategies won’t do you any good. At the same time, that doesn’t mean that you should twiddle your thumbs. The solution is to use

A look at day trading and how to go about it Day or intraday trading is one of the trading styles. It implies that you hold a trade open for a couple of hours on average and close it before the end of the day. The general approach to day trading is different from the

With the launch of a brand-new FX offering that promises huge cost savings for traders, TIOmarkets has put together the 4 surest ways to keep your trading costs low and your potential for profit high Traders often come across what they associate as ‘endless possibilities’ in the world of trading. Interestingly enough, displayed across the

Your habits will determine your success It’s always wise to get the best of the other people’s experience. Trading is no exception. They say that it takes doing something for 21 days in a row to form a habit. Isn’t it time to get going? Below you can find a list of recommendations that will

Learning to assess central bank focus In George Orwell’s animal farm one of my favourite lines is ‘all animals are equal, but some animals are more equal than others’. It is a phrase that encapsulates a critique of communism, namely the inherent corruption of the human soul. What started as an ideal sharing of all,

How you can use the trading ideas of others to your advantage Would you like to make a profit whether the price of your favorite asset goes up or down? Or maybe you’d like to start benefiting from developing financial markets but don’t want to invest much money? If the answer for any of the

How to evaluate the market Trading is a process that can be broken in 2 stages: market analysis and the trade itself. To the latter we attribute things like opening an order, choosing position size and making sure that your actions conform to the rules of risk management. This part of the process is very

What to look out for in a forex third-party signal provider? When choosing a third-party signal provider for your forex account you need to be careful. Here are a few tips and things to look for when making your decision. With the growing popularity and easy access to the foreign exchange market, more and more

Here’s what you need to know about the big change in the auto industry We are at the gates of probably the most significant transport revolution in history. Tesla, Toyota, Volvo, Renault, Apple, Google, and Nvidia – all these companies will be affected by the technological innovation that will come to life. You can trade

Expectations are what influences the way market participants react ForexLive You can try as much as you want to argue about facts and what is right or what is wrong in financial markets but the only thing that matters at the end is what everyone else perceives it to be. There’s an old trading adage

A tip in managing expectations to improve your trading efficiency I often come across many new traders basing off their trading day on key central bank speakers like ECB president Mario Draghi or BOE governor Mark Carney, thinking that their speeches will contain something to heavily influence the respective currencies involved. But a less common

Jeopardy! is a  game show where three contestents compete in providing the question to answers under topic headings.   Since you need to answer with a question, you need to form your response in the form of a question like “Who is Alex Trebek?”  That would be in response to “He hosts the long running game

Brutal up and down price action Looking at the USDCAD price action of late, I am reminded of what an old colleague of mine at Citibank used to say when markets were particularly choppy.  He would say “If you think about trading ____________, take two aspirin and lie down until the feeling goes away.”   

Are forex signals reliable? Unless you are already a full-time trader, or unable to access a computer 24 hours a day, it’s difficult to trade forex on a part-time basis. Many forex brokers and independent companies have developed trading systems that offer forex signals telling the user when to buy and sell. The execution of

Not everyone is able to start trading with a big account. In fact, if you are a beginner, it’s certainly better for you not to risk a big amount of money right away. At the same time, smaller accounts do require a special approach. In this article, we will provide some recommendations on how to

A look at a key technical analysis pattern from SimpleFX In many cases you can easily identify a trend reversal using a simple double tops or double bottoms pattern. In this post I will explain you how to do it. Here’s the next episode of SimpleFX CFD Academy tutorials for beginner traders. Of course, the

Timing is everything There are certain times in the markets that present risks and opportunities. In the market, different times have different characteristics. This is true on a day to day basis. For example, at the end of the US and before the Asian session the market becomes particularly illiquid and flash crashes can move

Why the focus is on the Treasury yield curve by Giles Coghlan US 10 year Treasury yields touched a 14-month low in late March as concerns mounted regarding the trajectory of the Federal Reserve. This article is for you if you have been reading about the inverted yield curve in US Treasuries, but haven’t really

Instaforex: See what different account options are available to FX traders  There are a number of different account types available in the FX sphere and this article will run you through some of the most popular account options there are and outline some of the key advantages and disadvantages. The first account type we will

The “wiggles” to the 200 bar MA find sellers. The “waggles to the 1.3024 level stalls the falls. When the market is chopping around, sometimes the “wiggles and waggles” up and down tell a story.  That story can only change on a chapter that does not do what the story line has been saying.  That

It is important to have a game plan when you trade If you read up on Forex trading, you will certainly come across a recommendation to have a trading strategy. However, the details of this advice often seem rather vague. In this article, we tried to gather the most important things you need to know

Learn how to familiarize yourself with the time periods in data reports Economic reports are given in a number of different formats. Many economic data releases are reported in a month on month format (m/m) and also in a year on year format as well (y/y). A y/y reading might be represented by the characters,

Weekly forex futures non-commercial positioning data from the CFTC: EUR short 78K vs 80K short last week.  Shorts decreased by 2K GBP short 14K vs 37K short last week. Shorts trimmed by 22K JPY short 59K vs 59K short last week. No changed CHF short 27K vs 23K short last week. Shorts increased by 4K CAD

Everything you need to know about trading before, during, and after an election Trading an election can be a very profitable pursuit for the informed trader. Unsurprisingly, political elections are eagerly followed by market participants as they try to position themselves as early as possible for any shifts that may be ahead. To the uninformed

What are the keys to understanding how bank trade recommendations work With so many trade recommendations available online from a variety of different banks how do they work and, more importantly, how can you make then work for you? Bank trades are often based upon monetary policy of central banks The currency markets don’t just

A look at how to search for something that works for you Some Forex traders dream about finding great set and forget forex trading signal services which are easy to follow, profitable and convenient. They would then just copy the daily currency recommendations into their Forex broker dealing station and watch their trading account grow

An up close and personal view Anyone who was trading in 2009 will never forget it. The emotion was intense. Every day was a wild ride. Today marks 10 years since the March 6, 2009 bottom in the S&P 500 at 666. The index is up 4.16x (plus dividends) since then in what has been

Using forex signals to your advantage Unless you are already a full-time trader, or unable to access a computer 24 hours a day, it’s difficult to trade forex on a part-time basis. Many forex brokers and independent companies have developed trading systems that offer forex signals telling the user when to buy and sell. Take

Shedding some light on the influence of the US-Venezuela spat towards oil Apart from currency pairs, retail traders exploit the opportunity to speculate other assets. Crude oil is one of the most popular assets. Petroleum is traded through CFDs or a contract for difference. One CFD means buying or selling 100 barrels of crude oil

A look at the simpler things you can do to help your trading Trading like anything else is about practice, reps, routine, and goals. Without any or all of these things it is difficult to be successful in your trading. Complicating this process slightly is the influence of other factors as well, namely emotions, a