Role of market sentiment in Forex Trading

All traders in the global trading community will always have an opinion concerning the Forex market. Everyone has a personal perception of why the Forex market is moving in a particular way, and it's during trading that traders reveal this view in any trade they take. A trader must understand that the Forex market is [...]

How To Use Economic Calendar Wisely

As a trader, the economic calendar is one of your best friends. You will only spend one minute with it a day (or less), but that one minute—every day—is crucial if you want to become a consistently profitable trader. Defining an Economic Calendar An economic calendar shows the scheduled news events or data releases related [...]

Bonus – Use it Wisely and Nicely

Bonuses are highly coveted among customers, and you must have probably used a bonus or two in your life. Trading bonuses are also highly sought-after by traders Understanding bonuses is very important for both the trader and the broker as each side has different goals in mind if used correctly, bonuses can be beneficial to both. [...]

How to Day trade effectively with Pivot Points

It’s hard to fly when you can’t properly gauge your altitude. Pilots rely on instruments to measure how high or low they’re flying, particularly in cases where weather may prove challenging or dangerous. We can take this scenario as a metaphor and transfer it over to the currency markets. In the currency markets, there are [...]