Foreign currency trading appears to take place in a highly competitive environment. Since the mid-1990s, major currencies have traded almost continuously between large numbers of counter- parties on multiple electronic platforms in high volumes and with very tight bid-ask spreads. However, in recent years, government regulators and enforcement authorities across the globe undertook investigations into [...]
Trading psychology is a key to success in the forex market. As human beings, we are inherently sensitive creatures, which dictate our judgments. Although these emotions are not necessarily wrong, how we react to them is what matters, especially when trading currencies. If emotions get the best of you and you fail to control them, [...]
Fundamental analysis is a way of looking at the forex market by analyzing economic, social, and political forces that may affect the supply and demand of an asset. The idea behind this type of analysis is that if a country's current or future economic outlook is good, their currency should strengthen. Using supply and demand [...]
In this article we will explore sentiment trading in the Forex market. We will take a look at what sentiment is, why it is important, How to implement sentiment into Forex trading. When talking about analyzing financial markets, technical analysis is usually most favoured, followed by fundamental analysis. To quickly recap, we say that [...]