Forex

Do you value your time and money? If so, Forex is an easy source to help you multiply the profit of your business. Forex currency trading is a modus operandi in which you can have a higher return on your investment. There is no doubt that Forex is considered a …

Price charts can be simple line charts, bar charts, or even candlestick charts. They are charts that show prices over a specific time frame. These timeframes can cover any period from minutes to years, or any time frame in between. Line charts are the easiest to read, and will show …

Before we get to the 7 Forex trading rules that have been validated by many full-time and successful traders, let me tell you this story. There was a lion, a donkey, and a fox who eagerly went on a joint rabbit hunt. After a productive day of hunting, the three …

You may have heard the saying “The trend is your friend until it bends.” Technical analysis helps us identify the trend so we can jump on it and trade it until it changes. Since the forex market has very strong trends, technical analysis is a very effective technique. Some traders …

Forex trading has one goal: to make money. Unfortunately, like any speculative venture, there is the possibility of losing money. The same is true of the stock market, the commodities market, and the money market. Any investment that tempts you with great profit comes with a certain level of risk. …

What you don’t know what is If you are not familiar with the principles of production management, you probably haven’t heard of the Pareto chart. It’s a very effective tool that managers use to manage and influence performance in manufacturing environments. You say: how the heck is this going to …

Trading is a skill that takes time to learn. Think of it like boxing – it’s also a skill that takes time to learn. If you get into a professional boxing ring without any training, you will be physically beaten! If you get into the forex ring without any training, …

Currency markets are the backbone of the global economy, and banks are riding them like a bucking bronco. Banks don’t make money by speculating or trading in the currency markets, but by being in the currency market. What I mean by banks being a market is that they will make …

More and more people are starting to hear about FOREX trading. FOREX stands for Foreign Currency EXchange Market. It used to be available only to large banks, multinational corporations, governments, and other financial markets and institutions, but in 1997 it was deregulated and now anyone can participate. Many people with …

If you’ve read my article on Pareto charts, this one will probably make more sense to you. Root cause analysis is another tool that traders can use. I know some of this stuff doesn’t seem to be related to trading, but you can improve your results with it. When all …