US Banks Put Pressure on USD on Forex Charts
Due to the recent regulations being forced upon the banks in the United States, banks have begun to impose new fees upon their customers. These fees will most definitely have an impact upon the spending ability of US citizens, which could negatively impact the US economy and cause ripples on forex charts. Taking advantage of this information will mean that a trader needs to maintain constant vigilance with regard to the stock market.
SOPA Could Hurt USD on Forex ChartsThe recent acts which have been aimed at stopping piracy on the Internet have also served to cause many sites to fear an adverse impact on legitimate business. Online giants such as Google have lobbied against the bill known as SOPA (Stop Online Piracy Act) in an effort to keep it from being passed.
US Dollar Could Rise on Forex ChartsYes it is true, the USD has not exactly been the most stable currency for more than a decade now, but as new government regulations take shape in America the US dollar is fast becoming an even greater symbol of instability. There is a lot of political debate about how to fix the ailing economy in the United States and around the world but as time goes on the two overwhelming schools of thought seem to be that of extreme regulation and aid on one hand and on the other hand you have those who believe that the answer is…
Italy In Turmoil – Euro Suffering on Forex ChartsIn an all out attempt to prevent a new European catastrophe the governments of both Greece and Italy have come together in an effort to reconcile the current crisis taking place in the European Union. This has unfortunately brought about a very real tendency to chase the hard times in store for the Union with nervousness and trepidation. The reality of the EU’s fiscal irresponsibility is becoming painfully obvious to those working with the Euro on Forex Quotes.
Yen Dropping in Value on Forex ChartsThe nation of China has just announced a severe decrease in the amount of precious metals they will export to Japan and the western world. This spells out trouble for manufacturing of everything from wind power turbines to iPods.
The 5 Essential Guidelines to Forex Trading for BeginnersForex trading can be a very risky venture if you are just a beginner. Learn the 5 fundamentals that you need to know before getting into forex trading.
Learn How To Trade Forex Price Action StrategiesIf you currently feel like you are lost in a sea of confusing indicators and Forex trading robots, you might want to consider learning Forex price action trading. Forex price action trading involves using easy to identify yet high-probability price action patterns to trade the market. The main reason to use price action as your trading strategy is that it will remove the confusion and clutter from your charts and from your mind and will work to streamline your overall approach to the markets.
Some Important Currency Exchange TipsTo understand the currency exchange, you must first understand the history. For hundreds of years, the different currencies of the world have been backed by gold. Meaning, paper currency throughout history has been represented by an actual gold amount held in a secure location by the government which issued it.
Binary Options Trading BasicsBinary options trading is a quick and exciting way of making money. Those who are good at predicting market movements and are unafraid to take business risks will find this a fun and easy way of gaining profit.
My Experience in the Forex MarketAbout 2 months ago I was having a fantastic week forex trading. My account was up…
Currency Trading – Intraday PositionsThe disadvantages of holding intraday positions is that you will have to monitor that market during the day for finding high probability trade setups. This requires sitting in front of the computer for hours sometimes. One of the most popular intraday trading strategies is to scalp the market.
Fibonacci Currency Trading – How to Use Fibonacci Ratios in Currency TradingIf the market moves from swing high to low and then turns up, first calculate the swing range by subtracting the high point from the low point in the swing. Then apply these ratios of 0, 0.236, 0.382,.5, 0.682 and 1 to the range and then subtract that number from the swing point high. That’s it you have got the fib levels. In the same manner, you can calculate these Fib Levels fro swing low to high.
Forex Trading Strategies: Selecting Your Forex Broker Based On Their Trading Platform SoftwareNot all forex trading platforms are created equal, and not all of them have the same capabilities. Depending on the sort of trading you do there are certain types of trading software that will be more appropriate for you to use.
Obtain Some Informative Facts About Forex ChartsToday, Forex has become one of the most visited websites that provide all relative information about the market and its position. In just short period of time, the facts and the information have become extremely popular because of their accuracy.
Currency Trading Secrets to Become a SuccessWhat are the currency trading secrets of successful traders? Is it a matter of luck or is it an issue of discipline, education, risk management and implementing the right trading strategy at the right time? There are many sources in the web which are offering trading secrets in videos, ebooks, courses, etc. If you truly are serious and want to be successful in your chosen hobby or career, you need to study the traits, techniques and mindsets of those people who have attained success.