Forex Blog

The Australian economy

Australia has been maintaining a floating exchange rate since 1983

The Australian economy

Losing streak when trading

When you face a losing streak as a forex trader, it is best to temporarily take a break from trading the market, to protect your trading capital and prevent further losses

Losing streak when trading

Profitable forex trader

Before getting started with trading forex, setting a realistic goal is important

Profitable forex trader

Foreign exchange market for beginners

An interesting aspect of the forex markets is that there are no physical venues for trading these markets.

Foreign exchange market for beginners

Different Trading Personalities

In terms of trader personality, forex would suit anyone who doesn't have much capital to trade and wants to keep trading costs low.

Different Trading Personalities

The Trader’s Journey

This in essence is the story of most who forage into the world of trading.

The Trader’s Journey

How to trade the GBP/JPY

The Japanese Yen is a proxy for Asian strength or weakness since it has the largest GDP in Asian territory outside of China.

How to trade the GBP/JPY

Support/resistance trading

The reality is that a strong trend may keep making new highs while showing divergence on indicators such as the RSI or MACD.

Support/resistance trading

Сurrency forecasting

There are some interesting technicalities about the number of shares that investors are allowed to trade

Сurrency forecasting

Fallacies of trading fundamentals

Financial news sources often report outdated information

Fallacies of trading fundamentals

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