Whenever currency traders spot a currency that’s switching directions, they wonder whether they’re witnessing a reversal or a retracement. Many in fact lose money on a long term investment trade because they close it as soon as they spot a retracement; and indeed it could have been a reversal. It’s certainly frustrating, but not uncommon. [...]
If you’ve been following the news recently, and hopefully you have if you’re trading in the Forex market, you might have heard about the new policies for bank reserve requirements. With so much discussion about global economic growth and financial stability, this is a subject that has gained more importance. Investing in the international Forex [...]
A vast number of Forex traders spend their days searching for the right time at which to enter into a position; they look for that “telltale sign” that will indicate what to do next. The truth is that there’s no secret formula for trading the foreign currency market. Successful traders have discovered that there are [...]
As a Forex trader, it’s important to know when to refrain from executing any positions. There are many scenarios when an individual ought to consider staying out of the market. First, the experts say it’s best to stay away from any money making decisions if you’ve had too much to drink. A clear head is [...]
As an investor or profit seeker in the foreign currency market, you’re probably learning about carry trades. This type of trading has been known to deliver gains since the1980s, but has only gained popularity within the recent years. In 2008 for instance, investors learned that gravity is a major factor in carry positions as all [...]