Swedish Krona Soars
The Riksbank recently raised interest rates to 4%, against expectations, sending the Swedish krona soaring higher. The Swedish central bank explained that it has raised the interest rate by 25 basis points to combat rising inflation, adding that there were risks linked to slower economic activity and financial market turbulence. The bank has kept its [...]
Read more »Forex Basics – Moving Averages
The moving average is one of the most basic and popular technical analysis tools in foreign currency trading. Moving averages are used by Forex investors to confirm trends, identify new trends and spot trends about to reverse. There are three types of moving averages: Simple, Weighted and Exponential. In a simple moving average each price [...]
Read more »Forex Trading Common Mistakes
Learning about the common mistakes made in foreign currency trading will help you to improve your skills and chances of being successful. Here are some common mistakes and assumptions new traders make: – Misplacing Stops Stops are necessary to avoid bad losses, however poorly placed stops can be just as bad. Before placing a trade [...]
Read more »Opening a Forex Mini Account Is Easy
Did you know that opening a Forex trading account is as easy as opening a bank account. In most cases you only need to complete a simple form (either online or printed from the Forex broker’s website) and provide the necessary ID. One of the decisions you should make before you begin Forex trading is [...]
Read more »Forex Training – Supply And Demand Basics
A popular method of trading Forex is to use fundamental analysis to make decisions about the direction a currency is likely to go in. This article will provide you with an introduction to how you can use the basic concept of supply and demand to improve your Forex trading results. The foreign exchange (Forex) market, [...]
Read more »Protect Your Investment
Often, investors get so caught up with how much money they expect to make in their portfolio that they forget about protecting what they already have. As an investor, your first priority should be to protect your capital, once that’s sorted out you can focus on putting your money to work for you. Protecting your [...]
Read more »Avalon Partner With Forex Capital Markets
Avalon Capital Holdings have announced that the Avalon FX Pro 4.1 trading terminal will be connected to Forex Capital Markets. Clients are currently able to open a live trading account with Forex Capital Markets using the Avalon FX Pro 4.1 Forex trading platform. Avalon Capital Holdings subsidiary, Traders Development will generate income from the connection [...]
Read more »An Introduction To Forex Scalping
Scalping for quick small profits is a very popular Foreign Currency (Forex) trading strategy, requiring extreme discipline and focus. True Forex scalpers make between 10 and 100 trades per day. If a position goes against them they exit quickly rather than holding on and hoping that it will turn around. A Forex scalping system aims [...]
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