forex trading

How do you manage risk in forex trading, including setting stop-loss and take-profit orders?

A friend of mine asked me for copy trading, what is your idea? I know that one issue is the risk of blindly copying other traders without fully understanding their trading strategy or risk management approach. Even experienced traders can experience losses, and copying their trades can lead to...

Torobase is a powerful online trading platform that offers a wide range of features for forex and crypto traders. The platform is designed to provide an easy-to-use, secure, and reliable trading experience for traders of all levels. One of the standout features of Torobase l is the high...

Allegiance American Enterprises, LLC, which owns Honest Forex Signals, is an American-based signals provider and webinar service that sends out trades from a live trader named Robbie Newton. In the United States, the service is a recognized member of the Better Business Bureau, which resolves...

Gold spot (XAU/USD) recovers some ground after slipìng below the $1800 mark on Friday, on higher US Treasury yields, which during the session are sliding, thus lifting the prospects of the non-yielding metal. XAU/USD is trading almost flat, around $1811.02 a troy ounce at the time of writing...

There are many online brokers available in the market, but how to choose a broker that is best for you. Following are the tips you can use for that: 1. Regulatory Compliance The first thing you should check is the broker's reputation in the market. If you want to find a broker from the US, the...

Hello everyone, I am very new to the world of prop trading industry. I have been trading for one and a half year and been profiting quite good. But the amount is not so good and i want to profit more. That is why I am looking for a prop firm. After researching a lot, I came across a few and...

A lot of people are attracted to online trading but after getting into the game they indeed tend to bow out, what kind of advice can such newbies get, is trading overrated? most traders especially newbies are afraid of losses and would always want to rake in more profit can someone help these...

The US Senate asserted the decision to ban Russian oil and gas supplies today. The EU is also discussing imposing similar bans on all or most Russian energy supplies. The strict measures comes following news of massacres committed by the Russian army in several Ukrainian cities. EUR/USD fell...

The Federal Reserve's preferred measure of inflation – will hit the screens at 13:30 UK today and is expected to show price pressures ramping up further. The January core reading of 5.2% showed inflation running at its highest level since April 1983 and today's number is expected to climb...

Hi, I’m Hazem, a Muslim by religion. I have read a lot about Islam and it’s somewhere written that forex and binary options trading can be Haram. I do trading and have several accounts on different brokers. Especially i like short-term options trading. But i once argued with one of my colleagues...

The latest UK inflation data will be a stark reminder to the Bank of England that price pressures are getting out of control and that interest rate hikes are needed, and quickly. Headline UK inflation hit a decade high 5.1% in November, beating forecasts of 4.7% and a prior month's reading of...

The Australian dollar has been the laggard in the FX market since the start of November but it turned around this week and was the top-performing G10 currency. Is it a dead-cat bounce or the start of something more? The AUD/JPY chart has some positive signs even as the fundamental risks remain...

European stock markets continued their rally on Wednesday despite a string of countries on the bloc still battling increases in Delta infections. In London, the FTSE 100 (^FTSE) rose 0.3% after opening, while the French CAC (^FCHI) also gained 0.3% and the DAX (^GDAXI) was 0.1% lower in...

GBP/USD fundamental analysis GBP/USD looks to be stabilizing after the slide that has taken it from a recent high at 1.3518 recorded on November 18 to current levels around 1.3375. That slide was due principally to US Dollar strength on suggestions that the US could speed up its tapering of...

As a beginner in forex trading, everything seems to be confusing. Various analytics, prices, fluctuations, and many others aspects are required to be analyzed to trade with confidence. But are you going in-depth into the market to figure out the right time and deal for trading. That’s where the...

In forex trading, a good strategy is the only friend of yours that can direct you towards achieving success. But it can act as your enemy if you have not groomed it wisely. If your strategy has not been developed using expert analysis and in-depth research, then you are certainly going to lose...

The Japanese Yen is in focus to kick off the trading week, with potentially high-impact economic data due out Monday morning. Japan will report preliminary figures for third-quarter gross domestic product. Analysts expect to see a contraction in growth for Q3 on both a quarterly and annualized...

There are several strategies to win the forex trading game. However, some habits of the daily routine for forex trading can enhance the performance as well as profit for the traders. Patience: Patience is certainly the key to the success in forex trading. The traders cannot get instant...

There is a range of factors involved in identifying the right time and technique of trading in the forex industry. By analyzing those aspects, one can have access to an expert strategy to be used while trading. The way of functioning of the market as well as the economic events and trends makes...