Articles

Interest Rates & the Forex Market

While there are many factors that figure into the valuation of a currency, one of the most important factors to consider is the country’s interest rates. In fact, all things being equal, foreign-exchange traders should focus on interest rates more than anything else. In this article, we’ll explore what interest rates mean and how they …

Using the Stochastic Oscillator in Trading

One of the most common indicators used by Forex traders is the stochastic oscillator. It’s a momentum indicator, as it compares the closing price of the currency pair to the range of its prices overall during a certain period of time. There are some basic set ups that are the default settings, but you can …

How Part-Timers can Approach the Forex Market

Getting a handle on the forex market is a big ask for any kind of trader, but more so, perhaps, for those who trade part-time. With extra pressure due to time constraints, demystifying forex strategies, terminology and keeping up with the news pose quite the challenge for those who only devote part of their day …

Low Risk Forex Trading

One of the things that attracts many people to Forex trading is the potential for significant profits in a relatively small amount of time due to the use of leverage. However, with the potential for gains comes a significant potential for losses that must not be overlooked. To protect your account, it’s a good idea …

Is Trading Gambling?

Most of the time, when I tell people what I do for a living, they can’t help but wonder if the Forex trading I do daily is actually some form of gambling. There are, after all, some similarities, since no trader has a crystal ball to predict which way the markets will move. Still, there …

The Illusion of Control in Trading

There are very few things in life that we can control entirely by ourselves. We can eat only healthy food and still be overweight or ill. We can drive safely and still get hit by a drunk driver in the opposite lane. We can study hard for tests and still fail – or barely study …

Will Too Much Information Ruin Your Trades?

It may seem like a strange question, but people have asked this question before: “Will too much information ruin your trades?” While it may seem somewhat unlikely, the truth is that too much information can complicate your trades, and even result in losses. In my experience, there is a distinct possibility that you can get …

How to Distinguish Good and Bad Trading Strategies

If you plan on being successful as a Forex trader, you need to be able to distinguish between good and bad trading strategies. While the most obvious way to measure success is to look at the profits and losses columns for any given strategy, there are other things to consider when choosing a trading strategy. …

Pullback Trading Strategies

One of the most common ways to trade financial markets is to use a pullback strategy. This simply means jumping into a market that has established a trend, and then has gone against that trend as markets typically do, forming an ebb and flow over time. Think of it this way: if you are in …

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