Recent content by Emma bing

After Italian "No vote" on Senate reform eyes are grounded on the ECB meeting scheduled for Thursday which might bring about a major move in euro.

Forex trading is not that simple you have to look for various peculiarities. Like some people say they do technical analysis, some do fundamental. However, my opinion is that one cannot make a successful trade based upon any one of the analysis. Combination of the two can lead to successful...

USD/JPY pair shows that how much of Japanese yen is needed to get one US dollar. When the value of currency pair (USD/JPY) rises that means JPY has weaken and dollar has strengthen. So, when media reports yen as weak or falling actually the value of pair is rising and vice-versa.

First of all person should not enter the market with this thinking. If he keeps on thinking about getting rich he would end up losing all his money. You should enter the market with a definite approach and to learn trading. For this first you need to have understanding of how market works and...

There can be full time traders in the market. Trading for full time does not mean that you have to sit in front of the screen for a day but it’s all about how you manage your trades. However, presently automated trading is also done which reduces your effort, enhance the trading knowledge and...

According to me, MT4 is the best trading platform for a newbie to trade. It has a reliable reputation in Forex market, unlike other platforms it is really very fast and user friendly software. MT4 also provides a great number of tools that facilitates the trading experience of a trader. It leads...

I traded on paper for six months prior to live trading. I used the most traditional trading platform MT4 for it. No i didn't use any technical indicator, I used to trade based on news and fundamental analysis. I made almost $500 with the equity of $2000 and leverage 200x

The biggest advantage of forex trading which I think is flexibility to trade. Market is open 24 hrs a day so a person can trade anytime even if he is employed or is a business man. Also most importantly you yourself have all the control while trading on forex. Nobody can pressurize you to trade...

Research on the market movements define technical analysis to define and forecast the price movements. The market is usually analyzed with history mentioned on the charts. Servers constantly save the historical data. As the platforms are connected to it, the downloaded terminal has all the...

Yes, exactly stop losses are not always possible to adhere to. Setting a stop loss simply shows the risk averred behavior of a trader. Stop losses define the affordability of risk taking of a trader to what extent he can bear the loss, so before entering in a trade he defines/fixes that limit...

There are two ways to protect your trading position: Hedging and stop losses. Hedging helps you to limit your losses to a point wherein you can reduce your risk in invested instruments. Stop losses is the security of amount invested and when investor is ready to give away some part of his...

FXCM and Hotforex are offering services to their clients from a quite a few years now and I think they are doing a great job!