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Forex Trading – In a Market Dominated by Robots

Today, technology has brought new innovations to the world of Forex trading. Trading Robots were invented to help alleviate the tedious work of users around the world. Thanks to these commercial robots Forex trading is more efficient and profitable.

How Useful Are Pivot Points When Day Trading the Forex Markets?

Pivot points are usually calculated using price data from the previous day’s trading session. They incorporate the high, low and closing price from this session and give us the central pivot point, as well as two key support and resistance levels (referred to as S1, S2, R1 and R2) for the current day’s trading session. So how useful are they from a day trading point of view?

Forex Robots and Automated Systems Lose Money – How to Profit From Market Inefficiencies

Thinking of buying an automated trading system for forex trading so you can make money while you sleep or while you are at work? Before you do consider why most of the systems don’t work or work for a very short period of time.

Trading Psychology

There are many misconceptions about the type of people successful traders are. For example, are they are creative mavericks with aggressive personalities? This is not altogether untrue but is the opposite of the case in our estimation.

Learning the Basics of the Forex Market

The Forex Market financial centers are at Sidney-Tokyo-London-Frankfurt-New York. As the market is global there always buyers and sellers at any time of the day, that’s why the market is the most liquid of all trading markets.