Major Currency Pairs: What Are They?
Currencies in the foreign exchange market come in pairs. They are associated to a specific exchange rate. The major currency pairs are as follows.Guide on How to Trade Forex for Beginners
Forex trading is a risky place for beginners to make money. The only option to minimize the risk is to undergo proper trading and education.Trading Naked Is The Ultimate Way To Trade!
Trading naked is the ultimate way to trade depending only on price action. Price action is the ultimate indicator. After all all these technical indicators apply formulas to the price action to get the trading signals. A naked trader only uses price action to understand the market sentiment.Foreign Currency Markets
The forex training that one receives is largely responsible for their resounding success or utter failure while trading in the foreign currency markets. It is important to invest time and money in getting the best forex training and the most advanced training tools if you are serious about making it big in the currency trading market. There is this general theory about forex markets that it is the best source to make some easy money and fast.Fractals in Forex Trading – Why So Many EAs Use It In Their Algorithm
Fractals help a lot in identifying the underlying fluctuations in the price waves. Fractals are used in breaking the larger trend in the market into much simpler and predictable reversal patterns. If you have been trading forex for a while, you must have come across the term Fractals a lot. Many EA developers will tell you that their expert advisor uses fractals in its algorithm. So what makes these fractals so important for forex traders or for that matter any trader and what is their background.