Forex Articles

How to choose broker

Nowadays, Forex opens doors for everybody, who is eager to make money. However, before a newcomer ventures into forex trading, the essential thing is to pick a proper brokerage company. This article will tell you how to choose a reliable broker.

Top 10 rules of technical trading by John Murphy

Where will the market move? Will it soar or plunge? When will the trend reverse? These are the key questions asked by technical strategist John Murphy. John Murphy is a legendary trader with the over 13 years’ experience. He developed 10 major rules of technical analysis based on his experience. The rules apply to a wide audience of traders – both novice and pros.

Forex literature. Is it worth spending time on reading?

Books about Forex as well as forex trading itself are very popular nowadays. A great variety of Forex literature is available nowadays for those who are interested in trading. Every author takes on a teaching role and tries to teach a beginner-trader forex market wisdom, share experience and give advice.

Combining Forex and main job

The market where foreign currencies are exchanged attracts ambitious people. They crave for showing their skills amid intense competition and are sure of immediate profits. Optimism always favors any start, but you should not forget about preparation. It is impossible to become an outstanding, successful trader instantly. Finance is a serious topic requiring a cautious approach. To become a truly professional trader, you should make plenty of efforts.

What are pips and how to calculate them correctly?

A pip is one of the basic notions on Forex. However, there are traders who do not completely understand what is a pip and cannot correctly calculate it. Let’s look at it in detail.

A few words about day trading on Forex

Let’s look at the meaning of the word "day trading." Intraday trading is another way of saying "day trading" and it means a trading within one day.

Forex robots. The main advantages of trading systems

Financial benefits give a possibility to meet most of people’s demands as well as confidence in the next day and freedom. There are a lot of ways to improve your financial situation. Trading on the foreign exchange market is among them. Robots significantly help people as trading on Forex is risk-taking.

Public holidays and Forex market

Many factors influence the international forex market. What impact public holidays of different countries have on the currency market will be answered in this article. During holidays, trade on Forex is often less intense and it is difficult to predict its further movement. Even technical indicators, fundamental analysis and MT4 advisors won’t help a trader clear the situation. This uncertainty is mostly applied to the currency of the state where a holiday takes place.

How employment rate indicator affects Forex

The employment rate is a number of people who have jobs expressed as a percentage of the total workforce. It is the third important indicator for foreign currency markets. Like GDP, the employment rate of population capable of working mirrors an economic environment of a country and its health.

What novice traders need to know?

As a rule, a novice trader is full of enthusiasm hoping to make a big profit within a short period of time. A lot of people consider Forex to be a kind of casino, and that is their biggest mistake as trading on the forex market does not mean a game of chance but working hard. Though few examples of unforeseen success took place in the history of Forex.

Feedback from traders

Frederick trader
review eToro

etoro reviews are negative only because they are engaged in deception and fraud, attracting people’s investments. They talk about the mountains of gold, and eventually make it so that all accounts merge. People, run from this company.

Tara trader
review eToro

Every day, fraudsters in the financial sector are more and more easy to please them in the network. Not so long ago, despite all the precautionary measures, my sister became a victim of scam artists from etoro reviews on the Internet, she read, but these bastards are all so cleaned up that it is difficult to find the real opinions of people. Basically everywhere one fake, for cheating reputation. When she told me, I decided to google myself about this office and it turned out that it was a sharashka that had recently clearly set its sights on our market, and the money that they fool people to have there is no way to return.

Andrea trader
review eToro

As I didn’t try to make out, I didn’t see any prospects of working with etoro reviews. Real people still cause more confidence than the words of a manager who is interested by hook and crook to pull you and your money. As a result, even after refusal, their managers periodically arise with a proposal to invest money profitably ...

Daiv trader
review TeleTRADE D.J.

Over the past six months, managed to double the deposit. I trade through the server teletrade profeshn. Broker platform like, easy to use.

Steve trader
review eToro

Once I went to a consultation in the etoro reviews about them then were not so bad and I was curious. Naturally, I hesitated and did not dare to immediately open an account, and it was here that their manager issued himself. He began to tell stories about space profits, constantly raising rates, hoping to seduce me. After that, it became clear to me that they were simply fraudsters who were not concerned about the fulfillment of the promises they had made.

Show more
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
from InstaForex
on every deposit
Earn up to
for inviting friends to get StartUp Bonus from InstaForex
No investments required!