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.
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Feedback from traders

ARISTOTELIS TSOTRAS trader
review TopForex
18-07-18

With their signals and management I lost 14500€ in one month. They promise fast and good earnings but they cannot estimate the danger of the things for us. Avoid them.

Thomas trader
review Stoxmarket
16-07-18

I also fell victim to this scam broker. They kept on asking me to deposit more money. Then they stopped picking up my calls! After loosing more money to lawyers and what not, I was finally able to recover my money with the help of a professional. Lesson learn't! I'm happy to share my experience. Feel free to reach me on tgermaine173 at gmaiI dot com

pmcq5354@gmail.com trader
review Stoxmarket
16-07-18

I recently recovered my invested funds trading binary options from a scam broker. I hired a professional to this effect. I will like to share my experience because it is the right thing. Feel free to reach out!

MengRui trader
review Forex4you
12-07-18

Before trading in a live account one should practice in a demo account which I think according to my trading knowledge. But a trader should also choose a demo account with the credible broker. Before start my trading I open a free demo account with the broker named Forex4you. I choose their demo because in this demo I get all most all the necessary trading tools which matches the real account. It helps me to develop my trading knowledge.

gilbertwayne14@gmail.com trader
review Stoxmarket
09-07-18

Happy to share my success story with everyone on how i was able to recover my money from stoxmarket , i am open to share my experience and to also enlighten everyone on how i was able to recover my money.

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