Trading Psychology
Psychological preparation is very important when
you want to reach good stable results. The beginner, who has just started the
trading process, quite often considers Forex as something that is easy to learn Read more... Swap
The Psychological Utility of Technical Analysis
Today I am starting an occasional series on one of the most fascinating and essential topics in currency trading; the interaction between the psychology of the market and the decisions of the individual trader. I hope these observations are useful; reader comments are welcome.Read more...
Trading the Dollar With USDX
The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract which means that if you have a futures trading account you could Read more...
Forex Trading: How a GDP Announcement Can Boost a Currency
The Australian GDP announcement for the second quarter of 2012 showed that the Australian economy grew much more than expected. The economy grew 1.3%, compared to official estimates of a 0.5% growth. After a month of pessimistic economic news for Australia and in the wake of further interest rate cuts, such a result came as welcome news for the nation and sparked activity in forex trading.Read more...
The Australian GDP announcement for the second quarter of 2012 showed that the Australian economy grew much more than expected. The economy grew 1.3%, compared to official estimates of a 0.5% growth. After a month of pessimistic economic news for Australia and in the wake of further interest rate cuts, such a result came as welcome news for the nation and sparked activity in forex trading.Read more...