A hybrid system has the advantage of being developed according to your understanding of the market and your personality. Ideally, the system will include indicators and parameters which you are comfortable with. When used correctly, this type of trading can combine the best of both approaches. To anyone interested in this or any other trading system I strongly recommend checking it with your national financial regulator, you will see that you will get a confirmation of our findings. ECS is not […]
So in the intraday you get like lots of fundamental announcements, economic announcements, lots of news that could spike you in and out of the market. It’s less likely for that to happen on the higher term timeframes, the trends are smoother. Momentum indicators highlight potential oscillations within a broader trend, making them popular among swing traders. One popular way that swing traders use moving averages is to watch for when a market’s short-term MA crosses a longer-term MA. […]
An incident supporting the above argument can be seen in the life of John Maynard Keynes, one of the greatest economists of all times. Keynes was responsible for the foundation of World Bank and International Monetary Fund. He was well known for his path breaking theory that rubbished the idea that free market would automatically provide full employment.
Local rules and regulations vary, but forex trading in many jurisdictions is taxable. To find out whether forex trading losses are tax deduct […]
This is due to the US session not being up yet and the absence of enough traders in the market. Liquidity is of paramount concern to traders when looking at the various times of the day, and we can simply it to mean the ability to enter a trade without measurable price shifts. You get higher price ranges during trading overlaps and that means better trading opportunities. Tokyo Open experiences the highest liquidity at the start of their trading week.
But as soon as a second or more markets ar […]
With that being said, the most seasoned traders will each have one thing in common – knowledge. Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.
If you’ve done a bit of digging, you will know that there are plenty of forex onli […]