Forex Price Shading
Forex brokers usually add pips to the inter-bank rate to increase their profit markup. Price shading is when a forex broker, believing that a specific currency is going to move in a certain direction, will add pips to the side of the currency quote. So if a forex broker thought the EUR / USD pair would go up, it’d quote the pair at 1.4256 / 1.4260, rather than 1.4256 / 1.4258, meaning that a trader going long would need to buy the pair at 1.4260.The Rise Of Automated Forex Trading Software
Automated Forex trading software is more popular than ever, especially with the stock and property markets crashing and burning like nobody’s business. There’s a lot of uncertainty in the financial world today, and as a result not surprisingly many people are turning to Forex to find bigger returns. Clearly, many people are discovering very quickly that the currency markets function very differently to traditional stock buy and hold investments, which is why software programs that promise to manage their trades for them are invaluable.5 Tips for Trading Forex
The forex market is the most popular financial market in the world, popular due to the liquidity of major forex pairs, as well as because it’s a 24-hour market. Here are some tips to improve your forex trading experience.Learn Currency Trading With a Forex Account
The history of foreign exchange currency trading dates back to the time when bartering was the prevalent way to exchange goods for services or goods for goods. It is with the advent of paper and coin money that the bartering system changed forever. It became a necessity for countries worldwide to document their wealth and exchanges of goods for money within the country and with other countries by way of keeping records of each country’s central bank activities.Currency Trading Benefits
Forex trading is about buying and selling of foreign currencies. The idea is to buy when the foreign currency is cheap and sell it when it becomes more expensive, but why should you choose Foreign exchange trading over any other kind of trading?