Forex Analysis: 3 Currencies That Declined Against the USD in 2015
The U.S. Dollar had a strong year in 2015. The U.S.’s improving economy and steady job growth, as well as the December interest rate hike by the Federal Reserve, helped the greenback gain in value.Forex Strategy: What Is Fibonacci Trading?
Many day traders use Fibonacci retracement lines to determine entries and exits into the markets, as well as stop loss and take profit targets. Fortunately, the strategy is fairly easy to understand, but first, you’ll want to learn about the numbers it is based on.Forex Strategy: Calculating the Size of Your Trading Positions
Forex day traders must master a number of skills before they should begin trading real money. But calculating the size of a position is one of the most critical.4 Tips for Making Your Forex Journal Actionable
Keeping track of your Forex trading – whether digitally or with pen and paper – is critical for your growth as a trader. And for many, the start of a new year is the perfect time to revisit the previous 12 months of trading. Looking back on your trades will help you determine what worked, what didn’t and what could use improvement.Types of Forex Brokers: Dealing Desk Vs No Dealing Desk
Choosing the type of broker you use in your Forex trading can be critical for your success. Be sure you choose a broker that matches your trading style and that has an ongoing reputation in the marketplace.