How to Develop a Forex Strategy

One common mistake that many new traders make is that they think that levels that were important in the past are still important. This logic assumes that if the market dropped to a support level, it then saw it as a good time to buy. Likewise, if the price of the forex pair slips back . . .

Read More

Traders’ Guide to Profit and Loss

What is profit? Profit is the amount of money a business pulls in after deducting its expenses. Profit is an important measure of the health of a business, because a positive bottom line shows that the business is doing well. There are many ways to measure profit, but three main types can give investors valuable . . .

Read More

Forex Trading Strategies

Forex trading strategies depend on the support and resistance levels holding or breaking. If levels are broken, the downside of a Forex strategy can be massive. It is crucial to watch market state changes so you can adjust your strategy accordingly. Stable and volatile markets provide healthy price swings within a range, so Forex strategies . . .

Read More

The Importance of Profit Calculation

A firm’s profit is the difference between total revenue and total opportunity costs, including both explicit and implicit costs. In other words, profit equals total revenue less total cost. Profit is a crucial element of a business’s financial statement. It’s the key to successful operations and a sound understanding of the concept will help business . . .

Read More

How to Trade EUR/USD Like a Pro

Breakout trading is an effective strategy to catch the early signs of a market trend. Breakouts on daily charts are a great way to capture new market trends. As a rule, breakouts come early in the day, before the markets change direction. For example, if EUR/USD breaks out below a previous support level, this is . . .

Read More

How to Calculate Profits For a Trader

The term profit is commonly used to describe income distributed to the owner of a business, which is the major interest of the owner in the income formation process of market production. There are several common ways to measure profit. These measures are listed below. Profit is the result of a profitable market production process. . . .

Read More

How to Choose a Forex Strategy

If you have no idea how to start making money in the forex market, you should at least know what a forex strategy is. It is a guideline which helps you to identify the trends in the market and decide where to invest your money. Forex trading is not as difficult as you may think. . . .

Read More