How the Euro May Affect Forex Trading and Traders

Although short-term currency movements are often unpredictable, recent weak euro trends are affecting the global economy. Imports to the eurozone have become more expensive, and the currency’s recent fall has weakened its reputation as a force in the global economy. If the ECB acknowledges that there is a problem with the euro’s over-inflation, they could . . .

Read More

How to Make Money With a Forex Strategy

In the world of forex trading, many traders use the Fibonacci indicator as a tool to spot entry and exit levels and stop-loss levels. Another forex strategy known as the Bladerunner uses the indicator to determine entry and exit points. It gets its name from the science fiction movie of the same title. This forex . . .

Read More

How the Euro Affects Forex Trading

The euro has not lived up to its promise of political integration and prosperity. In fact, its goals seem more distant today than they were before the creation of the euro. And many argue that it may be time for the euro to go – or be scrapped altogether – if the European project is . . .

Read More

How to Develop a Forex Strategy

Before beginning your forex trading, you must develop a forex strategy. A successful trading strategy must be based on several indicators. You should have a thorough understanding of how each currency pairs moves. This way, you will be able to trade successfully in the market. Once you understand how each currency moves, you will be . . .

Read More

How to Choose a Forex Strategy

A pullback forex strategy recognises critical support and resistance levels and seeks to retrace the original trend movement by entering a position at those points. This is especially useful in intraday trading, where traders often fail to function efficiently. The critical levels are usually at the previous highs or lows, Fibonacci retracements, or at the . . .

Read More

The Euro and Its Importance in Forex Trading

The main purpose of the euro is to create a common currency for all of Europe, without the need for control, oversight, or fiscal integration. While this may sound appealing, the euro’s underlying problems make it difficult to fully embrace its potential. As a result, the euro’s creation has been a mixed bag. But the . . .

Read More