EURO – The Official Eurozone Currency
The EURO is the official currency of the Eurozone and it consists of around 19 out of the total 28 member states of the EU. This includes well known countries like Belgium, Austria, Cyprus, Finland, Estonia, Germany, France, Ireland, Greece, Latvia, Italy, Malta, Luxembourg, Portugal, Holland, Spain, Slovakia and Slovenia. This currency is also used officially by the various institutions of the European Union and also four other European countries.Don’t Be One of the Fools Who Believe That in Trading You Can Get Rich Quickly
Are you also dreaming about getting a millionaire overnight with just a 500 USD Forex account? Then this is just for you.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 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.Tips To Finding The Best Automated Forex Robots
You may have decided to get your money working for you twenty four hours a day. Rather than placing your savings in an interest bearing account, you want to take to the online trading platforms and try an automated Forex robot to see how you can make your money work for you.Learn How to Trade in the Forex Market
Learning how to trade in the Forex market means putting in a lot of time, willingness, and effort – but don’t worry, because the results are well worth it. Though the topic of Forex trading might seem intimidating, it can be learned-and you can educate yourself. Your learning curve should be shorter if you have access to great materials from a reliable source.The Basic Concepts of Forex Technical Analysis
Technical analysis in the Forex market requires traders to understand and use certain terms like support, channel, resistance levels, and trend. When you use information from the charts, you should be able to identify the right times for the position entry and exit, and be able to predict and recognize its continuation in time or when a trend fracture occurs.How to Choose a Forex Robot
Many people nowadays are turning trading as a way of earning some money – either large or more modest amounts – as well as learn some new skills and enjoy a new pastime. For many people who are interested in the financial benefits, however, paying for an automated trading program – or a robot – is the way forward.How To Test Currency Trading Strategies With Minimal Loss
Trading currencies takes both practice and lots of research. Countless factors can affect the value of these trading instruments and circumstances can change at any point in time. Fortunately, there are a number of was to determine whether or not your trading theory is a viable one before bringing it to market and risking your hard-one cash.Things You Need to Know Before Trading Foreign Exchange
Trading in foreign exchange can be a great way to earn money provided you know the tricks of the trade. The rules are the same, all you need to figure out is the exact time to buy or sell your currency. However, before we get you into the nitty-gritties of the trading, it is important for you to understand, how much money you can spare.Spot Metals in Trading
To be a successful trader, you must have a competitive edge that separates you from other traders. Along with skills and education, experience is key when it comes to trading. Many traders expand and diversify their portfolio by trading spot metals.Learning Forex: What Does Going Long or Short Mean?
Going long and selling short are fundamental ideas in day trading that every aspiring trader should understand. But for those beginning to learn about Forex trading, each term can be difficult to define. What exactly is short selling and going long? What are the advantages of either trading strategy? In the simplest terms, a trader can make money by buying low and selling high (going long) or by selling high and buying low (selling short). Forex day traders, then, have two specific ways to profit in a trade. They can enter the market when the price is highest or at a low, enabling them to make money in up-trending and down-trending markets. With stocks, there is a bias for bullish movement in the markets; stocks are more likely to move in an upward. But the Forex markets are more volatile; prices may fluctuate in both directions fairly consistently. With short selling and buying long, traders have an opportunity to profit in whichever way the market is trending, and as currency pairs tend to oscillate in either direction, there is more opportunity to use short selling in Forex trading.