Top Crypto Exchange for LOW Cap Altcoins in 2021 (Buy DOGE on Kucoin)




Currency Trading for Beginners: Range Trading Strategy

Range trading is a simple strategy that can be used on almost any financial product although this article is mainly directed to currency pair trading. Range trading is pretty much just as is sounds, find the range that a product regularly trades in, buy low sell high in the case of a long order and sell high buy back low with a short order.

How To Test Forex Trading Strategies: 3 Key Success Factors

Quality of trading strategies is a problem of high importance. Inadequately tested strategies contribute greatly to the well-known statistics that over 90% of Forex traders lose money. However, testing procedures for Forex strategies have not been covered systematically, with main focus being on the strategy testing software. We describe our practices of applying classical principles of successful testing to evaluating quality of Forex trading strategies. We explain our testing methodology, ways to prepare test scenarios and approach to managing trading risks. Our study is devoted mostly to automated trading, but we believe the results can be useful to all interested in Forex trading.

Understanding Fundamental Analysis

There are two primary schools of thought used to analyze the market when trading forex: technical analysis and fundamental analysis. While some traders prefer to focus on technical analysis during their forex trading, others primarily use fundamental analysis techniques.

What Is The US Dollar Index?

The US dollar index, which comprises a basket of currencies through which the US dollar’s value is compared against, is also referred to most traders by USDX. This basket of currencies has the EUR, GBP, JPY, CAD, SEK, and CHF.

Three Most Basic and Successful Forex Strategies

There are many forex strategies that traders can practice before ever getting started with actual money. These are well-developed tested systems that have been put together by professionals in the field. For those who really want to learn how to be successful forex traders, these are the fundamentals

You May Also Like