Best Time to Day Trade the EUR USD Forex Pair

Contents Forex market session opening times How the Success of Forex Trading Depends on Time What Time is the Forex Market More Active Globally? Best Timeframe to Trade in Forex Late Sunday and Early Monday Traders usually trade swings back in the direction of the preceding trend – in this example the preceding trend is

countinue reading

How Gold Affects Currencies

The odds are inclined toward breaking this bullish technical formation as profit-booking intensifies. Recently, Mike Maloney released an analysis of the possibility of gold hitting $5,000 an ounce in 2024. The U.S. Dollar’s role is significant, being involved in approximately 90% of all currency trading and nearly 100% of oil trading. https://forex-review.net/ However, the growing

countinue reading

Forex Clock Check FX Session Times

Contents Time Zone Difference in Forex What are the forex market hours? Forex time zones Understanding the Impact of Forex Market Hours in Your Trading Strategy With this approach, the larger time frame is typically used to establish a longer-term trend, while a shorter time frame is used to spot ideal entries into the market.

countinue reading

What is a forex trading account?

In other words, if you deposit only $100 to this account, you will see an amount of 1,000 currency units in the trading terminal. When working on such Forex trading accounts, 1 currency trading lot costs 10,000 instead of 100,000 and is called a mini lot. Forex accounts can be opened with any forex broker,

countinue reading

Best Forex Brokers In December 2022

Contents Security of Client’s Funds IG Markets Pros & Cons Trade the global currency markets with confidence Excellent choice of trading platforms catering to various trading needs XTB Online Trading: Best for Low Costs We won’t sugarcoat it – retail investor accounts lose money all the time. Although every trader is subjected to market volatility;

countinue reading

Descending Triangle Chart Patterns Education

Contents Using Symmetrical Triangle Patterns Descending Triangle: Example Advantages of the triangles pattern Trading descending triangles The Ascending Triangle Pattern in Trading: The Market Rises To gain that experience, you can use a trading demo account with Libertex. The account provides a wide range of CFDs instruments, in a risk free, simulated environment. It gives

countinue reading