20 Best Blogs For Forex Traders In 2022

Many traders lose their hard-earned money because of unexpected price swings. Some shift to smaller time frames and turn to scalp trading to reduce the risk of exposure to significant price fluctuations. Besides, trading portal is the blog about cryptocurrencies; it includes detailed analytical and educational video reviews, the most informative and helpful both for beginners and for advanced forex traders.

CTrader is a cutting-edge forex trading platform designed for professional traders. It offers advanced charting, trading, and automation capabilities, as well as customizable interface options. CTrader also provides direct market access (DMA), enabling traders to access the interbank market directly. MetaTrader 4 is one of the most popular forex trading platforms, offering advanced charting and analysis tools, automated trading capabilities, and customizable interface options.

How to trade currency — trade currency guide

With this website, you get daily financial news where there is adequate and intense technical analysis. This financial blog poses greater attention to major indices and highly reliable to clients who opt for short term trades with interest in the major indices. They also offer discussion forums where they get to highlight fundamental causes of specific trading moves or specific price forecasts. This is https://www.bigshotrading.info/blog/ a New York Times financial blog that greatly covers major forex news and topics that are really essential to traders. Founded by Andrew Ross Sorkin, the blog has gained popularity and has attracted more successful traders and influencers of the financial markets as part of the columnists too. This site has a large number of articles for forex trader education, included some articles on broker reviews.

• It provides some information pertaining to the trading conditions that can benefit professional traders.
• Clients can setup demo accounts for free and then they will have a better idea of the platform and have the chance to experience real markets through its demo account.
• We’ve written about the benefits of content marketing before, and we’ve advocated blogging as a part of your content marketing efforts.
• You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
• Forex is a financial market where currencies are bought and sold to make a profit.
• But even if there are no opportunities to save your trades, there’s still a way to protect yourself from these unexpected price movements.

Forex traders use technical indicators to help inform their trading decisions and identify potential trading opportunities. Some popular technical indicators include Moving Averages, Bollinger Bands, and Relative Strength Index (RSI). A trading platform is a software you use to access the forex market https://www.bigshotrading.info/ and place trades. There are many different trading platforms available, each with its own features and benefits. Some popular trading platforms include MetaTrader 4, MetaTrader 5, and cTrader. Forex traders make money by buying a currency at a lower price and selling it at a higher price.

Best Forex Trading Indicators Every Trader Should Use

It looked like late in the week it had stopped right on the 61.8% Fib level and found support, maybe even a bounce. That seemed to be confirmed on Friday when US Non Farm Payrolls came in with mixed results. A very busy week finished with the Aussie dollar posting its largest daily percentage move in 12 years, closing +3.07%.

Last week the market pretty much trod water waiting for the US FOMC meeting. It needed to take a breather after the hectic sell off from the inflation numbers. The market, for no discernible reason, decided on Friday that inflation is no longer the important issue, but the looming recession is. A busy schedule in the week ahead should provide some directional trading and volatility. Last week finished with the USA job numbers coming in hotter than expected, adding 372K over an expected 260K. NZ raised rates by 50 to 2.5%, Canada raised by 100 to 2.5% too, which surprised the market somewhat.

Forex Trading Books Articles

TradingView is a social platform for traders and investors to share ideas and strategies. It offers advanced charting and market analysis tools, as well as real-time data and news feeds. TradingView is widely used by both individual and institutional traders.