The clock strikes 9:30 AM, and in two different trading rooms, a pair of forex traders are already immersed in their work. Trader A’s fingers fly across the keyboard, having executed 20 lightning-fast trades in the span of a few …
On 16 September 1992, a day known as “Black Wednesday,” George Soros made forex trading history. The legendary investor had taken a massive short position against the British pound, betting USD 10 billion that the currency would fall. Soros was …
Learn Supply and Demand in Forex Trading Forex trading is the largest financial market in the world, where traders exchange currencies with the aim of making a profit. Central to this market is the concept of supply and demand. It’s …
Picture this: Mike, a 29-year-old software engineer, decides to try trading. Armed with his savings and dreams of financial independence, he dives in headfirst, only to lose half of his initial investment within a month. Mike’s experience is all too …
Using Music For Forex Trading Strategies In the world of Forex trading, much like in music, there are rhythms, patterns, and creative flows that guide success. At first glance, trading currencies and creating music might seem worlds apart. Yet, when …
On 7 March 2024, the U.S. Bureau of Labor Statistics reported that the unemployment rate held steady at 3.9% in February, with 275,000 jobs added to the economy. As this news broke, the S&P 500 index jumped by 0.8% in …
As we navigate through the second half of 2024, the European and UK economies are showing signs of recovery after facing significant challenges in recent years. The aftermath of the pandemic, energy crises, and persistent inflation have tested the resilience …
Forex Mobile Trading VS Desktop Trading In the fast-paced world of Forex trading, technology has revolutionised how traders interact with the markets. As we move into 2024, the choice between mobile trading and desktop trading has become increasingly important. Both …
How Important is Internet Speed for Forex Trading in 2024 In the fast-paced world of Forex trading, having reliable internet is not just an advantage—it’s a necessity. As we step into 2024, traders must understand the critical role that internet …
Understanding the Importance of a Forex Demo Account Forex trading can be both thrilling and intimidating, especially for newcomers. Fortunately, a Forex demo account offers an excellent way to learn the ropes without risking real money. By using a demo …
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