Last Week Recap Major indices lock in the 4th straight week of gains. Major indices close mixed The primary US indices are concluding the day with mixed results, with the Dow performing better. The broader S&P remains largely unchanged, while the Nasdaq, focused on technology stocks, is experiencing a slight decline. The final numbers are…
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7 ICT Concepts for Successful Forex Trading – The Full Course Package
In this blog post, I will write about the core concepts of ICT Concepts (Inner Circle Trader) and how they can empower you on your forex trading journey. ICT’s teachings are renowned for their depth and applicability, so let’s dive right in. What are ICT Concepts (Inner Circle Trader) ICT concepts trading strategy incorporates two…
Safe-Haven Assets: A Guide to Trading Them
What are Safe-Haven Assets In the world of forex trading, understanding the significance of safe-haven assets is important. These assets act as safety when economic downturns strike, providing shelter for traders and investors when equities struggle. Safe-haven assets, whether they are in the form of currencies, stocks, gold, or US Treasuries, possess a unique characteristic…
7 Major Forex Scams & How to Avoid Them (2023)
What are forex scams? Forex trading has the potential to be a lucrative investment opportunity, but it’s important to remain vigilant against potential forex scams. Unfortunately, some unscrupulous individuals seek to take advantage of unsuspecting investors through deceitful tactics such as unregulated brokers and questionable signal providers. To safeguard your investments, it’s crucial to remain…
6 Types of Forex Traders – What Trader are you?
Introduction To succeed in forex trading, choosing the right approach for your style is crucial. Depending on whether you prefer the high-energy pace of day trading or the steady, long-term approach of position trading, there are various types of forex traders to consider. By reading on, discover more about the different styles of traders in…
Master Forex News Trading Strategy: Part 1 | Increase Profits
Why trade forex news? Many traders find it advantageous to trade forex news trading because it is a time when the market experiences significant fluctuations due to high volatility. The economic data releases that drive these movements are commonly referred to as forex news and include indicators such as GDP, NFP, CPI, US Interest Rates,…
How To Trade Gold in Forex For Beginners: 101 Basic Guide For Beginners
What is gold trading? Gold trading is the practice of speculating on the price of gold markets in order to make a profit – usually via futures, options, spot prices, or shares and exchange-traded funds (ETFs). Usually, physical gold bars or coins are not handled during the transaction; instead, it is settled in cash. Gold…
Best 8 Ways To Get Funding For Forex Trading? Personal or Prop Firms?
Looking for how to get funding for forex trading? In my previous post 9 Key Forex Trading Factors That Will Determine Your Initial Capital, there are several factors that you will need to consider and determine the size of your trading capital. Now, to answer the question most new forex traders face and sometimes faced…
9 Key Forex Trading Factors That Will Determine Your Initial Capital
As you may already know, engaging in forex trading involves having a certain amount of capital. But, how do you go about figuring out the necessary amount of capital to begin your forex journey and where to obtain it? Before investing money into Forex trading, you need to practice your strategies and backtest on a…
The Secrets of Forex Candlesticks: Your Guide to Analyzing Price Movements
Introduction I once read somewhere that; trading without candlestick patterns is a lot like flying in the night with no visibility. Sure, it is doable, but it requires special training and expertise. The world of forex trading can be complex and daunting, filled with intricate charts and indicators. However, amidst this complexity, one tool has…