A Brief Guide To Short-Term Forex Trading Strategies
Short-term forex trading approaches offer us a number of attractive benefits. These include the opportunity to make money by placing short and long positions within a single trend; to exit a position in the evening and not worry about the portfolio while the market is closed; to trade with a fairly low starting capital. Nevertheless, when starting short-term trading, one must know its basic styles, which include pipsing, scalping, intraday, and swing trading.
Donchian Channel Indicator: The Complete a Trader's Guide
Channel forex trading strategies are very popular among traders. This fact is because the channel within which the quotes move is regularly formed on any instrument, any time frame, and can be used in a variety of ways (breakout strategy, rebound strategy, etc.) as a ready-made trading tactic.
How to Use the DeMarker Oscillator in Trading
Almost all indicator strategies are based on the complex application of analytical tools. Today we will talk about the Thomas DeMark oscillator (DeMarker), which can be an effective addition to any trading strategy. What is the DeMarker Oscillator? The DeMarker indicator was developed by Thomas R. DeMark, a prominent trading theorist, and practitioner, and is described in his book The New Science of Technical Analysis.
How to Choose Leverage in Forex Trading
The use of leverage in forex trading can significantly increase the trader's profit, but it also carries a considerable risk of loss. But it is worth remembering that the risk is a controllable and calculable value. This allows the trader to maximize his profits from the used leverage and at the same time to keep the risk at a comfortable level.
Testing and Evaluation of Trading System Efficiency
Testing of created rules is the most important and responsible stage, as a trader's future depends on the results of testing. Testing of trading system rules can be done manually or use a special program. The manual test takes more time than the computer one. Testing in the program allows faster selection of optimal parameters for indicators, but only those rules can be tested and programmed, which requires special knowledge. The manual test allows a better feeling of the market and the principle of working according to the rules of trading strategy.
What Is a Short Position?
In exchanges, one earns not only on the rise but also on the collapse of quotes. This amazing strategy is used by "bears" - traders who benefit from the "sinking" of securities and other assets. Because of the high speed of collapses relative to long rises, these operations are also called "shorts", "short positions" or "short selling". During crises, short positions make it easy and fast to make a fortune. In 1992 the well-known American trader George Soros and his partners from the Quantum Fund analyzed the currency market and noted that the pound sterling was unstable.
What is Economic Growth And What Does It Have to Do With Inflation?
If a country's economy is growing, it means its citizens' standard of living is also growing. Or does it? Let's find out what gross domestic product is, how it relates to economic growth and living standards, and what inflation has to do with it. What is Economic Growth?
Trading with Forex Oscillators
In forex trading the price can be in one of two states – either trending or flat (sideways trend, range). Trading during a stable trend, the trader sees that all trend indicators confirm the movement. Trading at such moments is easy and profitable. But when a pause occurs or the trend is over, what then? It is more difficult to trade in the flat. Namely, the forex oscillators are used for analyzing the flat. This is what we will talk about today.
Trading the Non-Farm Payrolls Report
Fundamental analysis, which is very popular among traders dealing with stocks and other securities at the stock exchange, lends itself to well-founded criticism from traders of the forex market. The main reason is that influence of financial statements on the price of one stock cannot be compared to the influence of certain news on the national currency rate of the whole country.
Market Collapse in 2023: Reasons and Prospects
The year 2022 is coming to an end, markets continue their downward movement, the Fed does not cease its hawkish rhetoric... The list of such negative factors could go on for a long time. Perhaps the average investor and trader is not interested in all of this, but something more specific - forecasts, expectations, specific numbers. As part of our pre-New Year's review, which wraps up this turbulent year of 2022, we will try to share our expectations and thoughts with you.