It is a type of trading which combines fundamental and technical analysis to catch the most significant price movements and avoid trading at idle times.
Are you a Swing Trader? Read about this here and identify what type of trader are you.
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The US labor market figure will be out at 15:30 MT time on August 3. Notice that it is not the only release that will come out at this time. It will be accompanied by the publication of Average Hourly Earnings and Unemployment Rate.
The feature of the indicator is that it’s very difficult to forecast the actual data. As a result, NFP always causes high volatility in the market.
Follow this event on the FBS Economic Calendar.
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Every trader has his “favorite” currency. If you prefer trading currency pairs containing EUR, you’d probably be interested in reading “The trader’s guide to the euro area” written by – David Powell.
With this information, you will be able to analyze the recent economic developments in the euro area and predict which impact they may have on your financial assets.
The author explains:
How the variations in the headlines of the Eurozone economic releases may influence the exchange rate of the euro. The measures undertaken by the ECB to overcome the consequences of the crisis. The transmission channels of the ECB monetary policies. You will know not only about the trade relating aspects of the euro area but also about the analytical tools for GBP, CHF, NOK currencies. Multiply your profit ��Trade Euro pairs with FBS ▶ www.fbs.com?utm_source=forum&utm_me...sh&utm_content=Sebastian_TradingBook_Carigold
On Forex market, the value of a currency is given in pips. Pip is an acronym of “Percentage in Point”. It represents the smallest change an exchange rate can make.
Learn more with FBS and trade responsibly.
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When a person comes to a market, he/she has a plenty of questions: how to start trading, how to open an account, which strategy to choose, what indicators to use and more. We are sure, you had the same questions or maybe you still have them. You can find the basic information for beginner traders in this article.
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Bollinger bands represent another useful tool for trend determination. It’s no brainer that if prices decide to trend, they don’t move in a straight line, but deviate to the sides. Read our article and learn more about Bollinger Bands - Make your strategies strong!
Have you ever heard about one of the most mysterious and successful traders of all times – William Gann? He is well-known for using geometry, astrology and ancient mathematic to predict the movement of quotes in the financial markets. Learn about this interesting indicator in this article.
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Divergence is one of the most efficient trading concepts that offer reliable high-quality trading signals. The most curious thing is that it owes its accuracy to the lagging action of oscillators.
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On Forex, we have some important terms: They are Bid and Ask. The price we pay to buy the pair or any other instrument is called Ask, it is always slightly above the market price. The price, at which we sell the pair on Forex, is called Bid. It is always slightly below the market price.
Learn more with FBS and trade responsibly.
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Have you ever thought about whether to keep a trade open over the weekend? If yes, was a decision like this always profitable for you? If not, maybe you should put off doubts and fears and try it? We have gathered the information you should know about keeping trades over the weekend in this interesting article.
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