Business Account

  • Simple Foreign Exchange Trading Tips And Strategies

    You have probably heard about forex. You can invest money in a foreign currency and wait until the value of this currency goes up to make a profit. The forex market is much safer and more predictable than the stock exchange market, which is why many people can make money through it. These tips should help you understand more about forex.

    When you are just starting your journey into the Forex market, do not try to stand against market trends. Taking a contrarian position against the overall momentum of the market can – occasionally – pay off, but the patience and investment required to make it so are quite beyond the neophyte Forex trader.

    To be successful in forex trading, begin with a small sum of money as well as low leverage, and add to your account as you generate profit. A larger account will not necessarily allow you to …

  • Three simple technique to master price action trading strategy

    Price action trading strategy is widely popular among the retail traders. Starting from the professional ending with the expert traders, everyone prefers price action trading system due to its high level of reliability and simplicity. This system is based on the formations of the Japanese candlestick pattern and the professional traders use them to trade the key support and resistance level. Understanding all the complex price action signal is a very challenging task for the novice traders. It’s very easy to get confused and make a deadly mistake in live trading. But if you know the psychology behind the formation of each candlestick everything will become crystal clear to you.

    Before you start learning the price action trading system, you have to gain clear knowledge about the support and resistance level. Support and resistance level are often considered as the most important element in currency trading. You can’t make any …