XM Ultra Low Standard VS Micro Account
XM Group is a Forex trading company with a wide choice of trading tools and accounts to increase the features and possibilities for investors with the maximization of personalized and customized trade accounts. That is why during the 10 years of international trading experience, XM group has several account options such as XM ultra low, […]
How To Generate Passive Income With Cryptos
Is it too late to join the cryptocurrency revolution? As a society, we’ve heard about the HODLers who got on the crypto bandwagon early and held on for the long haul. More than one million dollars has been earned by early investors with minor contributions. But in the beginning, cryptography was unsure and understood by […]
What is the Easiest Forex Trading Hedging Strategy?
It goes without saying that there are hundreds of different Forex trading strategies, some of them focus on scalping or other types of short term trading, while others are more suited for the long term trading. However, it is important to keep in mind that regardless of the technique, none of them can guarantee a […]
What are Renko Charts and How Traders Can Use Them?
People who are familiar with technical analysis and Forex trading in general, are highly likely to know the basics of mountain and candlestick charts, displaying the price movements of different currency pairs. However, one thing many market participants are not yet familiar with is the Renko charts. Just like the ordinary candlesticks and Heiken Ashi […]
How Can Investors and Traders Use the Big Mac Index?
The Big Mac index, also known as BMI was first introduced by the British financial magazine ‘Economist’, back in 1986. Since then the index has been updated for at least once per year. In fact for the last several years, the Economist is now publishing those reports with a 6 month intervals. As the name […]
How to Trade Canadian Dollar with Oil Prices and Other Indicators?
Any trader with even a limited experience on the Forex market knows that some currencies are referred to as commodity currencies. The main reason behind this is the fact that some currencies in the Forex market are highly correlated with the prices of one or several commodities. One of the most obvious examples of this […]
Essentials of Trading Australian Dollar with Gold and Silver Prices
Any trader who has some experience in the Forex market is very likely to come across so-called commodity currencies. Those types of currencies are usually highly influenced by the price movements of particular commodities. For example, the Australian dollar is usually tied to gold and silver prices. The main reason for this is the fact […]
How do Policies of the US Federal Reserve Affect USD?
When looking at Forex economic calendars one thing traders can notice is that the monetary policy meetings and decisions by the US Federal Reserve are usually marked with high expected volatility. This is actually quite accurate in the majority of cases. In fact, during those events, the currency pairs which include USD tend to become […]
Are Dual and Triple Currency Deposits Similar to Forex Trading?
Every individual who has some basic understanding of banking knows how term deposits and certificates of deposit work. The principle is very simple, a client deposits a lump sum of money at the bank for a specific term, generally ranging from 3 months to 5 years. In exchange for lending money to the bank in […]
3 Key Benefits and Downsides of Trading Exotic Currencies in Forex
When it comes to Forex trading, some market participants might have a hard time deciding whether they should limit their trading to only major currencies, or alternatively open some positions with exotic currencies as well. There are indeed some valid points from both sides of the argument. Therefore, for traders to make an informed decision, […]
How does Deflation Affect Currencies in the Forex Market?
Inflation is essentially defined as a sustained increase in the general price levels. It goes without saying that the absolute majority of currencies in the world experience different degrees of inflation. The average CPI for most major economies is around 2% to 3% range. While inflation in the emerging market economies can be considerably higher. […]
How does the US PCE Index Differ from Traditional CPI?
The consumer price index, also known as CPI, is one of the most popular measures of inflation. It calculates the overall changes in the price levels by comparing the price changes in the basket of goods and services during the last 12 months. Now, considering that the majority of central banks around the world are […]
What is the US Prime Rate and How to Trade It?
According to the Wall Street Journal, the US prime rate is the base rate on corporate loans, published by at least 70% of the 10 largest banks in the United States. Generally speaking, as the name suggests, the prime rate also represents the interest rates at which the majority of US banks are lending money […]
How to Become Wealthy by Investing in the Stock Market?
One of the main reasons why many people start investing is that they hope that at some point in the future they might be able to become wealthy. However, there are also many individuals who are quite skeptical about the prospect of getting rich off investments. The fact of the matter is that they have […]
Can Forex Trading be a Full Time Job for Market Participants?
There are indeed thousands of traders who only trade part time. They usually have their own full time jobs and only devote an hour or some other specific amount of time to trading. However, the reality of the matter is that trading with a full time job can be an appealing prospect for many traders. […]