What is Dow Jones?
What is Dow Jones? The Dow Jones index is the most famous stock index in the world. The official name of the Dow Jones Index is the Dow Jones Industrial Average. This index shows the price development of the 30 most important stocks on the New York Stock Exchange or...
Why traders lose money in Forex?
Why traders lose money in Forex? Why traders lose money in Forex? Let's face it, everyone is looking for easy ways to make money. Some people who have a lot of savings invest in companies or buy stocks of large companies. And still other people might take a gamble on...
Forex books for beginners.
Forex books for beginners. Forex books for beginners. There are a lot of free e-books out there, especially for the beginning Forex trader. In these books you will learn the principles about forex trading. These books are therefore not of interest to experienced forex...
How to trade forex?
How to trade forex for beginners. Before we talk about how you can trade Forex, I will first tell you a bit more about what the Forex market is exactly. What is Forex? / How to trade forex. Forex is short for Foreign Exchange. Think of that moment at the airport when...
Forex Analyse / in Supply and Demand.
Forex Analyse / in Supply and Demand. Forex Analyse / in Supply and Demand. As many of you have known for a long time, I am a true Supply and Demand trader. Yet I am still often asked how exactly you make an analysis in Supply and Demand. Now I will give you an answer...
FX Demo account / Advantages & Disadvantages
FX Demo account / Advantages & Disadvantages. In this blog I will talk about the pros and cons of trading with a demo account. Many novice traders will often first start trading on a demo account before going live. It is of course very good that with a demo...
Smart Money Forex / What is Smart money trading?
Smart Money trading Forex Who are the Smart Money? When we talk about Smart Money we are talking about the biggest and smartest players in the market. We are talking about banks and institutional investors. (Also called Market Makers.) And when we talk about Smart...
Buying and selling in the forex market
Buying and selling in the forex market. Buying and selling in the forex market It is very important to understand the Buyers and Sellers aspect in the (forex) market. We as forex traders always want to beat the market. The so-called 'Beat the Markets'. First of all,...
Myfxbook forex / How to connect an account.
Myfxbook forex. Myfxbook is a very good website that offers various services. Handy tools, charts and a whole community of different traders. So it not only allows you to exchange strategies, but also copy transactions. And above all the ability to share the results...
How to trade EUR / USD?
How to trade EUR / USD? I think EUR / USD is one of the most traded pairs worldwide. I do not trade this pair that much, but that does not mean that it is not a nice pair to trade. The pair moves very differently than for example GBP / JPY and if you like a bit more...
How to use volume in Forex Trading?
How to use volume in Forex Trading? A handy tool that I often use when trading Supply and Demand is volume. Actually, I always have it there as confirmation for a possible trade. But what exactly does the volume indicator tell you and how do I use the volume in my...
Questions I Get Asked as a Forex Trader.
Questions I Get Asked as a Forex Trader. Every day I am inundated with questions in the email on instagram and other platforms. Therefore I am going to answer the most frequently asked questions today in this blog. Many questions also come from the beginners in the...
Supply and Demand simplified
Supply and Demand simplified It is very important in Forex trading that you understand the Supply and Demand aspect. But what exactly is Supply and Demand if you explain it very simply? And is Supply and Demand trading the same as Support and Resistance trading? I...
How to trade GBP/AUD?
How to trade GBP/AUD? How to trade GBP/AUD? The GBP / AUD pair is one of my favorite Forex pairs. GBP / AUD may not immediately be one of the easiest forex pairs to trade. And I certainly will not recommend this pair if you have just started trading Forex. But once...
How to trade US30?
How to trade US30? The US30 tracks the performance of the 30 largest companies traded on the New York Stock Exchange. Due to the nature of its composition, this index is often considered a benchmark of the overall performance of the US economy. I am personally a big...
How to trade Gold?
Many who know me know that I love to trade gold. I really love gold! If you learn to trade gold in the right way, you will not want anything else I can promise you. In this blog I will go into more detail about 'how to trade gold' and you may understand my love for...
Do Forex Traders pay tax?
Do Forex Traders pay tax? Do Forex Traders also have to pay tax is the question I get very often. My answer to that is yes also a Forex Trader pays taxes on his earned assets. This is of course different in every country and in some countries you do not pay tax, also...
How forex leverage works?
How forex leverage works? How forex leverage works? Leverage works by enabling a trader with a lot more money than they have on their trading account. Leverage is the use of borrowed money (called capital)Â to invest in a currency, stock, or security. The concept of...
How to handle a losing trade?
How to handle a losing trade? Let's face it we all know that every now and then we have to deal with a losing trade. And this is not bad at all and this is completely part of it. And if you have good risk management, it doesn't have to hurt at all. I think every...
Identifying momentum and structure in Supply and Demand.
Identifying momentum and structure in Supply and Demand. Identifying momentum and structure in Supply and Demand. Recognizing momentum and structure is very important to be able to trade correctly. In this blog I will tell you more about this and I also made a video...
Trends And Structure trading / Supply & Demand.
Trends And Structure trading Supply & Demand. The market moves in 3 structures: uptrend, downtrend and sideways. The whole market revolves around these three concepts - this is how the market can move. -Up Trend: If the trend goes up the Euro is worth more. -Down...
What is Stock Index and Index Trading
What is Index Trading? Stock indices catalyze the whole region's economy, particular sectors and in general. It shows how well a specific business sector is being established and what its potential is. So it is important to work with stock indices as a trading tool...
Tips For Beginner Forex Traders
Here are some tips which are very helpful for new beginner forex traders. Firstly accept as an unavoidable fact the risk of losing your capital. So each new trader should be aware that no one in the currency market is safe from losses. Holding gains above losses is...
Fibonacci Retracement in Forex Trading
What is Fibonacci? Let me start with a little more to tell about it. So the idea behind it is the very first thing that you need to know about the Fibonacci tool in trading. The inventor was Leonardo Pisano Bigollo. And he was an Italian mathematician more commonly...
What is forex trading and how does it work?
What is forex trading and how does it work? There are several reasons why anyone would turn to the forex market for investment. All the factors we've seen discussed over the years are profit, hobby, experience, gambling, and entertainment. Every investor starts out in...
Orders in Forex Trading / Opening Multiple Orders
The first open order is very exciting for many novice traders. And because many enter it with too little experience, it does not immediately benefit the novice trader. He has a powerful will to open one or even many other orders. Also called "over trading". So he...
What is spread in forex?
Firstly if a Forex trader executes a forex deal that a broker or market maker has quoted on. It usually means that a few pips will be paid away by the trader. So to be able to take on or close the forex position they want is called the spread. In short In quotations...
Forex Candlesticks / How to Read them?
Forex Candlesticks Forex Candlesticks / How to Read them? For any technical trader looking to gain a deeper understanding of how to read forex charts in general. I think learning to read candlestick charts is a great starting point. In the 18th century, Candlestick...
Volatile Markets / Trading Opportunities
Volatile Markets / Trading Opportunities. Volatile Markets / Trading Opportunities Forex traders consider volatility as one of the most relevant knowledge measures for decision-making on opening or closing trade positions. Actual price quotes, in fact, are constantly...
Correlation in Forex Trading
Correlation in Forex Trading What is the Correlation in Forex Trading? The statistical measure of how two different assets move in relation to each other is the correlation in finance. There is a positive correlation between assets tending to move in the same...
How to trade triangle pattern forex?
How to trade triangle pattern forex? What is the Triangle Chart Pattern? The triangle pattern is a particular figure created on the price chart. And usually it is recognized as, like the sides of a triangle, the tops and the bottoms of the price action move towards...
Forex Trading during Flat Markets
Flat Markets. Forex Trading during Flat Markets Markets are often continually oscillating between patterns and ranges. In flat markets, trend-following strategies take advantage of moving markets while swinging trading strategies perform best. Swing trading much of...
Forex news / Why you should be aware of International News?
Forex News Why you should be aware of International News? If you want to succeed as a forex trader you should always keep the news in mind. It will help you to protect and improve your investment by knowing what is happening. And not only in your own country but in...
What is volatility in Forex Trading?
What is volatility in Forex Trading? A currency is often described as 1 with a low volatility or with a high volatility. But what does volatility actually mean? Volatility in forex trading is a measure of the frequency and extent of changes in a currency’s value. So...
Exit Profitable Trades in Forex Trading
Exit Profitable Trades in Forex Trading. Exit Profitable Trades in Forex Trading. Many traders spend more time planning entrances than exits and considering them. Most seasoned traders agree that trading success depends on how a trader exits their trades, while proper...
Central Banks Forex Trading / What is the role?
Central Banks Forex Trading / What is the role? What is Central Banks Forex Trading? Central banks are at the center of every country's financial system since they are the authorities responsible for regulating the supply of money. And therefore for regulating the...
What is Reserve Currency? Forex Market
The reserve currency provides some benefits to the state national currency: the shortfall in the balance of payments can be compensated by improving the strength of the national currency in the world market. The reserve currency has a history of its own and has...
Why Forex Trading is About Probabilities?
Probabilities describe the probability of something happening. Trading probabilities are often discussed, but there is an abysmal capacity for humans to understand and calculate probabilities. Forex has much to do with risk analysis and probability. No single method...
Why Taking a Break Can Make You Better Forex Trader?
Forex trading is a career in which you can persuade yourself that you are never doing your job. There's always another chart to read, an economic report to digest, or to create or test a new trading strategy. When we think of trading, the first thing which comes to...
What is Hedging in Forex Trading
When a Forex trader enters a trade in order to protect a current or anticipated position from an unexpected change in forex rates that said to be a hedge in forex. When a forex trader enters the foreign currency market for the express intention of shielding exiting or...
Forex Trading During Crisis Times
The global economic crisis has become a key topic of debate not only among people engaged in financial activities but also among all segments of the population, as economic cataclysms have affected each person in one way or another. Someone's worried about inflation...
Supply and Demand Trading: A Beginner Forex Traders
What are Supply and Demand? What supply and demand are, in reality. In short: demand is how many consumers are in a particular market and how expensive an instrument they are able to purchase. Supply is how many buyers are in a market and how much an instrument they...
Why Non-Farm Payrolls NFP Affect the Forex Market
The reason why the NFP is so important is that in economic growth, work data drives momentum. Sentiment begins to gain traction as jobs are made, and customers will start spending more freely. Since consumer spending drives almost two-thirds of domestic product growth...
How to Maximize Profit in Forex Trading
Nowadays, Forex trading is becoming the most common way to earn extra cash from home, but people rarely know how to optimize its advantages and efficiently reduce its risks enough to achieve success. and maximize profit. It is assumed that forex trading is one of the...
Difference Between Technical and Fundamental Trading in Forex
The two major schools of thinking in financial markets are technical analysis and fundamental analysis. Technical analysis looks at a security's price movement and uses this information to estimate the potential price movements. On the other hand, fundamental analysis...
Profitable Mindset in Forex Trading
Forex trading is not only about mastering which technical indicators to use or when to join or exit a trade, it is also about mastering your own psyche and mindset. Most experts believe that cultivating a successful trading mentality is one of the most critical...
Forex Trading Education | Learn to Trade
The starting point for any good trader is to have a strong forex trading education. You need a good education that will serve as the basis for your trading career, no matter where you want to go or what you want to do with your forex trading. Nearly all...
How Gold Affect the Forex Market
Not only among individuals but also through the nation's Gold market is a symbolism of wealth and rank. There's a notion that it can provide financial stability when one acquires gold. There is more to gold than simply being a desirable asset, however, since it also...
Why you should keep your trading simple
It's no big secret that when trading the forex market, you need to have an objective and calm mentality, but many traders find it very difficult to achieve such a mentality by using confusing and complicated trading methods. A simple approach keeps your mind open and...
Equity in Forex Trading Account
What is Equity in Forex? In forex trading, the equity term refers to the overall value of a trader's account after all open positions in the equation have been factored in. If the trader has active trading positions, the leverage on the forex account is essentially...
