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Choose a Timeframe: Start by selecting a timeframe that suits your trading style. Common options include 1-hour, 4-hour, and daily charts.
Identify the Trend: Use technical indicators such as moving averages (e.g., 50-day and 200-day) to identify the overall trend direction. For an uptrend, the...
Check out the following reasons and consider if Forex trading on a virtual private network instead of using regular hardware may be right for you.
With the use of Forex VPS hosting, you can access your virtual platform by using a network connection. This allows you to trade very simply from...
Finally bought Forex Fury and although its only been a week since ive had it the results were impressive! Installation was pretty straight forward and off i went. I trade the London so had quite a number of trades, although several wins were used up by a couple of losses. i set the default...
Interest Rates – Shows the cost of borrowing money, set by central banks or other monetary authorities.
Gross Domestic Product (GDP) – Measures the total value of goods and services produced within a country's borders in a given period.
Consumer Price Index (CPI) – Tracks the average...
There are two main ways to analyze Forex: technical and fundamental analysis. Technical analysis predicts trends based on historical data and indicators, while fundamental analysis relies on news, statistical data, and events. Among the crucial factors that affect these two methods and the Forex...
Hi All!
I hope you all are fine and doing well. I am a forex trader from last 5 years having IT background. I am making / developing forex software and plugins.
Recently I have developed forex compounding calculator. The client is very satisfied as his visitors are quite happy.
I also...
Looking for news sources and information on forex fundamental analysis as well as forum discussions that discuss on central banks actions. Please share, thanks much.
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