There are two primary ways to become a more successful Forex trader - to practice, and to learn about the industry.
At DailyForex, our goal is to simplify your trading so that you can trade easily and smartly. To this end, we offer you a collection practical articles written by our Forex experts to help maximize your trading success.
You can also browse our articles by category to find information and trading strategies that can help you improve your profitability and enhance your trading experience.
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Forex Correlation is the measured relationship between two currencies over a period of time.
Many experts recommend the use and maintenance of a Trading Diary because it will enhance your ability to trade the Forex Market more successfully.
You are well advised to select a broker who can provide you with first class streaming news, market commentary, real-time charting and live forex rates through a well designed trading station.
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This article explains the basics of spreads in the Forex market.
Unfortunately, Forex trading does not contain any easily accessible secrets that will bring you instant success.
You will need to trade your Forex system consistently over long periods of time if you want to achieve significant profits.
The more information and understanding that you can gain about a currency pair will considerably increase your chances of trading it successfully.
This course will allow you to experiment in small increments of risk rather than jumping into a new system before knowing exactly what you are doing.
There are two main trading sources that comprise the daily Forex turnover. The Foreign trade represents only five percent and results from companies buying and selling their products in foreign countries
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As the Forex Market is so big, there must be room within it for you to make a profit especially as there are so many so-called great trading tools and techniques available.
Without question, Forex trading is a very difficult subject to master and you can easily lose your entire budget quite quickly unless you exercise extreme caution.
This article explains how to use the ADX technical indicator in your Forex trading.
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Sign up to get the latest market updates and free signals directly to your inbox.The trading pundits say that to be a successful trader, you must control your emotions. The general consensus seems to be that on the road to trading profitability, your emotions are your biggest enemy
You decide to take a long trade on the euro and then hear news which could impact it negatively. What are you likely to do in that situation?
Diamond patterns, rare but frequently profitable, are a combination of a broadening pattern and a triangle.