Forex trading is a profitable endeavor for both experienced and new traders alike. While it is easy to become overwhelmed and confused at the prospect of trading the currency market, there are a few things to keep in mind. The main thing to remember is that trading involves risk. If you want to maximize your…
Factors That Affect the AUDUSD
In this article, I will explain the various factors that affect the AUDUSD pair. As a rule, the AUDUSD is stronger against other major currencies. There are two major headwinds for the AUDUSD: China and the RBA. China is the largest consumer of Australian exports and its massive growth coincides with the strength of the…
The Advantages of Bitcoin Trading at Forex
One of the best ways to invest in bitcoin is to use the Forex exchange, as it is the safest and cheapest way. If you do not want to buy bitcoin outright, you can buy it using CFDs, such as those offered by IG. Bitcoin CFDs are perfect for high-volume traders, because you don’t have…
Types of Forex Accounts For Beginners and Forex Professionals
There are many different types of forex accounts available. For example, a beginner should consider a micro account, while a professional should opt for a standard account. The difference between micro and standard accounts is the minimum investment requirement, so micro accounts are good for beginner traders who want to control their risk. A standard…
How to Trade the AUDUSD
The AUDUSD is a major risk-linked currency, and it is particularly sensitive to broad-based market sentiment. The AUD/USD tends to move higher during market conditions that are favorable for the country, and to depreciate during times of general market headwind. The currency’s volatility may also be influenced by the price of Australia’s main commodity exports….
How to Succeed in Bitcoin Trading at Forex
For many people, Bitcoin trading at Forex is not an easy feat. But there are certain tools you should know about in order to succeed. For example, there are various indicators you can use to determine the direction of the market and predict the price movement. Using these tools, you can profit from the volatility…
Forex Trading Accounts – How to Choose the Right One For You
Having multiple trading accounts at your fingertips can be a great way to start trading the currency markets. Many brokers offer micro and standard accounts, and the first type of account is suitable for small investors with limited funds. Micro accounts have low minimum deposits and are a good choice for amateur traders. A standard…
How to Choose the Right Forex Account for Your Trading Needs
Forex accounts are different from traditional banking accounts, but they share some common features. Many of them include business newswire services. These news feeds appear on your trading platform or on the broker’s website. Other types of accounts feature their own market-related news feeds. To find the perfect forex account for your trading needs, you…
How Volatility Affects the AUDUSD
The AUD/USD currency pair has a high volatility and it can move in large and small swings depending on a variety of factors. The Federal Reserve is the central bank in the United States, and its mission is to maintain price stability and structural unemployment. The Federal Reserve can intervene in the market to maintain…
How to Make Money Trading Bitcoin at Forex
If you’re interested in making money with Bitcoin, consider the risks and rewards of trading it. While the price of Bitcoin is unpredictable, it can be purchased through exchanges and held for a longer period of time. If you’re looking to invest in Bitcoin, you should look for a reputable broker with at least five…