Sometimes it feels that most forex brokers are each others’ clones, offering the same features and platforms. Yet, there are the strong few coming up with their truly unique features that go above and beyond the usual marketing fluff. EasyMarkets, for example, let’s you undo your losing trades. Meet dealCancellation by EasyMarkets One of the…
Fibonacci Retracement is one of the most popular methods in technical analysis, used for predicting market movements in Forex markets. It has a vast history behind it. The name is derived from an Italian mathematician Leonardo Pisano with the nickname Fibonacci. Born in the Republic of Pisa (hence the name) around 1170, Leonardo Pisano was…
First week of the month for forex and cfd traders is usually capped off with the NFP (nonfarm payrolls) release. This week is no exception. According to the news released just now, the US economy added 142,000 jobs in August, below the expected 164,000, but up from July’s revised 89,000 (originally announced as 116,000). These…
2024 is not shaping up to be an easy year for the world in many aspects, including CFD trading and financial markets in general. And as we enter autumn, things will get even more complex, from the Fed interest rates decisions and the US Presidential election, to the wars and conflicts around the world. So,…
Forex trading is an equal opportunity vertical. There are no exams, no prerequisites, no prior experience needed to start trading. All you have to possess is the willingness to learn, the passion, and the drive to absorb as much forex knowledge as possible. While the gates are open to anyone who wishes to join, prospective…
Leverage is the key feature of CFD trading that makes it so popular with traders worldwide. Be it forex trading, crypto, or stocks, leverage makes financial markets available for the wider public who only have to pay a fraction of the price. What is Leverage Leverage is a feature that allows traders to open positions…
Trading psychology is one of the most significant factors determining success vs. failure in forex trading. Intense emotional states such as fear, panic, and greed can overpower any trading strategy and determine the outcome of your trades. Learning how to command your emotional states through the ups and downs of forex trading could prove to…