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…
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,…
As you probably know, forex is traded in currency pairs. This is a dynamic interplay of values, representing the exchange rate between the two currencies in the pair. The first one is called BASE currency, while the second one is QUOTE. The exchange rate indicates how much of the quote currency is needed to purchase…
In simple terms, a forex trading strategy is the decision-making process that determines if and when you buy a currency pair. Usually, these strategies are based on technical or fundamental analysis. In saying that, trading strategies come in many shapes and forms and there’s an endless list you can choose from depending on your experience,…