How do you know when to buy or sell a currency pair? Trading in the Forex market is not easy. You need to have a lot of experience and knowledge in this area to execute any financial transaction. In reality, trading on Forex is like buying or selling currencies on a trading platform. The Forex […]
Author: My FX Education
2.01 How to Make Money Trading Forex
How to Make Money Trading Forex The Forex market, the most liquid financial market in the globe with greater future projection, possessing a growth share of more than 150% trades on a daily volume of $5 trillion. Despite the high daily trading volume that is negotiated, nobody believes that making money in the Forex market […]
2.00 How do you Trade Forex?
How do you Trade Forex? In comparison with other financial markets, the Forex market has neither a physical location nor a central stock exchange. It operates around the clock through a global network of private traders, corporations, and network of banks. This implies that the exchange rates constantly fluctuate and hence offer a variety of […]
1.23 The Best Days of the Week to Trade Forex
What is the Best Day to Trade the Forex Market The Forex market is open 24 hours a day, 5 days a week. This, however does not imply that volatility remains constant at all times. There are certain days of the week which currency prices move above others. If you seek to increase your profits […]
1.22 The Best Times to Trade the Forex Market
When is the Best Time to Trade the Forex Market Once you know how to trade in the Forex market, you might be wondering when the best times to trade are. The forex market is open 24 hours a day; hence, determining the optimal trading hours is hard. This problem is infuriated by the fact […]
1.21 Forex Trading Sessions
Forex Trading Sessions Now that you know what Forex is, why you should trade the forex market and what makes up the forex market, it’s time to understand the Forex trading sessions. It is true that the forex market is open 24 hours a day, but that does not signify it is still active all […]
1.20 When can you Trade the Forex Market?
When can you Trade the Forex Market The Forex market is highly complex, many active players here and there with their own mechanisms and laws for the development of the markets. How the entire system works, experienced analysts and scientists have long been trying to decipher completely but, only with limited success. For the individual […]
1.13 History of the Forex Market
History of the Forex Market The Forex market dates back to the 1880s and has gone through some important changes over the years to evolve into the dynamic commercial market it is today. The early days of the currency were established on the value of silver and gold, which supplied a constant pattern for trading […]
1.12 The Forex Market’s Big Players
The Forex Market’s Big Players In general, any individual carrying out an operation or transaction directly or indirectly affecting the Forex market is thought-out to be a full player in this market, whether or not he is deliberately involved in this market. The key players in the Forex market consist of large institutions in addition […]
1.11 How the Forex Market is Structured
How the Forex Market is Structured Banks, brokers, companies, hedge funds, market makers, etc. All are present in the forex market. Let’s have a closer look at how the forex market is structured. For you to have a better idea, we will take a look at the market that many are very familiar with: the […]