A Forex options when you buy the right - but not the obligation - to buy or sell a particular currency at a particular rate any time between now and the expiration date of the option. Let’s say you’re worried that the Japanese yen is going to drop in value sometime in the next six [...]
A successful trader in the foreign exchange (FOREX) market has to be a good decision-maker. In general, making effective decisions is a life skill many individuals somehow fail to perfect. As in other areas of life, a FOREX trader who continues to make bad or ineffective decisions will eventually suffer devastating consequences. This article breaks [...]
And the second is that Forex brokers have a vested interest in traders placing many trades on the short-term time frames. In fact, the Forex market is now the leader in size with over almost $2 trillion in currencies traded daily. “Fibonacci retracement levels” is a quite effective way to see the future (at [...]