Fat Finger

Trading session is the time between the market open and close during which trades take place. In the forex market, trading sessions are less specific when compared to the stock market as it effectively trades 24 hours and the market is only closed during the weekend.

Forex (FX for short) is the market where currencies are traded against each other. It is one of the most popular markets to trade, especially for a beginner. It is easy to start trading with a relatively small account with a wide range of brokers that offer competitive trading commission.

All profit opportunities in global markets carry a certain amount of risk, and the Forex market is no different in this regard.

To a beginner, forex trading could seem to be a simple way to make quick money. All you have to do is to buy a currency at one price and sell it when its value rises. You’ll make a profit as long as your winning trades outnumber the losing ones.

In trading, there is a point where traders enter and exit trades. The operation of entry and exit can be performed in different ways. Some of the widely used order types include market order, limit/pending order, buy/sell stop order, stop-loss order, and trailing stop-loss order.

Believe it or not, forex strategies don’t have to be insanely complicated to make money. With this simple 3 moving averages forex strategy, we’ll help you keep things simple and put you on the path to becoming a consistently profitable forex trader.

Although it might seem irrelevant to newbies, knowing when forex markets work is a very important part of an investor’s planning and strategy. Knowing that the market works five days a week, across the world is great, but that doesn’t mean you can trade any pair at any random time and expect to make a profit.

Over the past 12 months, Forex trading has seen a bit of a renaissance, with lots of Forex trading firms and projects taking hold among the community. It looks almost as if the market had suddenly become popular and everyone was jumping in, with more people taking to day trading.

The forex market is almost a mythical attraction to people who want to quit their day jobs and spend their days making easy money by clicking buttons on a PC. It’s easy to invest in forex, and best of all, there’s so much money to make here for those who know what to do.

While, technically speaking, forex trading is all about knowing what to trade and when, the truth here appears a bit more complex. While we may have the knowledge and be good at something, if we happen to lack motivation, then the potential to succeed is diminished.