Using an economic calendar can help you to keep track of key events that affect the economy, such as the latest monetary policy decisions. These events are generally announced and can be very important to the financial markets. Using an economic calendar will also help you to understand when there is a high probability of … Continue reading "The Importance of an Economic Calendar"
Whether you are an amateur trader or a professional, you can take advantage of forex trading. With forex trading, you can buy and sell different currencies at current rates. The foreign exchange market is an over-the-counter market, meaning that it is a decentralized market. This market is a global market, determining foreign exchange rates for … Continue reading "How to Take Advantage of Forex Trading"
Oil analysis involves evaluating the physical and chemical properties of crude oil. This process is done with equipment such as hydrometers, Ubbelohde viscometers, and automatic pour point/cloud point testers. It can also involve chemical analysis involving a X-ray fluorescence sulfur content analyzer and a distillation gas chromatograph. Analysis for oil can be used to identify … Continue reading "Analysis For Oil"
An economic calendar tracks market-moving events that affect the financial markets. These events include monetary policy decisions and economic indicators. Investors use economic calendars to follow these events because they have a high probability of impacting the financial markets. Below are some examples of market-moving events. In addition to these, there are also events that … Continue reading "How an Economic Calendar Affects EUR/USD Trading"
The vast majority of trades in Forex trading are not practical. These are speculative investments that seek to profit from currency fluctuations. A lot of the forex market‘s activity is conducted in pairs. This means that all currencies can’t go up or down at the same time. This makes timing critical to successful currency trading. … Continue reading "How to Open a Forex Trading Account"
Oil analysis is performed to determine the chemical and physical properties of crude oil. This includes the viscosity and the moisture content of the oil. It also includes other tests, such as FTIR spectroscopy or particle count. The tests performed are dependent on the originating component and environmental conditions. These tests often include chemical analysis, … Continue reading "The Importance of Oil Analysis"
When you trade currencies on the Forex market, you are entering a contract to buy or sell a currency for a future date at a fixed exchange rate. This is known as a long position. The trade is complete when you sell the currency back to the market for a higher price than you paid … Continue reading "What is Forex Trading?"
The Economic Calendar is a tool that investors use to keep track of market-moving events. These events include monetary policy decisions and economic indicators. These events are typically announced in advance, and they have a high probability of having a significant impact on the financial markets. By keeping track of these events, investors can make … Continue reading "The Economic Calendar and Its Importance for Trading EUR/USD"
Forex trading involves the exchange of currencies. Retail traders buy and sell one currency with the hope that the value of the other currency will increase. Trades are carried out in pairs; for example, buying the Euro against the US dollar. The changes in price can be profitable for traders who can correctly predict market … Continue reading "How to Get Started in Forex Trading"
Forex trading is the business of trading currencies. It is an ancient market as old as national currencies and has grown to become one of the largest financial markets on the planet. However, it has only been recently that the forex market has become widely available to the public. Whether you are interested in making … Continue reading "A Beginner’s Guide to Forex Trading"