Tag: forex

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25 Apr 2020

The Foreign Exchange Market and Inflation

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Income and the price of products are vastly different to what they are today. Mars Bars in the UK cost 29p in 2000, though cost 60p today. The median annual earnings for full-time employees in the UK was approximately £30,000 in 2019, while in 2000 employees took around £19,000[1]. This is largely due to inflation. … Continue reading The Foreign Exchange Market and Inflation

28 Jan 2020

How to Build a Forex Trading Plan: A Compilation of Parts 1-4.

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Without a trading plan, successful trading is unlikely – you’re effectively driving blind.

The problem is new traders fail to recognise the significance of a trading plan. This may address why many traders find it difficult to accomplish their goals in this business.

01 Oct 2019

5 Common Trading Errors and How to Avoid Them

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Over the years technology has revolutionised our world, creating irreplaceable tools and putting useful information at our fingertips. Thanks to these technological advances, it’s easier than ever before to participate in the financial markets. Despite this, novice traders remain vulnerable to costly mistakes. While some trading mistakes are expected, it is vital you don’t make … Continue reading 5 Common Trading Errors and How to Avoid Them

09 Jul 2019

A Primer to Understanding Basic Chart Patterns

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Do technical trading patterns exist and are they profitable? This is a question often asked by new traders. Depending on who you ask, the response will differ. Some academics and investors believe patterns don’t exist – that price action is entirely random, whereas the majority of technical analysts are adamant chart patterns exist and are … Continue reading A Primer to Understanding Basic Chart Patterns