Author: Kitae Jung

  • Checklist before Starting Day Trading Forex

    Forex Day Trading Explained Day trading forex is often used as a tool to avoid the fees for keeping a position for a longer period of time. These fees are also known as Swaps which is some cases are positive. The strategy of acquiring assets with positive Swaps is known as Carry Trade. Forex day […]

  • Forex Trading in 2019 – Expectations and Industry Trends

    2018, without a doubt, was indeed a great year for the forex industry as consistent growth and investment were witnessed. The analysts are also of the view the industry is heading in the right direction where legitimate trading environment would be available for the traders. Last year, there was a clear change in the industry […]

  • MetaTrader 4 – Complete Guide for Newbies

    In the world of forex trading, the opportunities are immense yet it is difficult to cling on the right one and make the most of it. You need the help of certain tools or charts that can allow you to make the right decision at the right time. Since technology has advanced to a certain […]

  • Automated Trading – Is it Worth Your Time & Consideration?

    •If you have been in the trading market for a long time, you might have come across this term automated trading. Automated trading platforms have really turned the world of trading upside down and over the past few years, there have been many new automated trading platforms that are making trading more profitable. Those who […]

  • Gold Price Near major ressistance, NFP Data will decide the trend

    Today’s Key Highlights Gold price started an upside correction from $1,266 against the US Dollar. There is a major bearish trend line forming with resistance near $1,292 on the 4-hours chart of XAU/USD. The US Pending Home Sales increased 3.8% in March 2019, more than the 1.1% forecast. The Fed Interest Rate Decision is scheduled […]

  • Dollar stable near two-year high, US GDP awaited

    The dollar held its own and closed on a two-year high against its peers on Friday. Data showed strong U.S. Capital goods orders, while the anticipated first-quarter GDP report to be released later in the day was expected to reinforce the bullishness. The dollar index stood at 98.123 after advancing to 98.322 on Thursday, its […]

  • Bank of Canada will maintain overnight rate target at 1 ¾ per cent

    The Bank of Canada on 25th April will maintained its target for the high rate at ¾ per cent. The bank discount is correspondingly a pair of percent, and also the deposit rate is ½ percent. The global economic process has slowed by over the Bank forecast in its Monetary Policy Report (MPR). In progress […]

  • What is Forex Option Trading? Know about Trading Strategies and how its Different from Traditional Trading Part 2

    Strategy to Maximize the Profits through Currency Option Trading When it comes to currency option trading, there is a misconception that the options can give a massive boost to the profits. It may be true to some extent but statistics suggest that more than 90% of the currency options expire and become worthless. These statistics […]

  • cTrader Review –Features, Pros & Cons, and More Part 3

        What I Like About cTrader Since we have discussed all the features of cTrader, we can easily ascertain the things that I like about the platform. To begin with, demo account is quite useful especially for new forex traders. As we all know that forex trading is a highly risky activity, it is […]

  • cTrader Review –Features, Pros & Cons, and More Part 2

      Immediate Orders On the left side of the platform, there is a vertical column that contains a list of currency pairs or other instruments along with bid/ask quotes. This column is quite similar to MetaTrader’s Market Watch window. By clicking on any currency pair or other instruments, you can place an immediate order. This […]