Education

How to navigate a path through an upcoming risk event A risk event is any market event that the market is anticipating. For example, this could be an anticipated rate statement, a speech from a central banker, or a long awaited trade deal announcement like Brexit or Nafta. There are two key ways to trade
The greater fool theory explains almost every bubble Some things have an intrinsic value. The most-obvious example is a stock with a dividend. The absolute floor for an equity is its dividend and so long as their is a profitable business behind it, the value is a multiple of that dividend. Other things don’t have
How focused are you on anticipating your forex trades?  It makes a huge difference. In many things in life, you can often find ways to anticipate what might happen next. In essence, you see the future.  Athletes do it all the time. The best athletes anticipate what will happen next. Animators – who bring cartoons
Five patterns for new forex traders Being new to trading forex can often feel like wading out into dark choppy waters. It’s intimidating, unknown and overwhelming. Continuing the water metaphor, the internet is sea of information regarding trading, reading charts and extrapolating information from them. Figuring out the best indicators for your strategy and trading
How focused are you on anticipating your forex trades? In many things in life, you can often find ways to anticipate what might happen next. In essence, you see the future.  Athletes do it all the time. The best athletes anticipate what will happen next. Animators – who bring cartoons to life – also use
How to trade TRY The Turkish Lira has fallen dramatically in recent weeks. The Lira is down over 30% on the year and it had a 16% drop on just the 10th of August alone. One of the key reasons for the implosion of the economy has been Turkey’s current account deficit. This simply means
What does it take to be a trader If you are a successful part time trader eventually you will ask yourself the question – “Could I do this professionally?”. If you have a proven track record with a solid strategy and a viable risk/reward ratio in place – theoretically you should be able to “go
Platform review You can trade with confidence at UFX.com as it is a fully regulated broker licensed in the European Union and governed by the Cyprus Securities and Exchange Commission (CYSEC). It employs rigorous safety practices and adheres to the MiFID (Markets in Financial Instruments Directive).  It has recently been audited by the prestigious Pricewaterhouse
Climbing the path of improvement All of us want to keep improving in our trading, so how can we keep continuously developing? We achieve this by building on our strengths and working on or around our weaknesses.   The first thing to do is to be brutally honest with yourself and reviews these key areas:
Winning and Losing in the Markets How do you handle the stress of trading? Have you ever felt like throwing your computer out of the window with a losing trade? Or have you ever felt the elation of a winning trade that’s run and run? Woohoo , Warren Buffet watch out, here I come. And then you
Technical techniques for following the trend If you have been trading for any amount of time, you have likely read about trend following – which can be used as a forex trading strategy. Is it truly the allegorical Holy Grail of trading? Let’s dive deeper into Trend Following and see if it lives up to
Dealing with negative trading thoughts Trading is an emotional pursuit. You can lose a few trades and become depressed. Or have a winning streak and think you are the world’s best trader. When we are engaged in the markets we have hundreds of different thoughts and beliefs. If we are feeling down that emotion is
The Old Lady of Threadneedle Street The Bank of England has been at the same location in the hear of the City of London since 1734. The stone complex fills an entire block with its entrance on Threadneedle St. It’s nickname came from this 1797 James Gillray cartoon that shows the Prime Minister — William
All time highs reached for the broad indices Both the S&P and the Nasdaq are ending the session at record closing levels. The Dow also closed higher on the day. The S&P closed up 17.71 points or 0.62% at 2874.69. The high reached 2876.16. That is the new all time high price.  The Nasdaq closed
What is the RSI and how does it work A quick search about Forex indicator will yield millions of results – 11.2 million results in fact. So once you’ve cut your teeth trading and you’re ready to graduate to a more technical way where do you start? One of the most popular methods of technical
How to make experience work for you Practice makes perfect. There are few axioms that are more frequently repeated than that one. Probably because it actually works. Trading though is completely different beast – a bull or a bear. When trading with a virtual balance, emotions such as fear, ego, greed and “revenge trading” are
How to avoid mental pitfalls Trading is a high-performance activity and, like all high-performance pursuits, the mental element of how you approach your trading is extremely important. Ironically, it is also easy to overlook with many novice traders seeing it as an irrelevant part of their trading. However, trading psychology mustn’t be ignored since our