News
What Software Do Forex Traders Use?
Forex traders commonly use software like MetaTrader 4 and 5, which offer advanced charting tools, automated trading capabilities, and customizable indicators . Other popular options include cTrader, known for its speed and market depth features, and TradingView, which provides strong analytical tools and a social community . Mobile trading apps like IG's IG Trading app and Plus500 are also favored for on-the-go trading .
How to Start Trading Forex on Your Phone
To start trading Forex on your phone, begin by selecting a reliable Forex trading app like MetaTrader 4 or 5, which offer robust features for analysis and trading . Open a trading account, learn the basics of Forex trading, and explore demo trading to practice without risking real money . Once comfortable, transition to real trading with a small capital, and stay informed about market trends and news .
Technical Indicators Challenge: How many can you name?
Technical indicators are chart analysis tools that can help traders better understand and act on price movement. There is a huge range of technical analysis tools available that analyze trends, provide price averages, measure volatility, and more. In this piece, we explore the types of technical indicators available, from RSI to Bollinger Bands, explain how to respond to technical signals and reveal the top tips for having the tools an effective part of your trading journey.
Trend is your friend: Forex trendlines
A popular trading expression is ‘the trend is your friend’. This expression has stood the test of time as trends are vital to any trading plan. Forex trend lines can be seen in almost any chart analysis due to their usefulness and simplicity. This article provides traders with an in-depth guide on what trendlines are, how to draw them, and how to apply them in trading.
Explore the mysteries of forex trading: master technical analysis from zero to one with us!
This beginner's guide to technical analysis will introduce you to the basics of this trading method and how to use it to trade the financial markets.
If Tension Spreads Markets, It Could Trigger Emergency Fed Rate Cuts
After last week's massive sell-off, markets are still on edge, with investors divided over expectations of a 50 bps and 25 bps rate cut in September. Danielle DiMartino Booth, CEO and chief strategist at QI Research, warned that if it spreads to other markets, "all is hard to predict "
Trump offers 20 core promises, including the dollar's status as the world's reserve currency
U.S. presidential candidate Donald Trump released his "20 core promises to make America great again" on Monday afternoon, including "maintaining the dollar as the world's reserve currency."
Is it better to cut rates sooner rather than later for the New Zealand Fed?
In the European session on Monday (12 August), NZD/USD steadily moved higher, trading at 0.6026, up 0.48%.
Westland Fed Shadow Board Opinion Out, Majority Backs 25bps Rate Cut This Week
At 10:00 on 14 August, the New Zealand Fed will hold a rate resolution.