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The Fed rate and its impact on the dollar exchange rate
The FRS is the Federal Reserve System of the United States of America (Federal Reserve System) acts as the central bank in the United States.
One of the main functions of the Fed is monetary policy, and one of the instruments of this…
Forex kitchen: description of the quotes exchange system
At first, it is necessary to remember some important information about the foreign exchange spot market before we begin to study in more detail the change of quotes that the forex kitchen uses.
Therefore, the foreign exchange spot market…
Active trading as a way to get record profits on the stock exchange
There are two terms in exchange activity - active and passive trading, the classification of trading types is based on the duration of transactions and the very approach to working on the exchange.
Active trading is aggressive trading in…
Psychological mood of a successful trader
Everyone asks the question - Why does someone succeed and earn millions, while others live on a salary, and then a beggarly pension.
If you start to analyze the personality traits of wealthy self-made people, you will be surprised how…
What is devaluation, its positive and negative aspects, and how it differs from inflation
The exchange rate of the national currency against other world currencies is one of the most important indicators of the state of the economy.
It would seem that any state is interested in having its currency valued as dearly as possible…
If you have deleted an account…
What if you have deleted your account? There are many people who will advise you to resume trading as soon as possible to return what you have lost. And even more there will be those who will recommend "sit down" this time, return to a…
Top 3 Meditation Practices for Forex Traders
Trading is often a very stressful job that requires traders to be in a constant state of concentration. It’s no secret that following theory is only a part of what traders need to do to become successful. The ability to clear their mind of…
Demonstration contests as an opportunity to assess the seriousness of a broker
Demo account contests are a great way to test your knowledge, gain experience and get a chance to win your first (or additional) real money deposit. But they have one more advantage. You can think of demo contests as an opportunity to test…
Differences that matter: demo and real
Two days ago we spoke about different ways to understand whether it is time to move from a demo trading account to a real trading account. However, we have not mentioned the differences of these types of accounts in terms of trading…
Factors affecting the Forex Market
There are several external factors that affect Forex currency trading. These factors include trade reports, GDP, unemployment, international trade, manufacturing etc. The growth or decline in these factors affects a country’s currency…