Foreign Exchange School
How to manage emotions in trading?
Mastering how to manage emotions in trading is a must for success. Your mental state has a big impact on the decisions you make, especially if you are new to trading and maintaining a calm demeanor is important for stable trading. In this article, we...
The Best Time for GBP/USD Day Trading
Trading Sharing: Although the foreign exchange market is open 24 hours a day, it does not mean that every hour of it is worth trading. Certain hours make more sense for day trading because there is enough volatility for short-term traders to make more profits than...
What is the best time to trade EUR/USD during the day?
The allure of forex day trading is that you can trade 24 hours a day. Unfortunately, that doesn't mean you should. Day traders should only trade when forex pairs are active and there is a lot of volume and trading taking place. EUR/USD is available for day trading at certain times because there is enough volatility to generate profits....
How can we identify trends in the foreign exchange market?
The Forex market is a global financial marekt where participants exchange the currency of one country for the currency of another. Securities traded between investors are currency pairs that swing according to the market mood. The currency market is actively traded 24 hours a day, six days a week, across multiple time zones. There are a number of different techniques that investors can use to identify trends in the Forex market....
What is a moving average cross? A simple introduction to the trading system
A moving average cross is a tool commonly used by traders. When a faster moving average (the one with a shorter period) is crossed over any slower moving average (the two with a longer period), such a cross is considered a bull cross (commonly known as a golden cross).
What is the spot exchange rate?
What is the spot exchange rate? The spot exchange rate, also known as the spot exchange rate, is the exchange rate used by the buyer and seller for foreign exchange delivery within two business days after the transaction is completed. When dealing with foreign currency transactions and translating foreign currency financial statements, enterprises should use the transaction occurrence...
The Federal Reserve may cut interest rates for the first time in June, causing dollar index futures to plunge sharply
On Monday (March 11) in the early trading of the European market, the US dollar index futures fell sharply, currently trading near 102, as of 14:21 Beijing time, the US dollar index futures quoted 102.344, an increase of 0.01%.
10 common foreign exchange professional terms that beginners need to know about foreign exchange speculation
The first thing for beginners to come into contact with and learn about foreign exchange is a variety of foreign exchange professional terms. Understanding these foreign exchange professional terms and knowing what they represent is conducive to subsequent in-depth learning and practical application. 1. Leveraged foreign exchange exchange...
Which platform in the United States is safer to speculate in gold and foreign exchange?
Forex speculation is a better financial investment tool than stock market investment. Forex speculation is very important when choosing a trading platform. So, which platform in the United States is safer to speculate on gold and foreign exchange?...
Forex Technical Analysis: Moving Average Crosses and Momentum
Forex technical analysis involves the use of a range of technical indicators, such as momentum indicators. In this lesson, we will learn how moving averages act as momentum indicators as well as moving support and resistance (and how to label support and resistance levels)....
List the reasons for foreign exchange trading
After clearly understanding the relevant reasons, many people are based on joining the ranks of trading. Obviously, "to make money" should be one of the main reasons that can answer the question "why trade foreign exchange"! In this lesson, we will list the differences between foreign exchange and other trading markets, and explain why opening an account to trade foreign exchange can be very profitable....
What are the types of currency pairs? What are the differences between major | crossover | minor currency pairs?
For major currency pairs, you will find different definitions. Some would say that all currency pairs including the US dollar are major currency pairs. However, major currency pairs are the most traded currency pairs, and therefore include major international currencies that match the US dollar....
How do support/resistance levels provide structural support to the market?
One of the basic principles of technical analysis is to use historical price levels to predict future price levels. Since the foreign exchange market is a market that is basically traded 24 hours a day, there is often a large amount of data that can be used to measure future price fluctuations. Therefore, the importance of making predictions through statistical principles is particularly emphasized here....
How much leverage should a foreign exchange trader use?
In the process of managing the risk of foreign exchange trading, the importance of leverage use is often underestimated. Traders should consider how to use the appropriate leverage to ensure long-term profitability of the trade. Although the available trading leverage is very large, it does not mean that one...
The technical indicators of the disaster again are not as powerful as the k-line chart!
First, the power of the trend Once the trend is formed, it will not simply say that the reversal will be reversed, and any unexpected situations (such as what Goldman Sachs was investigated, the manipulation of large enterprises in Zhejiang, the earthquake caused by small devils, the country suddenly dumped reserves, the central bank suddenly raised...

