Tag Archives: forex traders

Forex Technical Chart Analysis Weekly Report for 20-24th March 2017

Forex Chart Analysis

Forex Technical Chart Analysis Weekly Report for 20-24th March 2017 This Week we have analyzed Forex Currency Pairs EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD and NZDUSD to find Buy or Sell Opportunities.  This Week, as per our Analysis, EURUSD, GBPUSD,  AUDUSD, and NZDUSD may go upside and USDJPY and USD CAD Currency Pairs may go down. Detailed Analysis of the Currency ...

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Currency Pairs

Currency Pairs: When we take a trade, there are two currencies are involved in that particular transaction.  That means, when we Buy one currency, we Sell another currency.  For example, if we Buy EUR/USD; We bought Euro against US Dollar.  That means, we bought Euro and sold US Dollar.  Vice versa, if we sell EUR/USD, We sold Euro against US ...

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Major Currencies Traded In Forex

Major Currencies When you are trading currencies, Two currencies are involved in that particular transaction. Currency Symbols always have 3 letters.  First 2 letters indicate Country and the 3rd letter indicates Currency Name.  For instance, take USD.  US for” United States” and D for “Dollar”.  Some Currencies have nick names also.  They are also mentioned above.  

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7 Qualities of A Successful Trader

If you want to be a successful trader in any kind of market, you should maintain some qualities.  If you implement those qualities in your trading, no one can stop you to become successful trader. Patience: Patience plays key role in trading.  “Don’t search for the opportunities, let the opportunities to come”.  It is not that you have to trade ...

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Who Trade Forex?

The Major Players of Forex Market: Global Banks: Global Banks account for most of the volume in Forex Market. In fact, Deutsche Bank, Barclays, UBS, JP Morgan and Citi alone account for half of all trading volume in Forex Market. Central Banks: In many countries, Central banks are given the responsibility to smoothen  the flow of money to and from the country and direction ...

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