How to Become A Trading Nomad and Trade from Anywhere

People are used to doing jobs that they have to come out of their homes and go to a formal set up place for work. This is their workstation, their offices or workroom. However, things have changed especially with the evolution of technology. Many firms have embraced the use of technology to fasten their work output and compete effectively. The use of the Internet was also harnessed with the outbreak of coronavirus. People were forced to start working from home to reduce the spread of the virus and to harness the strict rules given by many governments to maintain social distancing where one is gatheredRead More →

2 Types of Technical Indicators Explained

A technical indicator is a chart analysis tool that helps a trader to understand price movements and take action. Many technical analysis tools measure volatility, analyze trends, give price averages, and more. In this article, we look at some of the technical indicators and how they relate to your trading journey. Types of Technical Indicators 1.    Oscillators Oscillators give a trader a gist of how a specific currency’s momentum is developing. When prices dip, oscillators dip as well. When oscillators go to extremes, it means it is time for the trader to check for the price and turn back to the mean. However, it doesRead More →

How Do You Use the Oscillator of Moving Average (OsMA) In Forex?

Oscillator of moving average (OsMA), otherwise called the moving normal oscillator gauge, is a device that endeavours to recognize whether a market is oversubscribed or under subscribed. It estimates how far an oscillator lies from its moving normal. The oscillator of moving average is the distinction amongst an oscillator and its smoothed variant. All the more explicitly, the qualities showed by the OsMA pointer are generally gotten from the MACD marker. Moving Average Convergence/Divergence (MACD) is a trading pointer utilized in specialized investigation of stock costs. It is intended to uncover changes in the strength, heading, energy, and length of a pattern in a stock’sRead More →

the basics of the prominent Forex indicators

In the Forex market, traders are needed to use the indicators to execute the trade properly. This helps to identify the entry and exit points, the direction of the market, and support and resistance level. People are required to identify trading opportunities for getting rewards. The indicators help them to understand the trending environment which is very crucial to increase the probability of wins. Indicators are used in some specific situations so, the investors should know the applications of them. There are four technical instruments that play a very significant role in trading. They are RSI, moving average, Stochastic, and MADC. Let’s know about them.Read More →

We all know that technical analysis helps the traders to find the best trade setups in the Forex market. But do you really think that the new traders have precise knowledge on this sectors? Understanding the basic details of the technical analysis is really easy but when it comes to advance market analysis, things become really hard. Majority of the retail traders are making the same mistake repeatedly. If you are struggling with Forex trading profession read this article very carefully. After reading this article, if you can bring positive change in your trading system, you won’t be losing any money at the end ofRead More →

There are thousands of ways to trade the Forex market. But this doesn’t mean you will be using tons of trading strategies to maximize your profit factors. If you do so, you are going to lose money like the 95% of the traders. The novice traders often ask, how to become a long-term trader. The long-term trading strategy is often considered as the best way to trade the Forex market since it reduces your risk exposure to a great extent. So how you do become a long-term trader? To be honest there is no exact answer. However, if you can master chart pattern trading strategyRead More →

The financial industry has achieved the maximum yet growing more and more because there is no limit it to success. Most of the options traders in the United Kingdom are having higher progress than other traders but how? Are they using any unique strategies or techniques? Well, they consider a few things before they purchase options so as naïve traders; it is high time for you to learn it. If you thoroughly focus on options you would understand that there is a lot of things a trader should learn although only a few traders do it. Some traders are too lazy to read but youRead More →

There are many different ways of trading the financial instrument in the world. If you look at the professional trader then you will notice that every single forex expert is trading the live assets based on their own trading strategy. But in order to develop your own trading strategy in the market, you need to have a very clear understanding of the market dynamics. The forex experts in the Singaporean trading community is doing a great job in the financial industry since most of them are trading with the reputed brokers like Saxo after mastering the basic forex market skills. Unlike the novice traders, allRead More →

The forex market is a huge market and every single day the number of retail traders in the online trading community is increasing at an exponential rate. However, the success rate in the forex trading industry is not great. Statistics suggest that out 100 traders only 5 of them are making money consistently in the forex market and rest of them are struggling hard or losing money. Those who are making money are the smart traders who have very clear understanding of the forex market. If you trade the live assets for a long period of time then you will notice that most of theRead More →

Trading the financial instrument is an art and it requires pin perfect execution of the trading plan. There are many profession that you can choose in today’s world but if you truly want to become finically stable than forex trading might be the perfect solutions for you. As a full-time trader, you will become your own boss in the world and you will be the only person who will decide how much you will earn in the future. Most of the professional day traders are leading a stable life and they never worry about their financial needs regardless of the economic conditions of the country.Read More →