Category Archives: Forex Basics

11 Trading quotes you might not have heard of

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In the search for forex trading riches, it is of course necessary to consult those successful traders who have gone before. However, many times we get sold the same old information and  hear the same old tired quotes. Here are some you may not have come across in your trading studies: “No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.” Robert Rhea “The good traders are the ones who can hold their ground the majority of the

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5 ways to tell if a forex pair has peaked

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To trade forex, it’s imperative to know what moves markets. News events, economic releases, and central bank announcements can all see a currency turn around and move in another  direction. Technical indicators, too, can signal just when a market has hit a high and is on the way down. Has the central bank stopped raising rates? Usually, a currency will appreciate when it’s central bank is raising interest rates. Higher interest rates translate to higher yields and that attracts more demand

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5 ways to tell if a forex pair has peaked

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To trade forex, it’s imperative to know what moves markets. News events, economic releases, and central bank announcements can all see a currency turn around and move in another  direction. Technical indicators, too, can signal just when a market has hit a high and is on the way down. Has the central bank stopped raising rates? Usually, a currency will appreciate when it’s central bank is raising interest rates. Higher interest rates translate to higher yields and that attracts more demand

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