Magazine for Forex Traders
What forms the exchange rate level?
The higher the domestic prices and production costs compared to foreign ones, the higher the import growth compared to export. Therefore, high domestic prices and low outside prices usually mean high foreign exchange prices. This factor, which was co…
Read moreHow to determine the effectiveness of a trading strategy?
Each novice trader must develop his or her own trading strategy, which will be based on well-defined algorithms, rules, tactics and strategies, before starting to conduct currency operations in the Forex market. For a long time now, the importance of…
Read moreForex trading strategy – adaptation of Martingale system for financial exchanges
Forex trading platform takes an important place in the process of development of the world economy and currency exchange in correlation (currency) pairs.To become a successful trader in the financial market can be not only certified economists and fi…
Read moreRelationship between Forex and Lotteries
Forex is a certain kind of interbank currency exchange market at the most favorable rate. Forex is engaged in mutual currency exchange, and also carries out a full complex of all necessary currency operations….
Read moreForex forecast for July 2013: USD to grow
In early summer, the EUR/USD currency pair continued the race, which began in spring. After the ECB meeting on June 6, the bulls on the Forex market became even more confident. Everything related to monetary policy remained unchanged, and the head of…
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