Category Archives: Trading in the Market

What is ECN, STP and Market Maker?

An electronic communication network (ECN) is an automated system that matches buy and sell orders for securities. It connects major brokerages and individual traders so they can trade directly between themselves without going through a middleman and make it possible for investors in different geographic locations to quickly and easily trade with each other. (Source… Read More »

Successful trader – Bill Lipschutz

Bill Lipschutz was born and raised in Farmingdale, New York  While studying in Cornell University, Bill inherited $12,000 worth of stocks after his grandmother’s death. While still schooling, he began investing the money in his free time, and eventually his portfolio was worth close to $250,000. The success was, however, short-lived, as the risk capital was lost… Read More »

What happened to Swiss franc on 15th January 2015

From 2011 onwards, the Swiss franc was held at a fixed exchange rate with the euro (1 euro was worth 1.2 swiss francs). Swiss franc was once regarded as a safe haven asset, and as investors flocked to the franc, they dramatically pushed up its value. An expensive franc hurts Switzerland beacuase the economy is… Read More »

What determines a currency’s exchange rate

What determines a currency’s exchange rate The determination of a country’s currency exchange rate with other currencies is the result of a number of inter-related elements that reflect the overall financial condition of a country in respect to the other countries. All factors being equal, higher interest rate in one country tends to increase the… Read More »

How does Non-Farm Payroll affect EURUSD

Non-Farm payroll measures the change in the number of employed people during the previous month in USA, excluding the farming industry. It is release every month, usually on the first Friday after the month ends, by the Bureau of Labor Statistics. This data is analyzed closely because of its importance in identifying the rate of… Read More »

How to have Peace of Mind when trading?

As a trend follower, we don’t generate trends nor we predict trends. We merely follow trends. However it is a waiting game and it takes lots of patience and time. You first plan your trades which include the point at which you enter the market and the point at which you exit from the market.… Read More »

Where do you get your Forex data?

The systems of compilation for Forex data vary a great deal. There are as many different types of collation as you can reasonably imagine, and some of these methods have been proven over time to be, if not foolproof, then at least incredibly informative. Access to the right data is important in ensuring as high… Read More »

The reliability of trending data

When making an investment in the Forex market – or indeed cashing out of one – it is common to use the trending patterns of the currency that you are trading. This is data that has been collected over a period of time – in many cases over the course of years, even decades. Knowing… Read More »

How does technical analysis work?

Technical analysis of currency movements is now, more than ever, part of the Forex market. As time has passed, different ways of collecting and displaying data have arisen. These differing ways can be taken in isolation to either create or back up a strategy, or can be combined in order to read how the market… Read More »