Forex Market Like A Rubber

An important characteristic of financial markets — like the forex market — is that they tend to move in one direction, and then correct at least a portion of the original move in the opposite direction.  This feature makes for considerable up and down swings in the exchange rate for a currency pair that can result in extra profits for a trader f...

2017-09-20 Orbex Read more
focus on the trade

Rather than wasting valuable forex trading time continually computing your profit and loss on a trade, focus instead on executing the trade plan that you had devised for it properly and with the required discipline. You can also spend time on developing and executing a suitable follow up strategy once the market has moved after the trade has bee...

2017-09-20 Orbex Read more
Know How To Use Your Trading Tools

As is the case with any profession, a person interested in taking a professional approach to the business of forex trading needs to know how to use the tools of their trade. This means understanding their application and practicing using them until their use becomes second nature, so that these tools can be quickly utilized as needed. For forex ...

2017-09-20 Orbex Read more
Orbex Trading TIP6

The advantages of trading in liquid currency markets are considerable, which is why most forex traders prefer to operate in them. For forex traders, market liquidity in a currency pair means the degree to which large transactions can be executed without moving the market significantly, how tight dealing spreads are, and how many market makers pa...

2017-09-20 Orbex Read more
Don’t take larger positions until you can afford to

Many novice forex traders succumb to the forex trading pitfalls of increasing their position size as soon as they feel more confident trading in the forex market, rather than waiting until their forex trading account can actually afford to take such larger risks.  A more experienced and prudent trader will instead build up their trading account ...

2018-06-21 Orbex Read more