Today we will see some price changes in #AUD pairs A most important event for today 7th of May 2019:(Australian Western estate time GMT+8) AUD RBA Cash Rate Target at 12:30 This firstly can make some changes to the cash rate flow through to other interest rates in the economy. And secondly, the changes to […]
How a war will affect us as traders? The US sent airforce bombers to the Persian Gulf. War for the US always leads to even stronger $USD in the short term. A war with a country like Iran will increase the $OIL price. As a technical trader, I will decrease the risk factor during these […]
Swap in Forex trading is an agreement consists of swapping principal and interest payments in one currency with principal and interest in another currency of a loan of equal value. Sometimes you may choose to place a trade and carry that for a long time. Maybe to hedge against your other trades. To avoid paying extra […]
What Is Hedging? I call hedging a kind of insurance. Think about a bad event like a storm or flooding. We can not prevent a negative event from happening, but we can reduce the impact of the event by ensuring our asset. So, we can see the hedging every day. But in forex trading hedging means […]
What are the main criteria for a good trading strategy? 1. Lowers the risk by: · Limiting the size of each trade · Diversifying your portfolio · Using hedge trading 2. Suits your lifestyle: · Trading times · Allocates time for: Sleeping, exercising, eating, etc… 3. Suits your personality and emotions · Using the correct […]
