When trading forex, you will need to pay your forex broker the spread which is the difference between the bid and ask prices of a currency pair. There are many variable factors that can impact the size of the spread including the brokers liquidity, trading volumes, economic data and market ..Read More

Whatever trading strategy you are using, it is important to know where support and resistance levels are on your chart. In this guide, I will look at what support and resistance levels are and why it is imperative to be aware of them and mark them on your charts. What ..Read More

Forex traders should make a trading plan and trade accordingly if they are to increase their chances of being a successful trader in the long term. Trading with an established and well thought out plan has many benefits especially when compared to trading without one. Amongst these benefits, a solid ..Read More

With so many forex brokers offering online forex trading to clients around the globe, it can seem overwhelming having to go through all these brokers to see which are the best forex brokers for you. Hopefully this forex broker guide will help you to understand more about the choices available ..Read More

In this post I will be explaining what forex sentiment analysis is and explaining how you can successfully apply it to your forex trading. Forex sentiment analysis can be a very good thing to have in your trading arsenal, although it should be part of a much larger trading plan ..Read More