This concept of a currency getting stronger when the country has trade surplus and getting weaker when it has a trade deficit …
Category: Education
If you are new to Forex, Beginner, Intermediate or even Professional Traders, Prof Fx Education section is the right place to stop. Learn forex trading with our free online forex education guide and tips.
Economic News Calendar Announcement Drive Fundamental Outlooks
Forex traders keep a close watch on the economic calendar because they know that economic announcements provide the data that analysts and …
Gross Domestic Product (GDP) – Forex Calendar
Economic growth announcements report on how well a country’s economy is doing. Economies can move in one of three directions: …
Trade Balance Report – Forex Calendar
Trade balance announcements report on how much a country is exporting compared to how much it is importing. Countries that …
Trading Tips Using Bollinger Bands Indicator
Bollinger bands are one of the most prominent indicators implemented by traders today. In this blog, we will first understand …
Consumer Confidence Report – Forex Calendar
Consumer confidence announcements report on how confident the consumers within an economy are. Confident consumers tend to spend more because …
Business Confidence Report – Forex Economic Calendar
Business confidence announcements report on how confident the business managers within an economy are. Confident business managers tend to hire …
Analyzing Price Action Trading
Price action trading is a popular approach that focuses on analyzing the movements of prices on a chart to make …
Classification of Technical Indicators: A Forex Trader’s Guide
Technical indicators are essential tools that help forex traders make sense of price movements and market trends. By analyzing charts, …
What Does Your Economy Import?
Why do we care what goods or services a country imports? We care because if we know the primary goods and …
Which Investment Vehicles Are Best For You in Forex?
Why is it important to know which investment vehicles are available for a given currency? We care because we are …
How Using the Rising Wedge Pattern in Forex Trading?
The rising wedge is a well-known reversal pattern often used by traders to predict future price movements. It provides insight …
What Are The Central Bank Mandates?
Why do we care about a country’s central bank, its mandates, and its gold and foreign currency reserve holdings? We care …
The Role of Central Bank in The Foreign Exchange Market
Central banks do not like uncertainty or unusual levels of volatility in the Forex market. It is much harder to maintain …
The Principles of Investment Flow
Investment flows represent the money that flows from one country to another as a result of the purchase or sale of assets …
Retail Foreign Exchange Dealers
Retail traders are speculators. This one is pretty straightforward. You are a retail trader, and let’s face it, you are …
Supply And Demand Drive The Forex Market
The forces of supply and demand seem to drive every other market on earth, so why shouldn’t they also drive …
Fundamentals of Futures and Options Currency Exchange Markets
Futures Trading Market The currency futures, a type of forward outright deals, are derived from the spot price. As a …
Multinational Corporations Role in Forex Markets
Multinational corporations are hedgers. Corporations that operate in multiple countries often run into scenarios in which they have accounts receivable …
Key Player in The Foreign Exchange Market – Central Bank
Central banks are manipulators. Now, don’t get us wrong. Central banks are not malicious manipulators. They are not out in …
Investor Fear in The Forex Market
One of the most important things to remember when you are trading in the Forex market is that the market is populated …
