Forex Trading Education – What Is A Carry Trade?

You’ve read about it in the newspapers, and you see it in almost every financial trading magazine… but what exactly is a carry trade? And why is it so popular?Before I go into what happens in carry trades, allow me to briefly share with you why “carry trade” is an important concept to understand…Throughout most [...]

Spot Forex Trading Part 5 – The Forex Heatmap

This article is Part 5 of a series of 9 articles dedicated to help anyone to trade the foreign exchange.The Forex Heatmap gives a spot forex trader an easy-to-interpret forex data visualization tool that organizes the data from 20 currency pairs into color-coded results for fast and accurate entry decisions.The majority of forex traders don’t [...]

Currency Pairs in Global Forex Trading

Generally speaking, any two currency pairs can be traded back and forth. Even if common information is not kept about two specific currency pairs with respect to each other, that currency information can be obtained by comparing both of those currencies to the American dollar. The world economy still largely operates based on the US [...]