Learn More About Forex and Stock Market

 To be successful in the foreign currency markets you must be able to follow a proven recipe and adapt to all of the variables that can be thrown at you during any given trading day. It is inevitable that you will make some bad trades from time to time. Even the best traders make bad trades. But the question you need to ask yourself is have you learned from your mistakes? It can be easy to be short-sighted when gold trading, but you can’t get too high or too low at any given time. Here, we explore 5 timeless rules that are an important part of successful trading, no matter the techniques, markets or time frames you trade. Equidious Forex Signals follows these rules while providing the signals to their clients. 1. Treat trading like a business Like any business, trading incurs expenses, losses, taxes, uncertainty and risk, and these factors must be taken into account. The key to developing a successful trading business is good planning, both for the overall business...

  People always want to find the best type of trade to invest in. This particularly holds true for short-term and long-term trading. This decision, however, varies from person to person. Ideally, the trader must decide on a trading type that best suits his/her personality. Let’s us take a closer look at short and long-term trading to gain some insight. Short-term trading When the duration between buying and selling ranges from a few days to a few weeks, it is considered as short-term trading. Pros of short-term trading Faster means of making money : The benefits of a trade can be realized in a short period through this method. You can earn profits within a day by investing in intraday trading. Short-term risk : If you discover that a wrong decision was taken on a trade, you can free up the capital invested and reinvest it in fresh stocks. This is because capital is at risk for a shorter period. Cons of short-term trading Volatile market : There are chances that yo...

EURUSD EUR/USD is consolidating in the lower end of the weekly range around 1.1280 as market participants continue to adjust to the appointment of IMF’s Christine Lagarde to succeed  Mario Draghi  at ECB. EUR/USD comes under pressure near 1.1280. Yields of the 10-year Bund drop to all time lows near 0.40% The renewed dovish stance from the  ECB  and USD-dynamics should dictate the price action around the pair in the near term, helped at the same time by the broad risk-appetite trends and the recent positive developments from the US-China trade front.  USDJPY USD/JPY struggles near weekly lows, just above mid-107.00s Reviving safe-haven demand benefits the JPY and keeps exerting downward pressure.  USD/JPY struggles near weekly lows, just above mid-107.00s Having failed to capitalize on the weekly bullish gap, the pair remained under some selling pressure for the second consecutive session. The latest optimism over the US-China tra...

FOMO is Fear of Missing Out type of traders, which influences our daily trading habits and decision making capability in Forex Trading. There are following causes which leads FOMO Traders: High Expectations FOMO Traders thanks that one needs to double the account by next month and you are missing out if you do not make a lot of money as soon as possible. This leads to higher risk and large position sizes. One wrong trade and you will regret of choosing wrong position sizing and trade. Over Confidence When you come from a winning streak and feel invincible and then take random trades or too large positions because you think we can “feel” what the market is going to do. Lack of Confidence After a few losing trades, many traders will try to play catch up and then enter random trades just to get into the market and hopefully somehow generate a profit. No Rules When you do not have a system or rules, to begin with, then FOMO is your default mode, always jumping in a...

De-globalization is the idea which picked up energy after BREXIT. Trump’s choice to force duties of 25% and 10% on steel and aluminum import will add to de-globalization talk. US, under Trump, has hauled out of Trans Pacific Agreement and began arranging NAFTA. Worldwide exchange has begun redirecting from way of multilateral exchange settlement to plurilateral exchange agreement. Forcing of levy by Trump, in bearing of US first arrangement, is probably going to harmed US and different economies associated with related exchange with Uncle Sam. Canada, Brazil, EU, China, Russia, UAE are the significant nations who are enjoyed exchange of both the wares. Car and development industry expends near 65-70% of US steel request. As per an article distributed in Reuters, a normal US vehicle devours 1-1.2 ton of steel .US steel generation cost is in the middle of $825-875 for each ton. In the event that we consider, imported steel cost in the middle of $650-750, 25% import ...

Forex Currencies and Gold shares important correlations as follows: Gold and USD During times of Economic Unrest, investors shows lack of interest in Dollar(USD). Hence, when gold goes up, USD falls. Gold and AUD/USD Australia is the third largest gold producer in the world, selling approx. $5Billion/year. So AUD/USD raises when gold goes up. Gold and NZD/USD New Zealand is also one of the biggest gold producer in the world. With gain in gold, NZD/USD also goes up. Gold and USD/CHF CHF raises when gold goes up as 25% of Switzerland's reserve are backed by gold and pair moves down. Gold and USD/CAD CAD raises when gold goes up as Canada is 5th largest producer of gold. Hence, when gold raises up, USDCAD goes down Gold and EUR/USD Both Gold and Euro are ANTI_DOLLARS. If price of gold goes up then EUR/USD may go up as well. Oil and USD/CAD CAD raises when Oil goes up as Canada is one of the top Oil Producer that exports 2 Million Barrel/Day . USDCAD goes down w...