Creating a Risk Management Plan
If you’re interested in trading gold or currencies on the global foreign exchange market (forex), you should definitely focus on creating a risk management plan. When you do so, you’ll be protecting yourself right from the very start. It’s never too late to add this element to a trading strategy, so there’s always value in […]
Choosing the Right Strategy for Automated Trading
If you want to work with a forex trader with the best traits, such as logic and foresight, you may be a great candidate for automated trading. A lot of traders these days are opting for automated trading, as it allows them to connect with “trading partners” who do have the right characteristics, including logic […]
Why Market Volatility is Nothing to Fear
There is a great deal of recent talk about market volatility and what it means for forex traders. By definition, volatility does not mean that the market is going down, it just means that it is entering a time that is more difficult to make accurate predictions based on data from the recent past. While […]
How Best to Approach the Market: As a Spectator or Speculator?
Financial markets allow for a variety of different approaches, but some of the most common are to approach as either a spectator or as a speculator. Let’s talk about some of the differences and pros and cons of each approach to the financial market and gold forex trading. Speculators tend to have a need to […]
A Quick Overview of Forex Order Types
There are several main types of forex orders that brokers can complete: market orders, limit orders, take-profit orders, stop-loss orders, and trailing-stop orders. Your personal investment style will dictate which type of order you will want to use in different circumstances. Here’s a quick guide to understanding the differences between types of forex orders. Market […]
5 Fundamental Analysis Indicators Every Trader Should Know
Economic indicators are data that are published regularly by national governments all around the world. They may provide some insight into the pulse of a given economy in different segments. Since there are so many investors and business people closely watching the same pieces of information, these indicators are incredibly powerful and have the potential […]
Strategy Guide: Fibonacci Pivot Trades
When it comes to online gold forex trading, having a decent strategy is a surefire way to ensure that your trading gets the best results possible. One of the most effective online gold forex trading strategies available is the Fibonacci Pivot points strategy. This sounds far more confusing than it actually is. It works by […]
Strategy Guide: The BladeRunner Trade
Even the best online gold forex traders need a good strategy, and one of the best ones out there is the BladeRunner trade. The blade runner strategy is formed on the basis of price action, meaning that it finds entries using pure price action. The only indicator that really needs to be used with this […]
Maximizing Gains When Following a Trend
Online forex gold trading is one of the best ways to trade in precious metals. Some investors choose to take on the physical side of gold trading and move and transport gold bullion themselves to ensure that they always have full access to their investment, however this can often result in a lower profit margin […]
How to Bounce Back from a Losing Streak
Online gold forex trading is a great way to get into the market of trading precious metals. In rising and falling markets alike, there is the potential to make smart investments. Trading spot metals in particular can allow you to estimate the price movements of gold relative to the current worth of the U.S dollar. […]
