Understanding How Non Farm Payrolls Affect The Forex Market

Non Farm Payroll and Forex
2019-November-24

In the Forex market we can see different aspects that will somehow affect the way we trade and our strategies. The important thing is to find a way to make everything (or almost everything) an advantage. One important aspect to consider is the non-farm payroll. What is it? The nonfarm payroll report (NFP) is a key economic indicator in regards to the United States. What is the Objective of the…

Read More >>

How To Use An Economic Calendar

Economic Calendar
2018-July-10

An economic calendar is a Forex trading tool which includes important financial information like consumer prices index, insurance rates, employment reports, non-farm payroll numbers, purchasing managers index, GDP reports, inflation reports, confidence data and speeches by central banks designed to assist traders and investors in Forex trading. Forex traders make use of the economic calendar to track the incidence of market-fluctuating events by means of data research. By doing this,…

Read More >>

How To Use Economic Indicators

the difference between mt4 and mt5
2018-July-10

In the Forex market, there are 2 types of analysis commonly talked about: Technical analysis and Fundamental analysis. Technical analysis is the studying of price movements of different currencies. Traders analyse past price movements to spot potential trading opportunities. An example is using past data to find the trend of a currency pair. In this article however we will focus on Fundamental analysis. This refers to the analysis of political,…

Read More >>