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Should you trade currencies or indices?

Should you trade currencies or indices?

The indices trend has been growing rapidly, with more traders giving it much attention lately. The truth is these are very different instrument to trade representing different kind of data. The four most popular indices are Nasdaq, US30, German 30 and S&P500. There is a variety of currencies found in the industry that vary per broker. The above-mentioned indices are surely more volatile than currencies depending on the pay-out offered by the broker. Indices usually pay 10x the currency pair on an average, with a 1:500 leverage. There is actually no words that can easily describe the conditions for both more than the experience can.

2021-11-16
All Round Major Pairs Technical Analysis: EUR/USD, AUDUSD, And GBPUSD

All Round Major Pairs Technical Analysis: EUR/USD, AUDUSD, And GBPUSD

The start of November has been a dwindling moment for the general major currency market. As essential economic updates flood the surface of the entire foreign exchange market, in which most of the currency pairs especially the major pairs were greatly affected by the impact of the economic releases. However, the US dollar was discovered to have held the main currency exchange performance metrics as the central economic updates from the US region tend to have determined the significant changes that have occurred in the major currency market so far.

2021-11-15
In a case involving FX manipulation, the banks' appeal was dismissed.

In a case involving FX manipulation, the banks' appeal was dismissed.

On Friday, the Competition Appeal Court overturned a Competition Tribunal judgment that partially sided with 17 banks named in a rand-dollar currency manipulation dispute.The banks' request to have the recommendation against them annulled was earlier denied by the Tribunal, but the Commission was directed to redraft its charge sheet within 40 days.Initially, the Commission requested that the Tribunal issue an order declaring that the banks had violated the Competition Act. It also requested an order making the banks accountable for an administrative penalty of 10% of their yearly turnover.

2021-11-12
Rewarding Trading Habits

Rewarding Trading Habits

There’s no shortage of Forex trading tips online these days. A quick online search will inevitably provide you with an endless supply of tips to help with your trading. 1.The Market is Neutral 2.Focus on the Process and the Profits Will Follow 3.Trying Harder Is the Worst Thing You Can Do

2021-11-11