Welcome To Trading Dispatch
Learn how to trade Forex profitably
Forex Traders Guide To FOMC Meetings
Remember in the Main Fundamental Forces In Forex article we said that certain fundamental events can lead to large movements in the Forex markets? And we named a few such as the GDP, unemployment rates, and even interest rates. In this article, we will look at the fundamental event known as the FOMC Meeting.
How To Gain Confidence As A Forex Trader?
Confidence is one of the key aspects that a Forex trader needs to actually TRADE. A lot of people have a hard time understanding that confidence comes with time and back-testing!
Trading Drawdowns And How To End Them
A drawdown refers to the difference between the highest balance in a trading account and the following lowest balance.
Drawdowns are caused by losing streaks, the losses compound over a certain period and trading capital is left depleted.
The Idea Of Mentorship
Have you ever thought of looking for a mentor? The possible reason you may need a mentor? Or even when you should get a mentor? In this article, we will address…
1. What a mentor in the Forex market is meant to do?
2. When you should get a mentor?
3. The advantages and possible disadvantages of getting a mentor and lastly, several things you can do to get a mentor.
Swing High And Swing Low – Definition And Identification
A swing high refers to a price peak formed by the market before moving lower. A swing low refers to a price trough formed by the market before moving higher.
Swing points are found on all timeframes and all Forex pairs.
Bid And Ask Price In The Forex Market
When trading the Forex market, the ask price is the price you will pay when buying a currency pair and the bid price is the price you will pay when selling a pair. The ask price is always the highest of the two quotes.