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Forex Traders Guide To FOMC Meetings
Fundamental Analysis

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.

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Trading Drawdowns And How To End Them
Trading Psychology

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.

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The Idea Of Mentorship
Trading Psychology

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.

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Bid And Ask Price In The Forex Market
Risk Management

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.

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