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Month: September 2023

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  • How Much Should You Risk on Each Forex Trade?

How Much Should You Risk on Each Forex Trade?

Along with a forex trading system, one of the things you will need to trade FX is a money management system. This requires you to figure out how much you…

AUD/USD recovers from the recent losses, treads waters to remain above 0.6450

AUD/USD consolidates above 0.6450 after the US mixed employment data. Investors turn cautious on the expected 25 bps rate hike by the Fed, following the moderate employment figures. Aussie traders…

USD/JPY hangs near weekly low, just below mid-145.00s; focus remains on US NFP

USD/JPY refreshes weekly low on Friday, albeit lacks follow-through selling. The divergent Fed-BoJ policy stance continues to act as a tailwind for the pair. Traders now look to the US…

What is Your Locus of Control in Forex?

Trading forex is an inherently risky activity. It is one where your outcomes hinge on a combination of skill and luck. One concept in psychology that may help you better…

🇪🇺 🇺🇸 EURUSD on Thursday dropped -0.73% to 1.08435. End August down by -1.39% or -153.3 pips lower. What we know.

Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance after Thursday Period Pct Chg Momentum Thursday -0.73%…