Forex Basics

What Moves Forex? The 9 Core Drivers (Rates, Growth, Inflation, Risk, Flows)
18 Dec

What Moves Forex? The 9 Core Drivers (Rates, Growth, Inflation, Risk, Flows)

Forex Real Trader0 CommentsForex Basics, ,
There's a framework of nine drivers that determine currency moves, and you must weigh how interest rates, economic growth, and inflation interact with market risk and capital flows to forecast direction; this post gives you practical tools to assess monetary policy, PMI data, price pressures, investor sentiment and cross-border flows so you can align your trades with macro momentum.Understanding the Forex Market What is Forex? Forex is the global market where you exchange one currency for another; it averages about $7.5 trillion a day in turnover and operates around the clock during the business week, so you can trade virtually…
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Currency Correlations 101 – When EURUSD, GBPUSD and DXY Move Together (and When They Don’t)
17 Dec

Currency Correlations 101 – When EURUSD, GBPUSD and DXY Move Together (and When They Don’t)

Forex Real Trader0 CommentsForex Basics, ,
Forex correlations link EURUSD, GBPUSD and the DXY through flows and risk sentiment; you'll learn how a strong positive correlation can amplify moves, why divergences often signal elevated risk, and when a rising DXY compresses majors, so you can adjust positions, manage your exposure and spot setups that run counter to headlines.Understanding Currency Correlations Definition of Currency Correlation You measure currency correlation most commonly with the Pearson correlation coefficient, which ranges from -1 (perfect inverse) to +1 (perfectly aligned); values above +0.8 indicate strong positive co-movement, values below -0.8 indicate strong negative co-movement. Using rolling windows - for example 30-day…
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Spot FX vs Futures vs CFDs – What You Actually Trade and Why It Matters
17 Dec

Spot FX vs Futures vs CFDs – What You Actually Trade and Why It Matters

Forex Real Trader0 CommentsForex Basics, ,
Over a single spot trade you exchange currencies instantly and own the underlying currency exposure, while futures are standardized contracts with expiries and exchange-cleared margin reduces counterparty risk; CFDs are bilateral derivatives that mirror price moves, offering flexible leverage but exposing you to broker counterparty risk and funding costs-understanding these differences lets you match your strategy, risk tolerance, and costs to the instrument you actually trade.Understanding Foreign Exchange (Forex) Definition of Forex The forex market is the global, over‑the‑counter marketplace where currencies are exchanged continuously during business days; average daily turnover is roughly $7.5 trillion, making it the largest financial…
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Forex Economic Calendar Explained – How to Read Events and Avoid Dangerous News
08 Dec

Forex Economic Calendar Explained – How to Read Events and Avoid Dangerous News

Forex Real Trader0 CommentsForex Basics, ,
Forex trading involves understanding various factors that can impact currency values, and one of the most important tools at your disposal is the Forex economic calendar. By learning how to read scheduled events and their potential market implications, you can significantly improve your trading strategy. This guide will help you identify key economic releases and avoid dangerous news events that may lead to unexpected volatility in your trading positions. Equip yourself with the knowledge to navigate these events effectively and enhance your trading success.Understanding the Forex Economic Calendar What is a Forex Economic Calendar? The Forex Economic Calendar is a…
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How to Use a Forex Trading Journal – Real Examples and Free Templates
07 Dec

How to Use a Forex Trading Journal – Real Examples and Free Templates

Forex Real Trader0 CommentsForex Basics, ,
Journal your trading experiences to identify patterns, improve strategies, and enhance your overall performance in the forex market. By meticulously documenting your trades, you can uncover pitfalls that might lead to losses, while also recognizing winners that boost your success. This guide will provide you with practical insights, real-world examples, and free templates to help you create an effective forex trading journal that aligns with your trading goals.Understanding the Forex Trading Journal What is a Forex Trading Journal? A Forex trading journal is a dedicated record-keeping tool that enables you to document every aspect of your trades. This includes data…
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From Demo to Live – A Step-By-Step Checklist for Your First Real Forex Account
06 Dec

From Demo to Live – A Step-By-Step Checklist for Your First Real Forex Account

Forex Real Trader0 CommentsForex Basics, ,
Just transitioning from a demo account to live trading can be overwhelming, but with this step-by-step checklist, you can ensure a smoother experience. This guide will help you prepare financially and emotionally for the realities of trading with real money. By following these crucial steps, you'll increase your chances of success and minimize potential risks while building confidence in your trading abilities. Embrace this change and take control of your trading journey.Understanding Forex Trading What is Forex Trading? Forex trading, or foreign exchange trading, involves the buying and selling of currencies in the foreign exchange market. It operates as a…
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Lots, Leverage, and Margin – A Beginner’s Survival Guide
22 Nov

Lots, Leverage, and Margin – A Beginner’s Survival Guide

Forex Real Trader0 CommentsForex Basics, ,
You are about to commence on a journey into the world of trading, where understanding lots, leverage, and margin can significantly impact your success. These fundamental concepts can enhance your trading experience and open doors to larger opportunities, but they also carry inherent risks that you must be aware of. This guide will equip you with the knowledge necessary to navigate these elements confidently, ensuring you make informed decisions that protect your investments while maximizing your potential gains.Understanding Lots Definition of Lots In trading, a lot refers to the standardized quantity of a particular asset that you buy or sell…
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Pips, Pipettes, and Points – How Forex Prices Really Move
19 Nov

Pips, Pipettes, and Points – How Forex Prices Really Move

Forex Real Trader0 CommentsForex Basics, ,
You need to understand the crucial components of Forex trading to navigate the market effectively. Pips, pipettes, and points are fundamental units that reflect how prices move and directly affect your trading strategy. Knowing how these metrics operate can enhance your decision-making, helping you to evaluate potential profits and losses accurately. As you dive deeper into Forex, grasping these concepts will empower you to trade with confidence and optimize your outcomes in the ever-changing currency market.Understanding Currency Quotes What is a Currency Pair? A currency pair represents the value of one currency in relation to another. When you trade Forex,…
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Building a Trading Journal – Templates, Metrics, and Habits
19 Nov

Building a Trading Journal – Templates, Metrics, and Habits

Forex Real Trader0 CommentsForex Basics, ,
You can enhance your trading success by creating a structured trading journal that allows you to track your decisions and outcomes effectively. This guide will equip you with imperative templates and metrics to measure your performance while cultivating powerful habits that lead to consistent results. A well-maintained journal helps identify patterns in your trades, reveals areas for improvement, and strengthens your emotional discipline. By implementing these strategies, you position yourself to make informed decisions and elevate your trading journey.The Importance of a Trading Journal Enhancing Trading Discipline Keeping a trading journal cultivates a disciplined approach to your trading routine. When…
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Chart Types Compared – Candlestick, Heikin-Ashi, Renko, and More
17 Nov

Chart Types Compared – Candlestick, Heikin-Ashi, Renko, and More

Forex Real Trader0 CommentsForex Basics, ,
Analysis of different chart types can significantly influence your trading strategies. You might find that Candlestick charts provide detailed information about market sentiment, while Heikin-Ashi charts help smooth out price action for clearer trends. Alternatively, Renko charts enable you to focus solely on price movement regardless of time, reducing market noise. Understanding these various charting techniques can enhance your decision-making process and offer a comprehensive view of market dynamics.Understanding Chart Types Charting is an necessary skill for traders, as it enables you to visualize trends, assess market conditions, and make informed decisions. Different chart types cater to various analytical approaches…
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