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Importance of demo trading account in Forex trading

Trading is one of the most lucrative professions in today’s world. People from different parts of the globe are working very hard to master the art of trading. But even after trying their best only 5% of them are successful in making money. So why the number is so poor, is the ultimate question. This is because most traders don’t give themselves enough time to learn all the different parts of trading. And those who try hard don’t have the proper guideline to develop their trading skills. Most of them are missing some key ingredients which are required to become a successful trader. However, if you are strongly determined, devoted and dedicated than it’s just a matter of time to see yourself as a successful trader.

Going through the basics

Going through all the basic stuff in the Forex market is very easy. But when you try to understand all the details of this market things become really complex. For this very reason the rookie traders directly start trading the market without gaining proper knowledge. But when you trade the market based on the gut feeling you will never find yourself in the line of a successful trader. Every trader in the United Kingdom has worked very hard to develop their strong basic in this industry. If you don’t understand any term then it’s completely fine. Go through it again or seek help from the professional traders. The best way to get a general idea about this trading industry is to enroll yourself in the paid trading course. Always remember when you spend money on an education you have nothing to lose. By learning more you will be able to create more life-changing opportunity.

Practice makes a man perfect

We all know that practice makes a man perfect. But in the field of Forex how do we practice to master the art of trading? There is a simple solution to that answer. You can easily use the metatrader 4 demo account to trade as long as you want. Your accounts will be funded with virtual and dollar and you won’t have to lose any real money. Most importantly it’s absolutely free. Even the most successful traders in the United Kingdom often use their demo account to fine tune their trading system. Make sure that you demo trade the market till you develop a balanced trading system to place your trade in the real market.

Keep your trading system simple

Trading the market with a complex system doesn’t mean that you will be able to make a huge amount of money. In fact, all the professional traders are trading with a very simple trading system. For instance, price action trading is often considered as the most simple and reliable way to trade market. But do you think that the expert traders neglect it due to its simplicity? The simple answer is NO. In reality, most of the expert traders use a very simple trading system to make a profit.

You need to read a lot to become a successful trader in the financial industry. If you think that your gut feeling will help you to become a profitable trader then never start trading. Every single thing in the market has a clear explanation. As a trader, it’s your duty to understand the market language. When you do the market analysis make sure that you use the higher time frame data. Multiple time frame analysis is another way to find a precise entry point for your trade. Try to find the long-term existing trend and place your trade in favor of it. If you lose a trade then embrace it. Never try to recover your trading loss since it will make things much worse. Always focus on the higher time frame and try to educate yourself with the proper knowledge of Forex. Learn price action trading system since it is one of the easiest ways to find profitable trades.


Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."

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GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

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The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

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The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

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Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

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Forex Blog also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.



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