Trading in the forex market is surrounded by a certain amount of mystique, because there is no single formula for trading successfully. Why do some forex traders succeed and others fail, what sets the winners apart from the losers? Successful traders have acquired certain skills and habits that they have finely adapted and tuned to their interactions with the unique environment of the market.
German economic growth will slow in the second quarter after an unusually mild winter gave Europe's largest economy a boost in the first three months of 2014, the Finance Ministry monthly report said yesterday.
Trading forex or binary options is the comparison on what we are going to take an objective look. In order not to be sorry about your decision you have to conduct a comparative analysis of these both trading types. Preliminary training and education are essential for any kind of trade because the amount of profit is directly influenced by the level of the trader’s knowledge and experience.
This coming week Forex traders await data on Japan's trade balance, index of business activity in the manufacturing sector from HSBC bank, PMI data from the USA, Germany and France, the interest rate decision of the Reserve Bank of New Zealand and other events.
Forex trading just like any other sphere of life requires a certain system and philosophy for achieving success. The professional way in every aspect of life lies through education and that’s the case with forex trading too. Forex trading education is important because as simple as it is to get in and out of the forex market these days it's still a serious matter that requires knowledge.