The obvious answer is to make a deposit, but this is not the only way you can grow your
forex trading account.
This is a hotly debated topic in the forex world. Most
forex brokers offer them and there are even no deposit bonuses. First let us take a look at what the difference is between a
deposit bonus and a no deposit bonus.
Gold and exchange rates - these two tools of trade always had a pretty close relationship. Traders can use this factor to predict the trend for the currency pairs and the price of this precious metal.The primary factors that influence this relationship are the dependence of the economy on the price of gold and a place of a particular currency in the global currency market.
Many inexperienced forex traders and those who have failed at
trading forex are quick to dismiss forex trading as gambling. Lack of knowledge and frustration are the two biggest contributors of this misconception. Forex trading is nothing like gambling, but many fail to understand this.
Trading based one the release of economic reports belongs to the fundamental side of trading forex where technical charts, price action and indicators are simply ignored.