forex Archives - Aussie Forex

Risk management in forex trading: Advanced techniques for experienced traders

by aussie forexforex, Trading July 12, 2023August 3, 2023Comments are Disabled

Risk management is a critical component of successful forex trading. In the fast-paced and unpredictable world of currency markets, experienced traders understand the importance of protecting their capital and minimising potential losses. Advanced risk management techniques go beyond setting stop-loss orders and encompass a holistic approach to preserving capital while potentially increasing its profit potential. …

The best advice for beginners in forex trading

by aussie forexforex, Forex tips May 21, 2023June 8, 2023Comments are Disabled

As a beginner in forex trading, you probably feel a bit overwhelmed by all of the information and terminology you are encountering. However, don’t worry – we have compiled some of the best advice for beginners in forex trading to help you get started on the right foot. Don’t put all your eggs in one …

What does a short position denote when trading currencies?

by aussie forexforex April 12, 2023July 10, 2023One Comment

A forex position is an amount of a currency that an individual or entity owns, which then exposes them to the movements of that currency against other currencies. The position can be either short or long. A forex position has three characteristics: The amount of currency owned. Whether the position is short or long. The …

Most popular forex chart patterns

by aussie forexforex, Forex tips March 22, 2023June 1, 2023Comments are Disabled

A few popular forex chart patterns tend to recur in the market. These patterns can give traders an idea of where the price is headed and how to trade it. Traders can use chart patterns to spot trends, movements, and formations that result from currency pair prices’ fluctuations. Forex chart patterns can assist you in …

When is the forex market open for trade?

by aussie forexForex tips, forex February 22, 2023June 1, 2023Comments are Disabled

When is the forex market open for trade? Answer is here

What does a long position denote in FX trading?

by aussie forexforex, Forex tips January 25, 2023June 1, 2023Comments are Disabled

To go long in foreign exchange trading (forex) means to buy with the hope that the value of your purchase will increase. It’s the opposite of going short when you expect the price to drop. In forex, the purchase you’re making is a currency, and when you go long, you profit when the value rises; …

The details you need to become a successful FX scalper

by aussie forexforex, Trading December 21, 2022June 1, 2023Comments are Disabled

The details you need to become a successful FX scalper?-Answer Here

Why you need a trust in Australia and what it is

by aussie forexforex August 23, 2022June 1, 2023Comments are Disabled

As an investor in Australia, you may be wondering whether you need a trust. What is a trust, and how can you benefit from it? A trust is a legal arrangement in which one person (the trustee) holds property or assets for another person (the beneficiary). You can use trusts for various purposes, including asset …

Most popular forex chart patterns

by aussie forexforex, Forex tips May 24, 2022August 21, 2022Comments are Disabled

Index CFD Trade-How They Work

by aussie forexforex, Forex tips, Trading May 4, 2022August 16, 2022Comments are Disabled

CFD trading can be defined as being the selling and buying of CFDs. CFD is an acronym of contract for difference. This derivative product enables traders to make financial market speculations like commodities, indices, forex, and shares without the need to take ownership. Instead, CFD trading means you agree to change the pricing difference of …