Our young yet experienced team of analysts is doing its best to bring you the most recent news and help you interpret them. Our reports will help you see the big picture and distinguish the information that will guide you on the right path.

                 A new form of trading is taking the world by storm: social trading or mirror trading. It’s quite easy to explain and to understand: financial institutions (usually brokers) offer the opportunity to see what other traders are doing and copy their trades. The majority of retail investors suffer losses in the Forex market, but there are a few that can bring in consistent profits on a regular basis.

                Forex is a growing business, with more and more people wanting to be a part of it. But one of the first requirements to enter this business is to have a broker to trade with. Of course, it’s not hard to find a broker, because there are so many of them. This also led to a fierce competition between brokers, trying to attract more and more customers. Some of the ways of attracting customers include a lot of marketing, advertising, “get rich” promises and special offers and bonuses.

                 Learning Forex can be hard, as the amount of information is huge and sometimes all the reading can be hard on the eyes. Some Brokers and Forex companies started offering a new kind of education in the form of Webinars. These can be also a form of promoting a product, an EA, a new book or a strategy.

                 One of the most powerful tools for a trader is Divergence. You cannot start your trading journey without knowing how to spot and use Divergences. But first of all, you must understand it.

               When trading Forex, the way of making money is by predicting with a high probability where price will go and trading accordingly. Price can do just three things: go up, go down or go sideways. In predicting the direction of price, traders use three types of analysis: technical analysis, fundamental analysis and market sentiment.

                Technical analysis.

                 If you want to make money in the Forex business, but you are not ready yet to start trading, or you don’t want to go through the hard process of learning, you have another option: go for a managed account. What this means is that you give full trading privileges to another experienced Forex trader.

               Today we are going to talk about a different way of trading – automated trading with the use of Expert Advisors. Expert Advisors (EAs) are software programs designed specifically for following a set of rules. It is called automated trading because once you set up the EA, it does the job by itself and no interference is needed from your part.