Trading Quarter's Academy is a valuable knowledge base, explaining much of the industry terminology and jargon that is used important for those wanting to learn how to trade forex.
Using simple and clearly written English, the Academy explains not only the meaning behind terminology, but explores the history of trading and how society has evolved with the financial sector playing a critical role in the development of trade.
JP Morgan Reminds us of Risk and the importance of Risk Management
Steen Jakobsen, Chief Economist, Saxo Bank
Steen Jakobsen, Saxo Bank's chief economist discusses the value of risk and risk management in the market. Jakobsen has over 25 years of experience within the fields of proprietary trading and alternative investment and discusses the importance of surviving your losses and planning for future trades. There is a lot that can be learned from the past as well as relying on common sense.
Interest Rates Correlation to the Forex Market
Matti Williamson, FX and Commodities trader
Each country has a central bank that manages its currency and determines the interest rate in a meeting where each member of the central bank expresses their views in a voting system for either raising, lowering or holding firm to the current interest rate. A statement or a press conference often follows the decision on the new interest rate. In order to capitalize on interest rate announcements in the Forex market we must first analyze why a central bank would alter its current interest rate.
Forex Trading Strategies: Trade with The Relative Strength Index (RSI)
Matti Williamson, FX and Commodities trader
The Relative Strength Index (RSI) is one the most popular indicators used for trading in the financial markets.Traders use the RSI to measure the market's strength or weakness. If I can know when the market is about to post sharp gains or deep declines it will definitely assist me in my trades, whether it is forex or commodities such as gold and silver.
How to Understand and Apply News and Data
Trading Quarter Academy
The vast majority of trading platforms include a news and data feed. Read this article for guidance on how to understand and apply them, and stay ahead of the curve.
Japanese Candlesticks on the MetaTrader4 platform
Matti Williamson, FX and Commodities trader
Most of the forex traders are speculators. It means the trader that bought/sold a currency does not really wish to receive it. The speculative transaction is made in order to profit of the currency's strength or weakness. In the Forex market you can profit both from gains as well as declines. This is where the candlestick is a useful tool in providing a visual overview of the movement of a currency over the course of time.