Categories: Formula

Pearson Correlation Coefficient Formula: A Guide for Traders

The Pearson Correlation Coefficient is an important formula used in the forex market to measure the degree of correlation between two currency pairs. This formula takes the prices of two currency pairs and determines the extent of movement between the two currencies. It helps traders to determine which currency pairs are associated with each other and potentially provide trading strategies. The Pearson Correlation Coefficient uses a value range between -1 and +1 to indicate a strong correlation, while a value of 0 indicates no correlation. A negative correlation (values from -1 to 0) means that the currency pairs move in opposite directions and a positive correlation (values from 0 to 1) means that the currency pairs move in the same direction.

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Categories: Forex Trading Strategies

When are Forex News Days? A Guide for Traders

Forex news days are the days when major economic data is released that affects currency values. This data is usually released by central banks or governments in order to control or influence their currency trading. Generally, forex news days come on Monday, Wednesday and Friday in both advanced economies and emerging markets. On these days, traders become more active and watch the markets for potential price movements, so it is important to be aware of the possible forex news events and prepare accordingly.

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Categories: Formula

Operating Leverage Accounting Formula: An Overview for Forex Traders

Operating leverage is a measure used in accounting to determining how profits vary in response to changes in the operating activities of a business. It refers to the use of fixed costs to leverage, or multiply, profits when production levels increase. The operating leverage formula is important for forex traders because it helps them understand the potential risks and reward of a given trading strategy. It allows traders to see the potential volatility of their investments and the best ways to maximize returns. Operating leverage can also be used to determine the optimal trade size by taking into account the fixed costs associated with the position. By taking advantage of operating leverage, forex traders can accurately calculate the risk and reward of a given trade.

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Categories: Forex Trading Strategies

Latest Forex News: An Up-to-Date Overview for Forex Traders

The latest forex news continues to bring intriguing insights on the economic landscape across the world. In the US, the Fed’s recent move to expand quantitative easing has had a strong impact on market sentiment with the currency pair of USD/JPY remaining stable. Meanwhile, a weak euro continues to weigh on the currency pair of EUR/USD, though the euro may rebound in the short-term on the back of an improving German industrial production. Further afield, other key sets such as the GBP/USD and AUD/USD are responding positively to a recent Brexit trade deal, as well as upbeat economic news from China. It’s an interesting landscape to keep an eye on as forex traders make their moves.

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Categories: Forex Trading Strategies

ctRader Forex News Calendar for Professional Traders

trading

The cTrader Forex news calendar is the perfect tool for any professional Forex trader. It displays current and upcoming economic events that could directly affect the Forex market, helping traders stay one step ahead. It features a detailed overview of each event which includes the date, time, importance, expected changes in the market and more. This calendar is easy to use, and with regular updates, traders will discover the most accurate and up-to-date news.

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Categories: Forex Reviews

Netpicks Customer Service: An Impressive Review!

NetPicks Customer Service offers a wide range of quality support to all its clients in the Forex trading market. They provide the latest information, industry updates, education, market analysis, and help with every step of the trading process. The experienced and knowledgeable Customer Service Team is there to provide help and guidance on the trading platforms, strategies, and data analysis. They offer personalized support, including access to live webinars, trading tips, course materials, and more. With support at all hours of the day, NetPicks Customer Service guarantees a hassle-free experience for all customers.

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Categories: Market

Technical Analysis of Financial Markets – A Guide for Forex Traders

Technical Analysis of the Financial Markets: Forex helps traders to identify signals in the market to make more informed trading decisions. By using a variety of analytical techniques, such as trend analysis, Elliott Wave, Fibonacci retracement, support & resistance, volume and open interest, traders can gather information on potential price movements. Furthermore, Technical Analysis also helps traders to identify price trends and interpret news events that may affect the markets. Additionally, by keeping an eye on key support levels, traders can set entry and exit points to maximize profits from their trades. As such, Technical Analysis is a powerful tool for any aspiring trader, offering the edge needed to make successful trades in the dynamic forex markets.

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Categories: Ratio

Plowback Ratio: An Introduction to Forex Trading

Plowback ratio is a key metric used for assessing the performance and risk associated with leveraged foreign exchange (Forex) trading. It is the ratio of net profits to total capital invested, expressed as a percentage. This measure helps traders assess the feasibility of their trading strategies and acts as a benchmark for gauging the level of risk they must assume when entering the market. It is particularly important for long-term investors and speculators, as a high Plowback ratio implies high profitability with minimal risk, while a low Plowback ratio indicates unprofitable trading or high risk. For traders, the Plowback ratio is a valuable tool for evaluating the return on their investment over time.

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Categories: Forex Trading

Indices Trading Meaning: A Guide for FX Traders

Indices trading is a form of financial market trading whereby investors purchase shares in a stock index which represent the total value of all stocks contained within it. This index is tracked and monitored to determine its movement in order to measure the overall performance of the stock market. Traders can make money by either buying and selling the stocks within the index, or by trading the index as a whole. In Forex trading, indices can be traded as either CFDs (contracts for difference) or direct investments, which both provide the trader with the opportunity to take a short or long position. Trading indices in Forex allows traders to diversify their portfolio and gain exposure to the performance of global stock markets without having to commit large amounts of capital to buying individual securities.

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Categories: Forex Reviews

Forex Traders Alerted to Possible Tinder Scam Risks

Online Forex trading platforms, such as tinder, have become popular amongst traders looking to make money from the market. Unfortunately, there are online scammers who use these systems to take advantage of unsuspecting victims. Forums dedicated to warning users about these scams have become popular, and allow affected traders to speak out and share their stories while alerting others of unsafe practices. These forums also host general discussion for traders, to discuss strategy and their experiences. All Forex traders are urged to be vigilant when using these online platforms and to seek advice in these forums before engaging with any suspicious activity.

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