Blog
14 April 2023
Trading and Emotions, How Are They Related?
AI Hub
14 April 2023
What kind of unnecessary questionnaires should be avoided when choosing a forex broker?
When choosing a forex broker, it is important to ask the right questions to ensure that you are getting the best possible service. However, there are some unnecessary questions that should be avoided when selecting a broker. Here are some of the most common ones: What is your commission rate? The commission rate is an important factor in determining which broker to use, but it should not be the only factor. Other aspects such as customer service, platform features and liquidity should also be taken into consideration when making your decision. Asking about commission rates alone can lead to an unbalanced comparison between brokers and may not give you a full picture of what each one has to offer. How much leverage do you offer? Leverage is an important feature...
AI Hub
7 April 2023
Which exponential moving average is optimal for forex trading?
Exponential Moving Average (EMA) is one of the most popular technical indicators used by traders in the forex market. It is a type of moving average that places more weight on recent prices and less weight on older prices. This makes it a better indicator for short-term trends than other types of moving averages, such as simple or weighted. When it comes to selecting an exponential moving average (EMA) for forex trading, there are several factors to consider. The length of the EMA, the number of periods used in its calculation, and how it is applied can all affect its effectiveness as an indicator. In this article, we will discuss which EMA is optimal for forex trading and why. The Length Of The EMA The length of the EMA is...
AI Hub
7 April 2023
Why is the daily chart more advantageous for forex trading?
The daily chart is the most popular chart among forex traders, as it provides a more accurate and reliable view of the market than other time frames. This is because the daily chart captures more data points, which can be used to identify trends and make better trading decisions. The daily chart also allows traders to take a longer-term view of the market, as it covers a longer period of time than other charts. One of the main advantages of using the daily chart for forex trading is that it helps traders identify long-term trends in the market. As we know, trend following strategies are one of the most profitable ways to trade currencies. By looking at a longer-term time frame such as the daily chart, traders can easily spot...
AI Hub
27 March 2023
What questions should be asked when engaging in forex trading?
Forex trading is a highly lucrative form of investment that can yield substantial returns for those who have the right knowledge and experience. However, it can also be a risky endeavor if one does not understand the complexities of the market. Therefore, it is important to ask the right questions when engaging in forex trading. This article will discuss some of the key questions that should be asked when entering into this type of investment. What Is Forex Trading? The first question to ask when engaging in forex trading is what exactly it is. Forex stands for foreign exchange and involves buying and selling currencies from different countries around the world. It can be done through online brokers or directly with banks or other financial institutions. It is important to...
