The impact of U.S. interest rates on gold and understanding it requires careful analysis and familiarity with economic concepts. Central banks worldwide, such as the Federal Reserve (the central bank of the United States), use setting interest rates as a tool to control inflation, money circulation in society, loan demand control, and so on. However,…
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A commodity refers to raw materials and primary goods that are traded in global markets and are used for producing other goods or for final consumption. These raw materials typically have similar characteristics and can easily be substituted for one another. Commodities directly impact the prices of final products and the global economic landscape. This…
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Forex Factory is a comprehensive website designed for forex traders, providing essential tools and information to support successful trading. Launched in 2004 by David Frankel as a discussion forum for traders to share insights and strategies, it gradually evolved into a professional trading community. In 2018, with the growth of Forex Factory, several specialized websites…
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In the Forex market, various conditions may occur, one of which is “range” or “range bound.” This condition arises when the price moves within a specific range and no clear upward or downward trend exists. Identifying ranges in the market can be highly beneficial for traders, as this situation typically provides an opportunity to apply…
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In the complex and volatile world of financial markets, one of the tools that traders use for more accurate analysis and informed decision making is Multi Timeframe Analysis (MTF). This method helps analysts gain a broader and more precise view of market movements by examining price charts in multiple timeframes. Concept of Multi Timeframe Analysis…
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In the Forex market, determining the correct trade size is one of the most crucial factors for long-term success. According to statistics published by Forex School Online, over 70% of beginner traders lose the majority of their capital not because of poor market analysis, but due to improper position sizing. Even traders with accurate technical…
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At the beginning, many novice traders entered the market through demo accounts, but since demo accounts were not real and did not allow trading with actual capital, they could not create a real sense of trading or accuracy in execution. In this regard, brokers decided to create accounts with low and accessible balances for traders…
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Choosing the right trading platform is as important for Forex traders as mastering the art of trading itself. Trading platforms are software applications that help traders execute and manage their trades on Forex brokers. They provide a platform for analyzing and reviewing market trends, with various tools and charts that cater to different trader skills.…
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Stablecoins are a category of cryptocurrencies that peg their value to stable assets such as the US dollar, gold, or other fiat currencies in order to reduce price volatility. These digital currencies, due to their relative stability, are a suitable option for investors and traders looking to preserve the value of their assets against the…
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In the early 80s to 90s, large banks like JP Morgan, Goldman Sachs, and others had units called “prop desks.” In these units, professional traders who were official employees of the banks traded using the bank’s capital to generate profits for the bank. This model became the foundation and concept of prop trading worldwide. It…
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