Learn the strategies to consistent and profitable (forex) prop trading.
To read an economic calendar, review key data, including event schedules, affected currencies, impact levels, past figures, forecasts, and actual results. Then, compare expectations with real outcomes to anticipate market reactions or behaviour. Let’s examine in more detail how to use an economic calendar to your advantage: The key parts of an economic calendar you...
Local holidays significantly influence the forex market. The majority of FX transactions are conducted within their framework, giving them substantial control over the value of their country’s fiat currency. During nationwide closures, notable effects can often be observed on the nation’s legal tender and trading volume. Let’s look at some of the negative things that...
Inflation can impact forex markets by weakening a currency through reduced purchasing power and investor uncertainty, while also prompting central banks to adjust interest rates. Market expectations and economic instability further drive forex price movements and volatility. Let’s look at how rising CPI rates affect forex trading and why you as a trader should monitor inflation reports:...
In this exclusive interview, successful forex prop firm trader (Toan) reveals key strategies he adopted to move himself from several trading losses/failures to consistent profitability. Let’s hear from him: 1. Tell us a little about yourself My name is Toan, and I have been actively involved in trading for over 2 years. At first I still had a full...
Gold trading, often traded as XAU/USD, is one of the most popular markets among forex and prop traders. Gold can move strongly during economic uncertainty, inflation fears, interest rate decisions, geopolitical tension and major changes in the US dollar. This makes it attractive for traders who look for volatility, liquidity and clear market reactions. At...
