The most traded currencies in the world might be a bit more surprising than you imagined. For example, did you know that tiny Norway has 1.7% of the forex turnover, despite having only 0.06% of the world’s population? This is the result of having an open economy, decent policies, and huge resources of the most…
Forex trading is a complex field that is hard to succeed in. One strategy that has gained traction in recent years is the Smart Money Concepts (SMC) trading strategy. SMC encompasses a range of techniques and principles that can greatly enhance a trader’s ability to navigate the forex market. In this article, we try to…
In the world of finance, geopolitical risk refers to the potential impact of geopolitical events on the economy and financial markets. Geopolitical events include wars, elections, political unrest, policy changes, trade disputes, terrorism, and other types of conflict or instability. Making our trading strategies resilient to such events is an important part of a risk…
The British pound (GBP) is the oldest currency still in use in the world today. It was first issued as legal money in the year 760 AD. According to the CME Group, the British pound and US dollar are underwritten by more than $250Bn in trade annually, which makes it one of the most actively…
Trading and investing can be very risky, and it is well known that diversification is one of the most time-tested ways to reduce risks. This is where the Forex basket trading strategy comes in, but what is forex basket trading? Basket trading is a trading strategy where you simultaneously trade a group of different securities….
