NiaTradingSignals

Believe it or not, the Forex market is very prone to seasonal markets. As some months fair better for currency pairs than do other months and this pattern occurs year after year. That’s one of the reasons automated trading systems tend to fail in some months and others are just fantastic.
The month of July is traditionally a good period for the USDJPY pair. In the last ten years, only once has the USDJPY dropped in the month of July. The first quarter ends in Japan just as the second quarter …

We have already discussed how to trade using forex fundamentals and also seen why I basically the top 5 reasons why I do not trade forex news .However ,this does not mean that one cannot make living trade forex news and forex fundamentals. Here are some of the ways that I think can help a forex trader increase their chances with trading forex fundamental Analysis.
1. Get the Whole Market Picture
If you decide to trade forex fundamentals on the basis of news, do it right and get the whole picture and …

The Australian Dollar is flying to new highs due to increased demand and
prices in the natural resources arena.  The Australian export list is half
natural resources, the remaining is made up with the booming Cotton
markets.
As prices rise greatly in metals such as gold, which is a top Australian
export, the dollar moves to near parity against other currencies like the
US dollar.   Australia’s oil exports are also bringing in more money than
ever expected.

The dollar is one of the most used currencies in the world, and no
doubt because there is so many of them.
Regardless of political policy and the United State’s federal reserve,
there has to be a reason why the dollar is so popular.So why is the dollar fall related so much in the past week to oil volatility?

It has become plainly clear after a long time forex trading that trading is more of a mental challenge than simple trading systems.I have endeavored to only look for forex trading systems that are easy for me to understand. I realized that I needed to keep my mind in shape and wasn’t going for a phd in forex trading but just wanted to make a living trading forex.
For those who wish to sharpen their minds these are some of the ideas I picked up

In yesterday’s top currency news, we discussed how major banks can see the yen carry trade coming back.
A Carry Trade is simply an investment strategy where one borrows an asset at one interest rate, sells the asset, then invests those funds into a different asset that generates a higher interest rate yield. Profit is acquired by the difference between the cost of the borrowed asset and the yield on the purchased asset.