Basic knowledge

These website sections offer essential knowledge for navigating the Forex market, beginner-friendly guidance, and effective trading strategies. Whether you're new to Forex or seeking to refine your skills, you'll find valuable insights and tips to enhance your trading experience.

What is Non-Farm Report?

KEY TAKEAWAYSNon-farm payrolls (NFP) are an important economic indicator related to employment in the U.S.Understanding this data release can help set up forex trades

2021-06-15 10:35:20

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How the PMI Affects Economic Decisions?

KEY TAKEAWAYSThe Purchasing Managers Index (PMI) is a measure of the prevailing direction of economic trends in manufacturing.The PMI is based on a monthly survey of s

2021-06-11 17:37:14

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Predict Inflation With the Producer Price Index (PPI)

KEY TAKEAWAYSThe PPI measures inflation from the perspective of costs to industry or producers of products.Because it measures price changes before they reach consumer

2021-06-11 16:15:55

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Understanding Consumer Price Index (CPI)

KEY TAKEAWAYSThe Consumer Price Index measures the average change in prices over time that consumers pay for a basket of goods and services.CPI is the most widely used

2021-06-11 15:45:02

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Why GDP Is So Important to Economists and Investors?

KEY TAKEAWAYS Gross domestic product tracks the health of a country's economy.It represents the value of all goods and services produced over a specific time period w

2021-06-10 16:33:14

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How to Day Trade With Less Than $25,000

You've set up a brokerage account to trade stocks. Now you wonder how anyone is going to know whether you're a bona fide "day trader."Your broker will know, based on

2021-06-10 15:36:23

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3 Simple Steps Keep Your Day Trading Simple

"Keep your (day) trading simple." It's logical advice, yet rarely does the one saying it explain how to keep it simple. With thousands of articles, indicators, strategies, an

2021-06-09 15:24:40

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Day Trading Basics and Tips

Day trading involves making short-term trades, never lasting more than one day, in an attempt to make profits in the financial markets. Some day traders are very active, making

2021-06-09 14:37:20

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