NFP and Forex Trading: MAIN TALKING POINTS Non-Farm Payrolls (NFP) releases create volatility in the forex market. NFP measures net changes in employment jobs. Forex traders use an economic calendar to prepare for NFP releases. What is the NFP? The non-farm payroll (NFP) figure is a key economic indicator for the United States economy. It

The role of central banks in the forex market Central banks are mainly responsible for maintaining inflation in the interest of sustainable economic growth while contributing to the overall stability of the financial system. When central banks deem it necessary they will intervene in financial markets in line with the defined “Monetary Policy Framework”. The

Key Points Discussed in this interview How to identify dislocations in crude oil market Fundamentals allow traders to discover the true driver of commodity prices Facts about crude oil and natural gas that all traders should know Brynne Kelly is highly respected as one of the top voices in the energy market. With over 25

Trading journals: Main talking points What is a trading journal? Why are they useful? How to create a trading journal Trading journal template What is a trading journal? A trading journal is a log that you can use to record your trades. Traders use a trading journal to reflect upon previous trades so that they

Trading exit strategies that are effective: Traditional stop/limit (using support and resistance) Moving average trailing stops Volatility based approach using ATR Traders focus a lot of their energy on spotting the perfect time to enter a trade. While this is important, it is ultimately where traders choose to exit trades that will determine how successful

Fundamental and technical analysis can complement one another Fundamental and technical analysis can be combined to provide a holistic trading strategy. Traders often compare the differences between fundamental and technical analysis, however blending the two can have positive benefits. Although there are no hard facts as to which style of analysis is superior, combining the

GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall healthand potential growth of a country.Consequently, greater volatility in the forex market is closely observed during the GDP release. What forex traders need to know about GDP What

The Asian trading session is one of the best time of day to trade forex, as explained in the DailyFX Traits of Successful Traders series. Also known as the Tokyo session, the Asian trading session is often overlooked as it is not as liquid and volatile as other major trading sessions; but these characteristics are

The 24-hour forex market: Main talking points The Forex Market trades 24 hours a day, five days a week. The greatest amount of volatility happens during market open overlap. Forex traders can enter and exit trades at any time during the global business day. The 24-hour forex market is the largest market in the world

In this article, we’ll explore CPI and forex trading, looking at what traders should know about the Consumer Price Index to make informed decisions. We’ll cover what CPI is as a concept, the CPI release dates, how to interpret CPI, and what to consider when trading forex against CPI data. What is CPI and why