Forex Trading Blog

The forex community should finally relax and chill because the universe has sent Mr. Patrick to the planet earth. You should no longer worry or fear the big banks because Mr. Patrick from No Nonsense Forex is here to help you.

Thanks to marketers, forex trading is often put in the category of ‘quick way to make money online’. If you are a beginner in forex you may have watched some videos with trading strategies where gurus make lots of cash. Those ‘experts’ usually sell education through live chats and teach people price action.

Many forex brokers offer Bitcoin CFDs where traders can profit on the Bitcoin price direction. When you trade crypto CFDs, you don’t own the actual cryptocurrency; instead, you forecast whether the price will fall or rise against the U.S. dollar.

Are you new to forex trading and feel totally lost? It might be good if you have someone to follow until you build your own trading plan. However, finding the right guy can also be tricky.

A few economic reports have significant impact on central banks’ decisions regarding monetary policies. Those decisions will usually produce swings in the U.S. dollar value against other major currencies. If you learn to read the figures, you might have a clue what the Fed will do next regarding the interest rates.

Do you stop trading because of the volatility? Does the volatility fear you? Read the article and you’ll know what is volatility and how to use it to get profit.

The rating agencies making their rating, often support or weaken the asset (currency, commodity). We analyzed how the rating agencies influence the market and how you can use their ratings trading binary options.

The future oil price is one of the main questions for traders. Different forecasts predict different prices. However, we considered all the factors and made our forecast.

How do you think, how much time you need to become profitable and successful trader? 1-2 months? Don’t make me laugh. Find out how much time it takes to become profitable.

Do you know that the license doesn’t guarantee the quality of the broker. I’ve collected the most popular licenses that binary options brokers have. It will be interesting for you to know which licenses are the most authoritative and how they protect the traders.

Do you want to know why it’s can be dangerous to use Martingale trading system? Do you know why it’s effective during no more than 3 bets? Read it, and you’ll find out interesting facts.

Such an important thing as an economic calendar should always be available to every trader. It does not matter if he uses on the fundamental analysis or technical - he will need a calendar. Read how to use it effectively.

Some reasons why it’s better to have two different deposits from several binary options brokers.

How to choose the best bonus for us? No deposit bonus - is it really so good as it sounds?

I combined all the basic mistakes of traders into four main groups. If you can avoid these mistakes, you can make sure that trading and, most importantly, earning is easy and interesting. Great trading!