This week we continue with the analysis of some of the most popular instruments with the currency pair GBP/USD, which was one of the best performing forex pairs last week. To a large extent, the arguments in the analysis remain valid when trading other crosses, due to the interdependence of the markets.
Source: Dreamstime
At Deltastock we believe that a balanced and structured analysis of some of the most traded instruments would be beneficial for our clients. To a large extent, the arguments in the analysis of a currency instrument remain valid when trading other crosses, due to the interdependence of the markets.
For example, the analysis for EUR/USD can be directly applied when analysing the USD/CHF cross, due to the very high negative correlation. That is, if the euro-dollar rises, the dollar-franc most likely falls, and vice versa. But for both currency pairs, the arguments for the USD would be valid.
Source: Dreamstime
We consider our customers as part of our team. Therefore, we will provide you with various methods and approaches that are used by professional traders. Our aspiration is to equip you with various tools and information and to create a traders’ ecosystem that would be useful and help you navigate the markets.
Author: DeltaStock
Reading time: 8 minutes
As you probably know, online trading is generally split into two camps: those who enjoy entering and exiting markets at breakneck speeds and those who are in it for the long run and prefer the more laid-back approach of holding positions for weeks, months, and even years on end.
Swing trading, however, lies somewhere in the middle. Not as fast-paced as your typical day trading or scalping session, it’s still dynamic enough to get your adrenaline pumping, while also giving you the flexibility to step away from the screen every now and then when needed.
So, what is swing trading and should you incorporate it into your daily routine?
Author: DeltaStock
Reading time: 8 minutes
Regardless of how long you’ve traded on the markets, it’s very likely that at some point you’ve heard about the so-called “scalpers” – a breed of traders who earn their bread by going through a series of small winning trades on a frequent basis. If you’re looking to find out if this popular trading method is the right fit for your needs, then simply keep on reading.
Source: DeltaStock
It’s no secret that market orders—those that allow the instant purchase or selling of any asset at its current market price, are widely popular among both novice and experienced traders.
But what if we don’t want to pay the current price of our chosen financial instrument? The solution to this problem is using the so-called conditional orders—flexible instruments that make semi-automated trading possible.