The Asian forex trading session is one of the most unique and potentially profitable periods for currency traders. It spans from around 11pm GMT to 8am GMT and includes the major financial centers of Tokyo, Hong Kong, Singapore, and Sydney
For Kenyan traders, trading the EUR/USD pair between 4:00 P.M. and 8:00 P.M. EAT offers a window of opportunity to capitalize on the increased market activity. However, success in forex trading requires more than just trading at the right time; it also demands a comprehensive understanding of market dynamics, economic indicators, and effective risk management practices.
The forex market operates 24 hours a day during weekdays, thanks to the overlap of international trading sessions, which ensures continuous trading as the market moves across time zones from Sydney to New York. For you in Kenya, this means you have the flexibility to trade at almost any hour from Monday to Friday, which is both an opportunity and a challenge.
To be a successful trader it is important to master a price action strategy. It always surprises me that although price action is the most up to date information on any chart, so many amateur traders choose to focus instead on indicators. What is Price Action Patterns? We all hear that price action is the most …
How to Become a Professional Forex Trader What makes a trader a professional Forex trader? Why are they consistently profitable and you’re not? What do you need to do, or need to change in order to become a professional Forex trader? Understand how experienced Forex traders think Professional Forex traders don’t have God like abilities, they’re just the …
Whether you are a broker, full-time, or part-time day trader, everyone has the same reason for getting into forex…. To make MONEY! Are you making as much as you would like to? Probably not. Want to learn how to make more? Of course, you do. Keep reading to find out how Forex Leverage can be …
Over the years, I’ve spent countless hours studying market trends, analyzing currency pairs, and, most importantly, trading. I’ve had my fair share of wins and losses, and through it all, I’ve gained invaluable experience and formed my own opinion on the best time to trade forex in Kenya. Forex trading is a journey, and like …
So you want to learn to trade forex. Hmmmmm… This site will teach you how to trade. It will provide you information and links to information that will explain the trading process. The process of trading is not to be taken lightly. Should you decide to venture upon this journey, you must know that you …
What is FOREX trading and how does it work? Forex, or foreign currency exchange, is the largest trading market in the world, averaging a turnover of US $5.9 trillion per day. Trade Forex refers to the simultaneous buying and selling of currency pairs, traded against one another. For example, USD/GBP would be a pair consisting …
A Forex trading course is designed to take you from being a novice, with no experience in the Forex markets, to becoming a consistent and profitable Forex trader. Learning how to trade isn’t going to happen in 2 days, it requires time and experience to master trading strategies. Please understand that a Forex trading course must be more than just an …