The New York Forex Session Time typically runs from 8:00 AM to 5:00 PM Eastern Standard Time (EST), which corresponds to 4:00 PM to 1:00 AM East Africa Time (EAT) in Kenya. This session’s timing allows traders in Kenya to actively participate in the market during their daytime hours.
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 …
If you’re based in Kenya and looking for ways to make money online, Forex trading is an excellent option. Forex trading involves buying and selling currencies with the aim of making a profit, and it’s possible to do it all from the comfort of your own home. In this article, we’ll provide you with a …
Have you ever come across a person who asks this question? Maybe you haven’t because you are also new to online forex trading. You are probably also looking for a person to guide you. But if you were in my position, this type of questions has everything skewed up. I normally do not answer such …
There are two type of investors in the forex market. Those who learn all there is to learn about the market, and those who approach forex trading as if it was a gamble. They do not take their time to learn. To them, investing in forex is not so much unlike spinning the roulette. They …
Every successful forex trader needs a set of skills and characteristics. Some of these skills we can acquire through training while others we can only develop from constant practice, which is why a demo account comes handy. The ability to understand the fundamentals of a currency and the ability to point the direction of the …
The best way for beginner forex traders to become acquainted with the forex market is to trade on a demo account. But where do you get a free demo account to practice trading? Don’t sweat the small stuff. Many forex brokers offer a free demo/practice account. To access the demo, you only need to sign …
Forex scalping is the fastest way I’ve found to generate quick cash in the forex market. According to the market, a lot of traders are still on the fence when it comes to the Pros and Cons of this style of trading. What i have found from my research and testing is that Forex scalping …
I have had the privilege to tutor many intermediate and beginner forex traders in Kenya. Almost all the traders I have dealt with ask one common question: “What should I do right now, should I buy or sell?” The question reminds me of when I first started trading online forex. The truth is that there …