Unlike stock markets, forex markets are open 24/5 except on the weekends. There is a continuous price action all day in the currency markets. Do you know this fact more than 90% of forex traders are speculators?

Forex markets have the tendency to react violently to the release of economic and socio political news. You cant predict when important sociopolitical event will be breaking news.

Fundamental news like NFP figures, the housing sales number, FOMC meeting etc all are released at a known time every month. You can Google fundamental news to find a lot of sites that provide this information.

One these websites, you will find the day and time when a major economic announcement is expected. Non Form Payroll (NFP) figures have recently become very important for USD.

NFP figures are released at 8:30 AM EST on the first Friday of each month. Currency pairs like EUR/USD become very violent just after the release of these figures. EUR/USD can shoot up sometime by 50-100 pips in 5-10 minutes.

Keeping business costs low is important for maintaining a high profit margin in retail and service businesses. While businesses use a variety of budgeting methods to keep costs down, one often overlooked area is the cost of certain administrative supplies. Supplies like till rolls, ink ribbons, and related items can quickly create a dent in your budget if you aren’t careful about choosing the right consumable products.

Till rolls are necessities for businesses offering goods or services directly to customers. As these are lower priced items, many business don’t even stop to think about comparing prices of various brands of till roll paper and other similar stationary supplies. Consumable items like these are often used far more quickly than you anticipate and so the cost of replacing them regularly can begin to add up.

Are you new to trading, seeking out a reliable Forex strategy?

Many newer traders face the challenge of trying to identify the trend on the intra-day level in order to make their Forex strategy work.

This problem can be alleviated by using the 200 EMA – (Exponential Moving Average).

In surveys it was found that Forex traders all around the world vote the 200 EMA as one of their top indicators. So that is reason enough to use it considering the psychological effect it can have once price starts getting within spitting distance of the 200 EMA.

Using The 200 EMA Strategy

This Forex strategy requires you to set up 3 different time frame charts:

A 4 hour chart

1 hour

15 Minute Chart

On each of the charts in the 3 different time frames, add the 200 EMA indicator and choose a color, e.g. red, to make it easily recognizable.