2023-08-01

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[XM Trading: For Beginners] Bollinger Bands often exceed 3σ Contrary is dangerous

Most Forex traders use Bollinger Bands. Bollinger Bands make it easier to know if there is a trend. However, the contrarian strategy using Bollinger Bands does not fit so well, so be careful.
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[XM Trading: For Beginners] Natural Gas Features, Spreads and Leverage NGAS

It is possible to trade natural gas on XM. Most users will typically trade the exchange rate, but some users will trade natural gas. However, natural gas tends to be more volatile.
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[XM Trading: For Beginners] What is the Pound Index? world’s four major currencies

The pound is considered one of the world's four major currencies, along with the dollar, the yen, and the euro. The value of the pound alone is very high, but when trading the pound, you can see the relative strength of the pound by looking at other pound combinations.
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[XM Trading: For beginners] Characteristics of people who lose every day in FX and stock day trading

Forex day trading is very difficult. First of all, there are many cases where day trading does not aim for a large price range, and most cases are short trades. Even if you can earn a lot of money, there are many cases where you do it in one shot, so you need to take care of your mental side.
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[XM Trading: For Beginners] Correlation between Euro Dollar (EUR/USD), Dollar Yen (USD/JPY) and Gold (GOLD)

It may be a recommended article for those who want to trade from now on. Gold trading tends to go hand in hand with the forex market. Therefore, since there is a correlation, it is very easy to do when combined with EURUSD and USDJPY.