Trading Forex Online: How to trade break out

If a trader trades Forex in a range and the currency rate break out of the range it is called a breakout. I was on YouTube and found this fellow explaining what break out is.

Social Trading Investment: Who to Copy?

In one of my previous posts was a video about the trading platform and the OpenBook at eToro. In this post is a video illustrating how to find or as he says in the video how to meet the Social Gurus at eToro.

More information and links to the trading platform are on my Forex website. If you like to be a Social Guru is more information about the Guru program on my website Earn an extra income.

Fundamental Analyzes? Relationship between Unemployment, Currency Rate and Inflation

In my last posts Fundamental Analyzes? FactorsInfluencing the Pricing On the Forex Market and Fundamental Analyzes? InflationIn Connection to Interest Rate and wage I have been writing about fundamental analyzes and some of the factors that affects the Forex market.

In this post I will illustrate how the unemployment rate affects the currency curve. The relationship is a macroeconomic relationship and is based on the last two posts and the articles Relationship Between Inflation & Unemployment Rate and the article NegativeRelationship Between Inflation & Unemployment 

In this post are overviews of the affects if the unemployment rate are low and high. The relationship between inflation and unemployment is also illustrated. Arguments why the relationship is as illustrated is in writing with videos in the last two posts and the mentioned articles.

If the unemployment is low 

If the unemployment is low the wages will rise. The prices and the inflation will also rise. Interest rates will fall and the currency will be weaker. 

If the unemployment is high 

If the unemployment is high the wages will fall. The prices and the inflation will also fall. Interest rates will rise and the currency will be stronger. 

The relationship between inflation and unemployment 

If inflation is high demand for goods will fall as wages is less worth. As demand for goods are less unemployment will start to rise.

If inflation is low demand for goods will rise as the wages value is worth more. As demand for goods are rising unemployment will start to fall.

Social Investment Network: An Illustration of a Trading Platform

In my previous posts I have been writing about Forex Social Trading Networks.

I was on YouTube and found a video from eToro; in the video they illustrate how their Web Trader is working and how to open a trade on the Web Trader. In the video they show how the social network is integrated with the web trader and how to make a copy trade.

They also talk about why social investment network is unique. The first part of the video (the first 20 minutes) is an illustration of the Web Trader; the last part (the last 26 minutes) is about the OpenBook platform and a fellow who tells about his trading strategies.

More video information about the social trading platform is on my Forex website.

Fundamental Analyzes? Inflation In Connection to Interest Rate and wage

In the last post I wrote about the article “The 8 Economic Factors that Affect the ForexMarket”  by Justin Stewart. One of the factors he mentioned in his article was inflation. But what is inflation and how does it affect the economy?

I found some videos on YouTube explaining what inflation is and how inflation affects the interest rate; the videos could be helpful in understanding fundamental analyzes.

The first video explains how inflation works in connection to wage and price changes

The second video explains how inflation works in connection with the interest rate. The interest rate is as mentioned in my last post one of the tropic the focus often is on as it is influenced by the monetary policy in the currencies countries.

The third video explains why inflation cannot be 0%

Fundamental Analyzes? Factors Influencing the Pricing On the Forex Market

I found another article on the free article base with the title “The 8 Economic Factorsthat Affect the Forex Market” by Justin Stewart describing 8 factors influencing the pricing on the Forex market.

The factors are useful in fundamental analyzes and the major focus is often on the interest rate as it is influenced by the monetary policy in the currency countries. On YouTube I found a video where a fellow illustrates how a rise in interest rate is making the currency stronger and a fall in the interest rate is making the currency weaker.

Trading Forex online? Disadvantages Using a Demo Account

I visited the website Article Base; a free article base allowing users to publish their articles on blogs, websites etc. I read the article “Importance of a Trading Demo Account by Jemsh Smith”. In the article is the advice to test different demo accounts and find the differences among these accounts.

During the last year I have read several articles describing the use of demo accounts. One of the disadvantages against demo accounts is that it is not real money and the trader has nothing to lose. If he instead opens a real account he will feel how it is to trade with real money. The trader will feel how his emotion will start to interfere with his decision.

Just to illustrate the thoughts in the articles I found a YouTube video where a fellow is telling about the disadvantages using a demo account.

Emotion in a trade is bad for the decision a trader makes and should be avoided. It could be done through trading rules. The purpose is to lower risk in a trade. The topic is further described in the article “Trading Forex Online? What Is Risk Management and Risk - RewardRatio? “

It is also possible to avoid emotion in a trade through visualization. The purpose is to get comfortable with the trading rules and learn to trust them. The topic is further described in the articles “ Online Trading? How Visualization Techniques Can Improve Skills To EnterA Trade “ and “Forex Online Trading? How toImprove Your Forex Trading With Visualization Techniques“

In the video the fellow talked about opening a real account and start trading with a minimum amount and the risk would be minimized. Another solution is finding a trading platform that offers a sign up bonus and start trading with the bonus. In the article “Trading ForexOnline? Trade Smaller and Make More Money” is described how a smaller amounts could generate a better profit margin than larger amounts.

Forex Social Trading Network: A Forex Social Trading Network (1 of 3 posts)

I have written some articles about Forex Social Trading Networks. In this post the first of three is my website where I have two videos about a Forex Social Trading Network. The first is about a Forex Social Trading network (a short video); the second is a 30 minute recorded webinar about how to copy other traders in the network.

Link to my Forex website : Website about Social Trading  

Forex Social Trading Network: Benefit From a Forex Social Trading Network: Learn to Trade Forex (2 of 3 posts)

I have written some articles about Forex Social Trading Networks. In this post the second of three is an article “Benefit From a Forex Social Trading Network: Learn to Trade Forex” it illustrates how to share information, follow other traders trade and how to copy other traders in a Forex Social Trading Network.

The article illustrates also how you can learn to trade through a Forex Social Trading Network.

Link to the article: “Benefit From a Forex Social Trading Network: Learn to Trade Forex”