It is always a good practice in both forex and binary options trading to make your trades based on various economic indicators that affect the currencies being traded. Every major world currency is measured by a wide variety of economic indicators.
ETF trading provides a more secure and diversified trading portfolio, without the hassle of picking and choosing various stocks.Of course, ETF trading is an art form in itself, and is not the same as stock investment.
Usually adopted by experienced traders, the art of forex hedging are also known as futures trading, the way it is done in stock and commodity markets. The easiest way to understand hedging is to think of it as insurance.
The CPI measures inflation (a sustained rise in prices in an economy) as experienced by consumers in their day-to-day living expenses. The increase in the CPI is what most people think of as the “inflation rate.” It is used by retailers in predicting future price increases, by employers in calculating salaries and by the government in determining cost-of-living increases for Social Security.
In the real forex trading scenario, there are no graphs and charts to refer to, and no signals or research to follow. You buy and sell currency pairs that move in directions contrary to each other. The strategies inform you when to enter and when to leave your position.
The foreign exchange market, or forex, being the largest financial market in the World has been the domain of government central banks as well as for commercial and investment banks in a scandalous manner and it exists wherever one currency is traded for another