Tag: forex trading sri lanka

If you want to do forex trading in Sri Lanka, you would need to understand that economic indicators can have a huge impact on the currency market. Economic indicators show the strength and potential of an economy of a country. They provide you with a complete picture of an economy’s current and potential standing with […]

Various indicators are used by traders for forex trading in Sri Lanka in order to get some detailed understanding of the supply and demand of currencies. There are many ways to analyze the forex market and what’s important is how to use various technical tools to analyze the market information. You can learn to analyze […]

Before you start forex trading in Sri Lanka, as an investor, you must understand the some of the technical terms that are used in the forex market as you will be encountering those terms while trading in the forex market: What is Pip in Forex ? Pip stands for percentage in point or price interest […]

The currency market is the largest and enjoys the highest level of average daily turnover amongst all the financial markets. Forex market serves many purposes, but its main purpose is to cater the currency requirements of importers, exporters, and travelers from around the world. However, forex trading in Sri Lanka is enclosed in a circle of mystery […]

Forex trading in Sri Lanka can be a fascinating experience. Traders are always looking to attain the best market prices. These forex traders look into what the market has to offer for them and try to catch the right opportunities that could have great possibilities of high profitability. There are many reasons which make the […]

Being emotional is part of being a human. But getting emotional when you are trading in forex market might not be such a good thing. You can’t avoid emotions, but what you can do is not let them influence your decision-making abilities. As a result, it is important that you understand what type of emotions […]

When it comes to doing forex trading in Sri Lanka, it is a lot more than just studying numbers, charts, patterns, and ratios. It also involves the personal skills and talent of the trader. However, even the best of forex traders work on improving and sharpening their skills with diligent preparation, training, and discipline. In […]

To maintain a proper journal is always an important task when it comes to forex trading. The main purpose of doing this endeavor is to determine, monitor and keep the focus on your foreign currencies and their performance in the market, and to improve your overall portfolio of foreign exchange trading. A forex trader with […]

Every financial market, including the forex market, in the world, has the tendency to rise and fall. The best way to figure out the market movements is to analyze their price action along with the different levels of price movements. Two main levels in the forex market are support and resistance levels. Support and resistance […]

The price action trading analysis is the evaluation of raw price movements through price charts in the forex market for over a period of time. Using the price action of a forex market, you can see which direction is the market moving and how you can use it to earn profits while trading. For doing […]

In forex trading, forex analysis is utilized by traders in order to figure out whether to buy or sell a particular pair of currency. The analysis could be technical where tools like charts, etc. are used. On the other hand, it can also be fundamental in nature where economic indicators or the latest news are used to […]