As originally published at FinanceMagnates. There is one core reason why we make robots: In the simplest of terms to “make life easier for humans.” Solve a complex math problem, wash the dishes, wake you up in the morning, send a vacation responder… And the technology has evolved so much that we now can delegate […]

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As originally published at FX Empire. There are a lot of similarities between a car driver and a trader. In fact, you, a growing trader, would learn a lot by imagining yourself to be a car driver. When you start driving a car for the first time, you are pretty much overwhelmed. There are so […]

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What is a requote in Forex trading? Re-quotes are related to the delay in the execution of your orders as a result of which your original entry price of an order is rejected and a call made for the trader to buy the asset at a new price. The reason for this requote typically is that […]

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Young and newbie traders view supports and resistances as price points on the charts where prices are likely to reverse on their way down or on their way up. This kind of understanding eventually leads to shock and horror when prices do not respect these lines or price points. This indicates a poor understanding of […]

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Till a few weeks back, gold seemed to be on a free fall. Buyers were panicking and sellers were enjoying their time in the sun. And for good reason. Gold had taken a tumble losing 20% of its value in 7 months time and with the US ending its QE, there did not seem any […]

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