Forex Tools for traders
Stay calculated and up to date with main influencing events. Follow our economic calendar and freely use the forex rebate calculator and forex pips value calculator to have a precise idea about your positions.
After you have finished analysing and finally you are locked on an asset and its direction, what is left to do is to decide the momentum. Even though you’re locked on a bullish/bearish trend, you need to decide where are your entry and exit points. If you are running a long term trade it is much simpler but when you’re scalping or hunting to lock onto a sharp market move you need to be precise and fast about quantity and timing. At the end of the day it is all about gaining and repetitive successful trades can bulk up into a great daily revenue. However, maneuvering swift and instant trades can distract and you may run out of margin or execute un-wise ROI trades.