Author: Victor Gryazin

Has been a trader since 2004 - Forex, stocks, commodities. Over the past years, gained experience and knowledge helped to form a personal vision of the market, combining fundamentals and tech, and I’m ready to share it with readers.

How to Choose your Broker: Guide for Beginner Trader

Everyone serious about trading on financial markets will inevitably face the necessity to choose a broker. The Internet is full of various offers and ads. At first glance, it seems virtually impossible to tell a lousy broker with a good advertising campaign from a trustworthy partner providing high-quality service. In this review, we will discuss the main criteria for distinguishing between them.

Trading News: How to Make Money on GDP?

How do you use the GDP data in trading? In the classical variant, the GDP data significantly higher than forecast promises growth of the national currency, so buys are in priority. Conversely, the GDP data weaker than expected entails a decline in the national currency rate, so sells are recommended. Also, you should evaluate the technical picture and prepare a trading plan.

Trading News: How to Make Money on Non-Farm Payrolls?

Non-Farm Payrolls (NFP) are essential data on employment in the USA, which shows changes in the number of employees out of the agricultural sector of the country during the last month. The indicator is based on a poll answered by some 400,000 companies and 50,000 households. Empirically, it has been figured out that if the NFP increases stably by +200,000 every month, the GDP surplus equals roughly 3%.

What Should a Trader Know About the Williams Percent Range?

The Williams Percent Range (Williams %R) is an oscillator of the price movement speed showing the position of the current price in the range between the low and high of the previous periods. The indicator is drawn in a separate window under the price chart and consists of the main line %R and two areas: the overbought and oversold ones.