Start Analyzing the Market Like a Pro

We at Analytics Trade offer various trading analysis plans so that you can get proper Market Analysis and insights at an affordable price. Our Trading Performance Analysis tools can play a vital role in improving your trading skills.

The term “trading performance” refers to a means of assessing how well a trader is performing. A basic return on capital calculation is an accessible way to measure performance.

Another method to apply the Pareto Principle to trading, such as in Forex, is to concentrate on the 20% of currency pairs that provide 80% of the outcomes. This implies that you would just trade a few currency pairings rather than attempt to trade them all.

There are innumerable ways to analyze the Forex market, but its goal is the same: trying to predict where the price is headed next. The most popular types of forex analysis are: Technical analysis, Fundamental analysis and Sentiment analysis.

Forex Position Trading – Position trading requires an investor to hold a specific position for months to years. This is the best trading strategy ever, but it requires patience just as you would hold long-term stocks. History shows that you can make significant rewards with this strategy.

Relative Strength Index (RSI)

It is known to be the most commonly used forex indicator and showcases an oversold or overbought condition in the market that is temporary. The RSI value of more than 70 shows an overbought market, while a value lower than 30 shows an oversold market.

Trend trading is one of the most reliable and simple forex trading strategies. As the name suggests, this type of strategy involves trading in the direction of the current price trend. In order to do so effectively, traders must first identify the overarching trend direction, duration, and strength.

There are four main types of forex trading strategies: scalping, day trading, swing trading and position trading. Different trading styles depend on the timeframe and length of period the trade is open for.

There is a steep learning curve and forex traders face high risks, leverage, and volatility. Perseverance, continuous learning, efficient capital management techniques, the ability to take risks, and a robust trading plan are needed to be a successful forex trader.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.

Less volatility

The fact that major currency pairs such as EUR/USD and EUR/GBP tend to be less volatile overnight may make them the best forex pairs to trade at night for beginner FX traders. They tend to be less active and thus less volatile at night, particularly if they do not involve an Asian currency

Following the trend is probably the easiest trading strategy for a beginner, based on the premise that the trend is your friend. Contrarian investing refers to going against the market herd. You short a stock when the market is rising or buy it when the market is falling.

Overtrading – either trading too big or too often – is the most common reason why Forex traders fail. Overtrading might be caused by unrealistically high profit goals, market addiction, or insufficient capitalisation

In 2022, a successful novice can earn around $100 a day at Forex, provided that: his deposit is at least $200, he trades using the EUR/USD currency pair, with leverage of 1:100, and uses a successfully aggressive strategy. The larger your deposit is, the larger your profit will be

The Euro/US dollar pair is regarded as the most profitable currency pair in forex for the following reasons; High Liquidity: The European economy is the second-largest globally, while the US is the largest