{"id":62,"date":"2022-03-04T12:24:20","date_gmt":"2022-03-04T12:24:20","guid":{"rendered":"https:\/\/www.impactconnect.co.za\/?page_id=62"},"modified":"2022-03-04T12:24:20","modified_gmt":"2022-03-04T12:24:20","slug":"understanding-forex","status":"publish","type":"page","link":"https:\/\/www.impactconnect.co.za\/?page_id=62","title":{"rendered":"Understanding Forex"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\">Understanding Forex<\/h1>\n\n\n\n<p>This series of 10 articles starts with an essential guide on the basics of foreign currency trading. Readers are then introduced to the comparisons between forex and stocks, before we explore the importance of the news cycle as it relates to forex, and also look at some different trading strategies.<img decoding=\"async\" alt=\"Understanding Forex Theme Header\" src=\"https:\/\/www.forex.com\/~\/media\/forex\/images\/education\/articles\/understanding-forex\/understanding-forex-theme-header.jpg\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is forex trading and why does it appeal to retail traders?<\/h2>\n\n\n\n<p>If you\u2019re interested in trading, and have perhaps already started creating a portfolio, it might be the right time to consider the opportunities available in forex trading.<\/p>\n\n\n\n<p>MORE ON FOREX AND RETAIL TRADERS<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Forex versus stocks: How do these two trading instruments compare?<\/h2>\n\n\n\n<p>Trading currencies and trading on a company\u2019s share price involve very different tactics. Which suits you? Read on to find out.<\/p>\n\n\n\n<p>MORE ON STOCKS AND FOREX<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Currency pair correlation: How does fx align with other assets?<\/h2>\n\n\n\n<p>How do forex pairs interact with each other \u2013 and with other asset classes such as commodities and equities? Find out in this in-depth article.<\/p>\n\n\n\n<p>READ MORE<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">How GDP data helps forex traders consider the bigger picture<\/h2>\n\n\n\n<p>Gross Domestic Product data is important for economists. That means it\u2019s important for the financial markets, particularly so for forex currency pairs involving the dollar.<\/p>\n\n\n\n<p>MORE ON GDP DATA<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">How to use NFP data to help your forex trading<\/h2>\n\n\n\n<p>Read our guide to understand why NFP data releases are such important \u201csignposts\u201d for forex traders and discover some of the ways in which traders react to the news.<\/p>\n\n\n\n<p>MORE ON NFP DATA<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">How CPI impacts forex trading<\/h2>\n\n\n\n<p>The Consumer Price Index or CPI is a critical inflation measure and an essential economic indicator for forex traders to follow. Here\u2019s more on what it is and how it\u2019s applied.<\/p>\n\n\n\n<p>MORE ON CPI AND FOREX<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">How to day trade forex: Introduction and strategy<\/h2>\n\n\n\n<p>Day trading is a short-term trading strategy and involves making trades over the course of a few minutes to a few hours. Here, we look at what day trading is and how it can be applied to forex.<\/p>\n\n\n\n<p>HOW TO DAY TRADE FOREX<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">What is swing trading and how does it work in forex?<\/h2>\n\n\n\n<p>Swing trading suits agile forex traders looking for trading opportunities from favorable chart patterns. It\u2019s about reacting to daily price action and taking a view on the short-term direction of a particular market.<\/p>\n\n\n\n<p>MORE ON SWING TRADING<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Forex scalping strategy: What to know about scalp trading forex<\/h2>\n\n\n\n<p>Scalping is the shortest-term trading strategy, involving many quick trades to try and secure small profits \u2013 but it comes with a significant degree of risk. Here, we dive into what scalping is and how it can be applied to forex.<\/p>\n\n\n\n<p>READ MORE<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">What to know about forex interest rate trading<\/h2>\n\n\n\n<p>Interest rates are crucial to follow for forex traders. Here, discover more about how rates impact currency markets and how they can be incorporated into a strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understanding Forex This series of 10 articles starts with an essential guide on the basics of foreign currency trading. Readers are then introduced to the comparisons between forex and stocks, before we explore the importance of the news cycle as it relates to forex, and also look at some different trading strategies. What is forex [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-62","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.impactconnect.co.za\/index.php?rest_route=\/wp\/v2\/pages\/62","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.impactconnect.co.za\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.impactconnect.co.za\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.impactconnect.co.za\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.impactconnect.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62"}],"version-history":[{"count":1,"href":"https:\/\/www.impactconnect.co.za\/index.php?rest_route=\/wp\/v2\/pages\/62\/revisions"}],"predecessor-version":[{"id":63,"href":"https:\/\/www.impactconnect.co.za\/index.php?rest_route=\/wp\/v2\/pages\/62\/revisions\/63"}],"wp:attachment":[{"href":"https:\/\/www.impactconnect.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}