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Random article: Personal spending
This index shows the amount of money spent to satisfy personal requirements. It has three components: expenses to buy durable goods (furniture, cars, home appliances), expenses for soft goods (food, clothes) and payments for services. To estimate the amount of expenses for buying durable and soft goods, the index “Retails sales” is applied. It is harder to estimate the amount of payment for services, because this value is subject to a constant change, and this value is hard to predict. “Personal spending” value is published monthly after 20th at 08:30 a.m EST (New York) simultaneous with "Personal income". Market impact is moderate. Growth of the index is positive for consolidation of national currency.
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Popular article: Forex trading tips
Forex trading will require very significant time and financial expenses. A novice trader should understand that if he does not study certain variations of analyses and strategies, then he will not have to count on a serious profit at all. You can practice on a demo account and get a phenomenal profit there, without using any technical methods of analysis, without having a deep knowledge of the features of the market. But this does not mean that by opening a real account you will get the same results. Success, of course, plays an important role in the work of the trader, but do not forget that the trading process is based on the knowledge that allows you to analyze the situation in the market and make your bids correctly. Accordingly, novice traders will certainly need to learn the tips provided.
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Successful Forex Trading: Trading Discipline
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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