The obvious way to monitor and review your trading performance is to check your account balance, however we can dig a little deeper than that and explore our performance further.

As part of your trading, it is important to monitor your open positions and overall performance, and an effective way of doing this is to maintain a trading diary. A trading diary should detail all your trading decisions, including reasons for initiating a trade, your emotions when opening the trade, notes concerning the short- and medium-term trends observed in the price and perhaps any news surrounding the trade period, as well as daily adjustments of exits. A trading diary provides you with a methodical way of maintaining a clear focus, and it can also assist you with learning from your mistakes.

Price movements in the forex market may be hard to predict, but they aren’t entirely random, either. There is logic behind the way currency pairs rise or fall in value, and decades of forex trading have revealed that this logic can often be identified—and then predicted—through the use of technical indicators.

Technical indicators come in many shapes and sizes, and no specific indicator is viewed as a required tool for assessing potential forex trades. As traders gain experience and learn about the different technical indicators at their disposal, they end up developing a preference for specific indicators that align with their trading strategy and prove to be reliable over time.

These technical indicators can be broken down into three broad categories.

Valutrades is excited to offer a new method of payment for our clients -- Trustly! 

If you like to trade Economic News Events, you will know that Central bank Interest Rate decisions are almost always big movers of the markets.

Valutrades was given the opportunity to participate in a seminar at the Finance Magnates London Summit 2017.

Our CEO Graeme Watkins along with Chasing Returns CEO, Ann Hunt spoke about the impact of psychology on retention, redeposits, and trading volume, assessing how traders can improve and increase their activities by looking at unorthodox aspects of their performance.