Zahari Rangelov is an experienced professional Forex trader and trading mentor with knowledge in technical and fundamental analysis, medium-term trading strategies, risk management and diversification. He has been involved in the foreign exchange markets since 2005, when he opened his first live account in 2007. Currently, Zahari is the Head of Sales & Business Development at TraderFactor's London branch. He provides lectures during webinars and seminars for traders on topics such as;Psychology of market participants’ moods, Investments & speculation with different financial instruments and Automated Expert Advisors & signal providers.Zahari’s success lies in his application of research-backed techniques and practices that have helped him become a successful forex trader, a mentor to many traders, and a respected authority figure within the trading community.
On Monday, the dollar failed to gain traction and was trading near five-month lows as traders ignored stronger-than-expected US job data while rising hopes of China reopening lifted risk sentiment. The dollar index was down 0.18% at 104.28, its lowest… Read More »Forex Forecast: EUR, GBP, AUD, CAD, Gold Ahead of Fed Hike
The US Dollar is still strong, while the commodity currencies are weak and the Bank of Japan still needs to defend the Japanese Yen. The ongoing stock market bear market, which saw the benchmark S&P 500 Index and the NASDAQ… Read More »Forex Forecast: USD, GBP, JPY, NZD, EUR
As a forex trader, one of the key elements to success is having a well-defined trading plan. In this discussion, we will explore the importance of a forex trading plan, the components it should include, risk management strategies, setting realistic… Read More »Creating an Effective Forex Trading Plan
When you want to start trading forex, you may be curious about what forex leverage is and how it works? Imagine having the ability to amplify your FX trading potential and increase your profits 24 hours a day, with just… Read More »What Is Forex Leverage?
In Forex trading, a spread is the difference between the bid (buy) and ask (sell) prices of a currency pair, serving as a key cost component for traders. This gap represents the broker’s fee for facilitating the trade, directly impacting… Read More »What is a Spread in Forex Trading
After a four-day losing streak, the S&P 500 rebounded on Monday, gaining 0.7% and breaking its losing streak. The Nasdaq Composite saw even greater gains, surging 1.6%, while the Dow Jones Industrial Average experienced a slight 0.1% loss. This rally… Read More »S&P 500 Ends Losing Streak, Nasdaq Surges 1.6% Amidst Tech Stock Gains
The EUR/USD pair maintained its position above 1.1000 following the release of US inflation data on 10/08/2023 CPI data had a significant impact on the currency pair as it provided insights into the health of the US economy and the potential direction of monetary… Read More »EURUSD Spikes Above 1.1000 After CPI Data
📢 The US dollar is currently experiencing a sharp drop, with below-expected numbers causing a notable response. 📣 The Bank of Japan (BoJ) confirms that their recent adjustment to the yield curve is intended to maintain loose monetary policy in… Read More »Market Analysis: US Dollar Retreats from Key Resistance, CPI & PPI Data Incoming
Are you looking for the best time to trade forex maximizing profit potential maximize your profit potential in forex trading? If so, understanding the best time to trade central and foreign exchange often, is essential. The foreign exchange market operates… Read More »The Best Time to Trade Forex: Maximizing Profit Potential
Forex traders are constantly seeking reliable tools to enhance their strategies and gain a competitive edge. The Forex Factory Calendar emerges as an invaluable resource, offering real-time updates on global economic events that can significantly impact currency markets. By providing… Read More »Forex Factory Calendar: An Invaluable Resource for Forex Traders