Zahari Rangelov -Head of Business Development, TraderFactor.Zahari specializes in broker analysis, regulatory research, and trading education. He has over a decade of experience helping traders navigate the complex world of online brokers. His expertise spans technical and fundamental analysis, medium-term trading strategies, risk management, and trading psychology. A respected mentor and speaker, Zahari regularly leads webinars and seminars covering market sentiment, speculative instruments, and automated trading systems. His research-backed, practical approach has established him as a trusted authority within the global trading community
Forex chart patterns are invaluable tools for traders in the foreign exchange market. These patterns provide insights into the market’s behavior, allowing traders to make informed decisions and improve their chances of success. One such pattern is the EURUSD chart… Read More »Understanding Forex Chart Patterns
When it comes to forex trading, high leverage brokers can be a powerful tool for maximizing potential profits. High leverage forex brokers offer traders the opportunity to magnify their trading positions and take advantage of market movements. With leverage ratios… Read More »Best High Leverage Forex Brokers
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