What is a Forex Robot - How to use Forex Trading Robots in HotForex?
Strategies

What is a Forex Robot - How to use Forex Trading Robots in HotForex?

In essence, there are two ways Forex traders can approach trading: they can either decide to analyse the market and trade on their own, or they can go with the increasingly popular Forex trading robots that do all the hard work for you and place trades automatically. But, are they really a profitable substitution to trades hand-picked by experienced Forex traders? Let’s find out.
HotForex Review
about

HotForex Review

Multiple regulations.
Winner of over 40 Industry Awards
Commission-free trading accounts available.
Broker with some of the best range of Forex and Commodities markets
Free Account Funding
Auto Transfer - Instantly withdraw funds
Support Copy Trading
24/5 dedicated support in over 27 languages
What is Currency Correlation in Forex Trading? How It Works in HotForex
Blog

What is Currency Correlation in Forex Trading? How It Works in HotForex

There are many techniques that Forex traders can use to trade the market and improve their trading strategy. One of the most powerful yet often neglected techniques is trading on Forex correlation. This is especially important for traders who trade more than one currency pair or want to build a portfolio of trades, in which case Forex correlation can significantly boost profitability and reduce market risk. In this article, we’ll cover everything you need to know about correlation between Forex pairs, and we’ll even raise it to the next level by introducing currency correlation on news releases. Although Forex correlation may sound complicated and intimidating at first, I assure you it’s pretty easy to incorporate in your daily trading routine once you understand the concept properly.
HotForex Gold Trading Strategy - How to Trade Gold in 5 Steps?
Blog

HotForex Gold Trading Strategy - How to Trade Gold in 5 Steps?

The precious metal gold has been always perceived as a safe haven in times of troubled times. Our simple gold trading strategy will help you to buy gold and sell gold at the same time. Our proven gold trading approach uses a combination of Fibonacci retracements and seasonality trading. The best strategy for trading gold, or other commodities, is to do precisely the same as the smart money trade commodity. Our simple gold trading strategy is based off what works in the financial markets. So, it’s a strategy that tells you when to get into trades on virtually any time frame. Whether you’re looking at higher time frames for long-term investment or when you want to get in and out of short-term trades. If you’re concerned about inflation, or the economy in general, investing in gold is an excellent way to protect your wealth. However, if you’re trying to make money from the trends in gold that require a method, and when we trade gold, use our simple gold trading strategy. This guide will include every step to follow in order to understand how to trade gold the way big institutional traders do. We also have training for the best fractal trading strategy. First, let’s unlock the secrets of trading gold!
What is the Best Time of Day to Trade Forex Markets with HotForex
Blog

What is the Best Time of Day to Trade Forex Markets with HotForex

The Forex market is a specific financial market that trades over-the-counter. This means that there is no centralised exchange involved in the settlement of Forex transactions, like in the case of the stock market, and Forex market participants trade more or less directly with each other. There are certain benefits with over-the-counter markets such as Forex, including the ability to trade around the clock as the market doesn’t depend on the open market hours of a centralised exchange.

Open HotForex demo account for free