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Trading Strategies

If you are looking for trading ideas or are simply looking to enhance your current strategy, then you have come to the right place.

Introduction

Forex Basics

Risk Management and Trading Psychology

Forex Basics

Taking a Fundamental Approach to Forex Trading

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Trading the Euro with Germany ZEW Survey

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Trading the Swiss Franc with the Swiss Trade Balance

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Trading the US Dollar with the FOMC Minutes

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Suggested Strategies to trade the US dollar with this economic release:

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Trading the Yen with Japan Trade Balance

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Trading the Aussie with Australia Trade Balance

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Trading the Australian Dollar with THE RBA RATE DECISION

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Suggested Strategies to trade the Australian dollar with this economic release:

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Trading the Euro with Germany Trade Balance

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Trading the Euro with the ECB Rate Decision

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Suggested Strategies to trade the Euro with this economic release:

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Trading the Euro with the ESI

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Trading the Euro with the IFO Report

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Trading the Greenback with the US Trade Balance

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Trading the Kiwi with the New Zealand Trade Balance

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Trading the New Zealand Dollar with the RBNZ Rate Decision

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Trading the Sterling with the BOE Rate Decision

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Suggested Strategies to trade the British Pound with this economic release:

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Trading the Sterling with the UK Trade Balance

Forex Basics

Taking a Technical Approach to Forex Trading

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Types of Charts

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Chart Patterns

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Triangles and Trend lines

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Volume

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Indicators

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Optimize Your Forex Trading With Bollinger Bands

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Optimize your Forex Trading With the Moving Average

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Optimize Your Forex trading with the RSI

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Optimize Your Trading With the MAC-D

Forex Basics

Grid Trading - Concepts, Mathematics, and Money Management

Forex Basics

Understanding Forex Correlation Concepts and Their Effect on Trading

Forex Basics

How You Can Benefit From an ECN Broker

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Who uses an ECN Broker?

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Ways to Use an ECN Broker to Benefit Your Trading

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Overview of ECN Benefits

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Alternative to the ECN

Taking a Fundamental Approach to Forex Trading

Trading the Greenback with the US Trade Balance

US trade balance is a powerful economic indicator released monthly in Washington by the Bureau of Economic analyses at US department of Commerce. The publication represents the difference between the monetary value of the American exports and imports for a given month. When the value of exports exceeds the value of imports, a trade surplus is created; and when the value of imports exceeds the value of exports, a trade surplus is created.

US Main Exports Commodities

US Main Exports Partners

Soybean, fruits, corn

Canada 22,2%

Organic chemicals

Mexico 12.9%

Capital goods

Japan 5.8%

Telecommunication equipment

China 5.3%

Consumer goods

UK 4.4%


US Main Imports Commodities

US Main Imports Partners

Agricultural products

Canada 16%

Industrial supplies

China 15.9%

Crude Oil

Mexico 10.4%

Capital goods

Japan 7.9%

Consumer goods

Germany 4.8%


Impact on the US Dollar
Calculated in billions of dollars, the US trade balance plays a significant role in anticipating the potential value of the greenback. The paradox is that the US is the world's leading importer while it is not the world's leading exporter. This has caused the US trade balance to run in the red territory as trade deficit becomes every month's headline. For that, currency traders need to follow the monthly change in the deficit. A narrowed deficit would boost up the greenback; while a widening deficit would hit the US dollar.

Forex Strategy Section    Metatrader 4 Education
Forex trading involves significant risk of loss and is not suitable for all investors. While you can earn a cash bonus,
you can also lose money due to the inherent risk of trading. Read full disclosure.

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