WHAT IS LEVERAGE IN FOREX?
There is so much money to make in the forex market. Every day, foreign exchange transactions up to the tune of $5 trillion are carried out. If you are a new forex trader, putting all your eggs in one basket is a great risk. You shouldn’t use all your money as forex capital. However, using […]
Trading Harmonic Patterns with Price Action
In this article, we will discuss the basics of trading harmonic patterns with price action. We will look at the different types of harmonic patterns, how to identify them, and how to use them to make profitable trades.
How to Create and Use Expert Advisors in MetaTrader 4
This article explains how to create and use expert advisors in MetaTrader 4, the most popular trading platform for forex trading. Learn how to use expert advisors to automate your trading and maximize your profits.
Historical Analysis of GBP/USD
In this article, we will explore the historical analysis of the GBP/USD currency pair and how it has evolved over the years.
Developing a Profitable Forex Trading Plan
What is a Forex Trading Plan? A Forex trading plan is a set of rules and guidelines that you follow when trading the foreign exchange market. It outlines the strategies, risk management techniques, and entry and exit points that you should use when trading. A trading plan should be tailored to your individual trading style […]
The Importance of Demo Trading in Forex
Demo trading is an important part of learning how to trade forex. Learn why it is important and how to get started with a demo trading account.
What Actually Is Forex?
What Actually Is Forex? – An Exciting Journey Into The World Of Currency Trading It was a sweltering summer day in 2009 when Alex, a bright-eyed novice trader trading on the forex market, made his first million. As he watched the numbers on his screen soar, he could hardly believe it was real. Little […]
How to build a forex trading strategy
Forex trading is a very interesting yet lucrative business and is definitely not for everyone, especially the faint hearted. In fact many would go as far and say that only a very select group of people are even capable of making any money at all from the financial markets. Unfortunately for the rest of you […]
What is Forex Currency Strength Meter?
Forex currency strength meters provide real-time data for the current market trends, and the trader can decide which currency is overvalued and undervalued. This is also used as an excellent additional filter for technical forex analysis. Traders use currency strengths to predict currency movements when making the best decisions for the best trading experiences. It […]
What is currency volatility?
Volatility, in forex trading, is defined as the speed and frequency at which a currency’s exchange rate changes in the world of forex. A currency’s level of volatility (high or low) depends on how far its value deviates from the average value of that currency. In simple words, volatility is the measure of standard deviation. […]