April 15, 2021
There is a popular belief among traders that you can start Forex trading with a little amount of money and become a multimillionaire in just a few weeks. This is highly unlikely. In fact, research shows that 95% of retail Forex traders fail to succeed, an
April 13, 2021
The rectangle is a simple technical analysis pattern that forms when parallel support and resistance levels cover the price at the top and at the bottom. You’ll often find this pattern during consolidation in trending markets. The price bounces within the
April 11, 2021
The foreign exchange market is the largest and most liquid financial market in the world, with razor sharp spreads and daily trading volumes in the trillions of dollars. It is also one of the least volatile markets in the world, with traders being forced
April 6, 2021
Before you do any trading, you first have to learn how to read Forex currency pairs. You may then learn all kinds of analysis and trading strategies, but only after you understand Forex quotes. And that’s why we’ve prepared this piece to show you everythi
March 31, 2021
Have you ever thought about trading forex, but you weren’t sure whether you should or not or whether forex trading is really worth it? You’re not alone and you are right to be cautious before pursuing forex trading – the majority of retail traders w
March 23, 2021
Ever thought about what is the highest currency in the world today? Most likely, you’re thinking now about British Pound, US Dollar, or Euro… Well, guess again. There are at least a few currencies with a higher value than these three. We’ve put together a
March 22, 2021
Have you ever wanted to see what other participants are doing in the market? Where are they buying? Where are they selling? This data can be incredibly powerful and whilst stock and cryptocurrency traders take this data for granted, due to the forex marke
March 22, 2021
One trading style that relies heavily on pivot points is the intraday or day trading. The reason behind this is that pivot point trading includes strategies that often allow intraday traders to get in and out of trades within a day. However, there are man
March 19, 2021
Currency futures and spot forex are both used to speculate and hedge risk on foreign exchange rates. So what is the difference between forex and futures? We’ll go over the key differences between the spot forex and futures markets, helping you make an edu
March 18, 2021
Sharp spikes in stock prices can make any trader uneasy, especially if they are a beginner. However, high volatility is not always a bad thing. But first things first. Let’s get the terminology out of the way. Simply put, volatility is price changeability