Forex Basics
July 2, 2020
A trading journal is one of the most important tools for every forex trader. It is a record that contains everything about your trades, from your trades entries and exits to the strategies you used. Your trading diary gives you a clear view of your perfor
July 1, 2020
Leverage allows a Forex trader to increase their position size beyond what they’d normally be able to trade, if they were using only their own account size.
Forex brokers offer leverage to their clients in the form of a margin trading accounts. This is wh
June 8, 2020
When developing a new day trading strategy, whether to use indicators will most likely be a question you'll find yourself asking.
When implemented alongside prudent risk management, finding the best indicators for day trading Forex can take your strategy
April 17, 2020
Have you ever experienced an unexpected Forex market spike that took out your stop loss?
Only for the market to immediately reverse back in the opposite direction?
It certainly feels like someone is stop hunting you.
While your stop losses are always bein
April 2, 2020
The three types of Forex analysis most commonly used by traders are:
Fundamental analysis,
Technical analysis,
Sentiment analysis.
While some Forex traders swear by one or another, the best among them are able to use a combination of these Forex analysi
March 29, 2020
Sentiment analysis in Forex evaluates whether traders are net short or net long within a particular Forex currency pair. It's a key tool that Forex traders can use to understand how participants in the market are positioned and therefore make decisions ba
March 22, 2020
As a trader, it’s imperative that you understand the difference between stop loss and stop limit orders.
Stop loss orders ensure your trade is executed at the current market price, meaning slippage may occur. Use stop loss orders if you want to ensure you
November 26, 2019
Trailing stop is a trading terminal feature that allows you to automatically drag Stop Loss order along with the price with a small lag (at a certain amount of points).
The need for this feature arose due to the trivial inability of traders to be always a
November 10, 2019
Fractals are indispensable assistants for Forex traders. For the first time, the concept of “fractal” was developed and introduced in trading by the guru of technical analysis – Bill Williams – in his book “Trading chaos” published in 1995. That was the f
October 23, 2019
Islamic account is a regular account for Forex trading, but without fees in the form of interests. Under Islamic laws, Muslims are prohibited from taking or giving interests from any kind of activity. It’s with this in mind that Islamic Forex accounts wer
