Lot Size in Forex Explained
A lot size refers to the number of currency units you intend to trade. This lot size directly affects the size of your profits, as well as your losses. Therefore,…
What You Need to Know About MyFxbook
Myfxbook is a platform that offers several trading services that are widely used throughout the world and trusted by many successful traders. Currently, it is used by around 100,000 traders…
How Do I Buy the Dip in Forex Majors?|Beginner’s Guide
Change is the only constant factor in the forex market. Prices and the underlying factors triggering fluctuations are constantly changing. For that reason, currency pairs don’t always trend in one…
Trading Psychology Checklist
Trading psychology is as vital a skill as performing technical and fundamental analysis to identify trading opportunities. This is because if you don’t have the mental strength to only make…
Forex Indicator Pairs That Best Compliment Each Other
In 2021, it is unfathomable to be a forex trader without the knowledge of indicators. Indicators allow traders to spot underlying trends by examining market data. However, sometimes indicators can…
Types of Inflation and Their Role in the Forex Market
Inflation is an increase in the price of goods and services in a country over time. Usually, it results in the devaluation of the said country’s currency. This is because…
Significance of Slippage in Algorithmic Forex Trading
Slippage has always been a big problem for anyone looking to profit from price fluctuations in the capital markets. Whether trading manually or using automated trading systems, executing orders at…
What Is Slippage in Forex Trading – The Guide
Exchange rates in the forex market fluctuate rapidly whenever the markets are opened. Amid the fluctuations, traders set prices at which they would like their orders to be filled. In…
Top 7 TradingView Forex Indicators
Indicators are at the heart of many kinds of technical analysis that takes place in the forex market. The trading tools allow traders to decide on trades to take, when…
MT4 vs. TradingView: What Is Forex Traders’ Best Choice?
TradingView and MT4 are two of the most popular charting platforms for anyone looking to access the financial markets and trade. While both offer almost the same tools, they are…
Forex Market Regulation: What It Means, How It Functions and More
The forex market is the largest and most liquid industry in the world. If it was allowed to operate freely, with no law to answer to, it’d be as chaotic…
Trading Forex With Multiple Timeframes: A Beginner’s Guide
Multiple timeframes analysis is a top-down approach, helping traders see the market’s overall trend and identify trading bias. This is done by analyzing the larger time frame. The trader can…