Understanding Non-Deliverable Forwards – A Key FX Contract
Apart from the spot and futures trading that most FX traders participate in, there are a number of other derivative instruments that use FX pairs as the underlying. Many of…
Guide to Trading USD/JPY
Based on your trading method and preferences, you will need to choose the best currency pairs to trade. With that being said, specific Forex pairs are ideal from the perspective…
All About Trading Exotics In Forex
According to the United Nations, there are at least 154 recognized currencies from 221 nations. Mathematically speaking, we could derive 11781 pairs from this range alone, but of course, the…
Mobile Forex Trading, Good Or Bad?
In just about every industry, mobility is one of the key selling factors. Way before the days of e-hailing services like Uber, one may have had to sift through a…
The 5 Phases Of A Trade In Forex
Countless traders place tremendous significance on perfecting their entries. Indeed, entering the market at the most optimal time makes a massive difference in the outcome of every position taken. However,…
Why A Holy Grail Doesn’t Exist In Forex (And What Traders Should Do Instead)
Anyone vaguely familiar with medieval legend will have heard of the holy grail as the cup used in the Last Supper, which became highly sought-after by knights in the 13th…
Currency Futures or Spot Currency Market?
How the two markets operate Currency futures are not functionally different from other futures. Like in any other futures contract, currency futures entitle forex buyers and sellers to trade specified…
Forex Charts: Interpreting Partial Declines
A partial rise in forex is an increase in the trading pair’s price that does not touch the top or uppermost trendline. It is not high enough and soon collapses…
The 3 Most Impactful AUD Economic Indicators for Forex Fundamental Analysis
What are the three most impactful economic indicators for the Australian dollar? This article will detail each of these, which will be beneficial for any fundamental analyst studying this currency.…
The Charts Overview: Japanese Candles, Heikin Ashi, Renko and Line
You have probably seen that most traders use Japanese candlesticks for their analysis because it is the most common representation of price. But, did you know there are other ways…
Understanding the Dynamics of Cable (GBPUSD)
GBPUSD perhaps is the only currency that has its own specific name – Cable. The name originated from the mid-19th century when a significant amount of communications used to happen…
Taking Advantage of the Williams VIX Fix Indicator on TradingView for Forex
TradingView is probably one of the best charting platforms for a myriad of instruments, including forex. Aside from its highly aesthetic charts and smooth user interface, TradingView also comes with…