Trading Tips

There are many moving parts to each nation's monetary policy, but these are the biggest two: monetary and fiscal policies. A currency value is greatly influenced by both policies. Other…

A price action trader believes that the price and its movement are the most reliable source of information. When a currency starts to rise, it indicates that the investors are…

After English brokers established the CFD, it enabled many people to trade any commodity as long as they had an account that is created with any of the brokers. CFDs…

Forex options are derivative contracts that allow the bearer the right, but not the commitment, to buy or sell an asset by the close date for the strike price The…

Footprint charts show price, including trade volume and order flow. Its multi-pronged nature provides investors with more data for study other than currency price.  The data encompasses volume, bid-ask spreads,…

Every forex broker charges a fee on each trade, which is how they stay in business. Most traders only take into account the most common fees, which are spreads. However,…

According to a famous study by UC Berkeley’s Terry Odean, amateur investors are 3.2% worse at picking assets to trade than a chimpanzee is at throwing darts. Given such a…

The Forex heat map is a visual representation of the forex market in real-time. It is employed to spot volatility in individual currencies and their strengths and weaknesses. The platform…

Opening range breakout is a trading technique that makes use of breakouts, in which traders gain confidence in the direction of a market once the market's initial price range has…

Fundamental analysis looks at important economic and financial statistics to see whether to buy or sell a financial asset. Nonfarm payrolls, interest rate decision adjustments, manufacturing and services PMIs, and…