Without a forex broker, retail trading would be challenging, if not unfeasible. Brokers play a crucial role in facilitating the convenience of trading currencies at a large scale in milliseconds.…
Price level analysis is an integral part of the daily technical analysis job, especially when you’re trading forex. It gives you an idea about the key market levels based on…
A gap in the chart is a break in price. It’s a situation where there is a difference between the closing price of the previous bar and the opening of…
A few decades ago, smart people sitting with a lot of money used to know where they wanted to invest the money. Their problem was being able to invest the…
Gone are the days when people had to spend hours glued to the screen analyzing the markets, searching for trading opportunities. Technology advancement means less time spent exploring, let alone…
A forex robot is software that is programmed to analyze markets using pre-defined trading strategies with little or no human interventions. The principle behind the functionality of forex robots is…
Market sentiment refers to the general feel of the financial market. For example, when investors are buying stocks or other assets at any price can be said to be a…
Forex robots are automated tools that help professional traders make decisions. A robot can automatically open and close trades or send signals when certain market conditions are met. In this…
The Bloomberg Terminal is a popular platform used by investors, government officials, policymakers, and traders in the financial market. The platform provides hundreds of features and tools to help make…
Forex and cryptocurrency trading are popular part-time activities among many people. Indeed, the daily volume of forex traded over $5 trillion, while cryptos worth more than $100 billion are traded…
In forex, one of the beautiful advantages is how traders analyze pairs rather than standalone markets. So, for instance, if we are trading cable, there are two entities to observe…
In forex, all we’re doing really is ‘swapping’ one currency for another through the use of margin. Technically, leverage involves some form of borrowing, to which brokers apply a swap…