Your Trading Journey From a Beginner to a Professional
Trading is a profession just like any other sport or degree where you have to begin learning in steps. The common belief that you can succeed in trading is a…
What Are Currency Pairs and How Should You Trade Them?
Volatility and liquidity are the bread and butter of a trader. The former refers to the ups and downs in the instrument's price due to pressure buyers and sellers impose…
Forward Testing and Backtesting in Forex: A comparison
No matter how simple or complex a trading system, or strategy is, it must undergo different types of tests before you can launch it into the live market. Since the…
Rules For Using Robots In Forex Trading
Trading robots are becoming increasingly popular among many day traders who want to achieve substantial returns in the market. While some traders have become successful using bots, many of them…
Forex Robot Scams: What are the Signs?
Forex robots provide a lot of advantages for traders since they automate a large part of the process while eliminating the emotional decision-making that often leads to disastrous consequences. Using…
Managing Multiple Trading Accounts With Ease
The financial industry presents many ways for a trader to profit as they climb up the ranks of trading success. One such opportunity is available in the form of a…
Explanation to Using Measured Move Downs in Bearish Reversals
The measured move down (MMD) is a downward movement of price in a chart pattern that is followed by a retracement and then continues to slope downwards. It describes a…
Forex Currency Swap: How Does it Work?
In the Forex market, independent investors, financial bodies, and large corporations alike use currency swaps for managing currency in the short term. Although many traders prefer to use forward contracts…
Which Are the Most Popular and Mostly Traded Currencies?
Forex is home to several currencies that people look to profits from as prices fluctuate. While it is possible to place a trade on various pairs, some are much easier…
Variable Spreads or Fixed Spreads in Forex – Which Is Better?
Did you know that spreads are not equal in forex? As traders, brokers offer either variable or fixed spreads. While both are fairly reasonable, each can impact traders differently based…
Law of Large Numbers in Forex: The Unspoken Truth
The one truth about forex or any other financial market is there are no guarantees, only probabilities. Dealing with the uncertainty of random outcomes is only possible when we thoroughly…
How Trade Trending and Range-Bound Currency Pairs
Currency markets are not always trending. Currency pairs are most of the time in consolidation mode or range-bound. While the focus is always on emerging trends, mastering how to trade…