Technical analysis in forex trading is a method in which we understand and predict market price movements based on past data. The main objective of this method is to predict future price direction by analysing price charts. In this blog, we will learn: What is technical analysis? đź“Š Types of Price Charts There are 2 … Read more
The most important thing when trading forex is order placement – that is, what and how you are instructing the broker. Often new traders get confused when they see the following order types on broker platforms (such as MetaTrader 5): Market order, Limit order, Stop order In this blog, we will explain all these order … Read more
If you are thinking of starting Forex trading or are a beginner, you may be confused by terms like “spread”, “swap” and “slippage”. All three of these terms are related to hidden fees and trade execution, which directly affect your profit/loss. In this blog, explain step by step: Explanation with real examples 1. What is … Read more
Do you know who the biggest players in the forex market are? In today’s blog, we will learn what role central banks play in the forex market, how they affect currency rates, and why this information is important for traders. What is a Central Bank? A central bank is a national institution that controls the … Read more
If you are new to forex trading, terms like “pips”, “lots” and “leverage” may be confusing to you. But it is very important to understand these basic concepts, as they are the foundation of your trading journey. If you understand these three terms well, you will be able to accurately calculate trade size, risk and … Read more
Forex trading is the world’s largest financial market, with trillions of dollars exchanged every day. But if you’re a beginner, the first thing you need to understand is what currency pairs are and which category of them – Major, Minor or Exotic – is best for you. In this blog, we’ll take a closer look: … Read more
The Forex market is the largest market in the world. More than six trillion dollars are traded here every day. Due to this, there is a lot of liquidity in this market. So what is the Forex market? How can we trade in it and let us understand it in our own simple language. Let … Read more
You might have noticed an increase in traders trading the XAUUSD (Gold) in the Forex market and it has become very popular at the moment. So here is a detailed blog for you in very simple language about what is XAUUSD, how to trade in XAUUSD (Gold), … etc. 🔸What is XAUUSD? XAU means Gold, … Read more