Forex Basics

What are Candlestick Charts and How to Read Them?

Imagine being able to "read" the market, understanding its mood, and anticipating its next move—sounds like a superpower, right? That’s precisely what candlestick charts can offer you.

Candlestick charts are one of the most widel}

How to Trade EUR/USD Currency Pair?

The EUR/USD is one of the most actively traded currency pairs in the forex market. It reflects the exchange rate between the Euro, the official currency of the Eurozone, and the U.S. Dollar, the official currency of the United States. This pair is}

What is Stop Loss in Trading and How to Use it?

In the highly volatile and unpredictable world of forex trading, stop-loss orders are one of the most critical tools for risk management. As a trader, you cannot con}

How to Trade GBP/USD Currency Pair?

The GBP/USD currency pair, known as Cable in trading circles, is one of the most traded currency pairs in the forex market. It represents the exchange r}

What is Algorithmic Trading? A Guide for Beginners

Algorithmic trading, often referred to as algo-trading, is the use of computer programs to execute trading orders based on a predefined set of rules and algorithms. These algorithms are designed to analyse vast amounts of market data in real-time }

USD/JPY Trading Guide – Key Tips for Traders

In the forex market where currencies are traded in pairs, the second most traded major currency pair , i.e., USD/JPY holds a major role in glo}

Best Trading Indicators in Forex Trading

Trading indicators are essential tools that provide insights into market behaviour, helping traders make informed decisions. By analysing price movements, volume, and momentum, these indicators can offer traders an additional perspective on potent}

Common Forex Chart Patterns Every Trader Should Know

When trading in financial markets, whether forex, stocks or commodities, understanding price movements and anticipating future market directions is crucial. One }

What is Base and Quote Currency in Forex?

Foreign exchange (forex) market is the largest and most fluid financial market globally. It operates 24 hours a day, five days a week, and is the cornerstone of international trade and investment. This market facilitates currency ex}

Forex Charts: Know the Types and How to Read Them

The first step towards trading is learning and understanding how to read Forex Charts. These charts are essential for traders at all levels. The forex charts' patterns present valuable market insights, providing information about price movements. }

What is Leverage and Margin in Forex?

In the dynamic world of forex trading, two terms that frequently surface in discussions are leverage and margin. These concepts play a pivotal role in shaping a trader’s strategies and can significantly impact the outcome of their trades. }

What is Bid and Ask Price in Forex?

Foreign exchange trading is often complicated and intimidating for those new to the marketplace. In the middle of all those charts, graphs, and financial terms, one of the most fundamental concepts for every trader is to know about the bid and ask}

What is Spread in Forex Trading & How it is Calculated?

It is important for traders to fully understand what is spread in forex trading. To maximize the trading success, further explored are concepts like how forex spreads operate as well as how to calculate costs and monitor fluctuations in }

Most Traded Currency Pairs in Forex: List of Best Currency Pairs

Even though there are several official currencies in circulation around the globe, there are couple of most traded currency pairs that are frequently traded on the forex market. Only the currencies with the highest levels of economic/political sta}

Forex Trading Terminologies: Understand Basic Terms of Forex

It is a necessity to understand the intricate web of terminology when it comes to Forex trading. As dynamic and exciting as the world of Forex is, but it can also be overwhel}

What is Forex? A Comprehensive Guide for Beginners

The investment world has numerous opportunities to trade in various markets but one of the most popular markets among many others is the Foreign Exchange Market or Forex market. It is the world’s most traded financial market as it comprise}