Forex market depth refers to the level of liquidity and the volume of buy and sell orders at different price levels in the currency market. It provides traders with insight into the supply and demand dynamics, showing how many orders are placed above...
A trading journal is one of the most powerful tools for building long-term success in the markets because it helps traders turn experience into structured learning. By recording every trade with details such as entry, exit, position size, strategy...
Forex analysis falls into three main categories. Each one looks at the market from a different angle, and most traders use a mix of all three to build a clearer view of price direction.
Technology plays a central role in modern forex trading, shaping how traders access markets, analyse data, and execute strategies. In the past, forex trading was limited to banks, institutions, and large investors, but technology has opened the...
For a new forex trader, finding the best currency pair to trade can feel overwhelming. With dozens of options available, it is important to start simple and build gradually. The first step is to focus on major pairs such as EUR/USD, GBP/USD, or...
A trailing stop loss is a dynamic risk management tool that helps traders lock in profits while protecting against losses as the market moves. Unlike a fixed stop loss, which stays at one price level, a trailing stop adjusts automatically when the...
A crawling peg exchange rate system is a hybrid approach that blends elements of fixed and flexible exchange rate regimes. In this system, a country’s currency is pegged to another major currency, such as the U.S. dollar, but the pegged rate is...
Understanding the reasons behind trading losses is one of the most valuable lessons a forex trader can learn. Every loss tells a story about timing, strategy, emotions, or discipline. By studying each losing trade, traders can uncover patterns in...
High market volatility often signals strong emotions driving investor behaviour, typically reflecting uncertainty, fear, or excessive optimism. When prices fluctuate sharply within short periods, it means traders are reacting quickly to new...
In currency trading, a fractional pip holds significant importance as it enhances the precision of price movements, allowing traders to execute trades with greater accuracy and efficiency. A pip, short for "percentage in point," is traditionally the...