The relationship between Fibonacci Retracement and market structure lies in how prices move, pause, and continue within trends. Market structure refers to the sequence of higher highs and higher lows in an uptrend, or lower highs and lower lows in a...
The phrase “trend is your friend” is considered a golden trading rule because it captures one of the most reliable principles in financial markets: prices tend to move in sustained directions rather than randomly. In forex trading, trends form...
Swaps, also known as rollover fees, are the interest charges or credits applied to a forex trading position that is held open overnight. In foreign exchange trading, currencies are traded in pairs, meaning one currency is bought while another is...
When traders ignore market sessions, they often trade at the wrong time, which quietly stacks the odds against them. The forex market runs 24 hours, but not all hours behave the same. Each session has its own liquidity, volatility, and personality....
Market news and data releases are critical for scalping decisions in forex trading. Scalping is a strategy focused on making quick trades to capture small price movements, often within minutes or even seconds. Because of its short-term nature, any...
A moving average crossover strategy is a popular technical trading method used to identify potential buy and sell signals by analyzing the relationship between two or more moving averages. A moving average smooths price data over a specific period,...
The Adaptive Price Zone (APZ) is a technical indicator used to identify potential overbought and oversold conditions in the market. It was developed by Lee Leibfarth to adapt to changing market volatility, making it more responsive in dynamic trading...
Mastering fundamental analysis is essential for serious forex traders because it provides a deep understanding of the economic forces that drive currency movements. Unlike short-term price fluctuations, exchange rates are ultimately influenced by...
Hard work is more important than luck in forex because trading success is built on skill, discipline, and consistency rather than chance. While luck may occasionally produce short-term gains, it cannot sustain profitability in a market as volatile...
In Forex trading, the terms overbought and oversold refer to market conditions that indicate potential reversal points based on the analysis of price movements and trading volume.