Forex trading is a business that demands patience and a disciplined approach. It is not a get-rich-quick scheme but rather a long-term endeavor that requires careful analysis, strategy, and emotional control. The foreign exchange market is highly...

The envelope indicator, often used in technical analysis, consists of two lines plotted above and below a security's price chart. These lines, derived from a moving average, create a channel that encompasses the price movement. Typically, the upper...

When it comes to comparing Forex and binary options, it's important to understand that both are speculative investment instruments with their own unique characteristics. Forex, or foreign exchange trading, involves buying and selling currencies on...

Your decision about whether to trade forex or stocks on leverage should be based on which asset you are interested in trading - currencies or shares. However, there are a few reasons why some traders prefer to trade forex than stocks:

Economic indicators play a crucial role in assessing the health and direction of an economy. Leading indicators, coincident indicators, and lagging indicators are three categories used to gauge different aspects of economic activity, each serving a...

Intuition is the ability to find solutions to problems without using a long chain of logical reasoning based on many factors. Someone makes almost instantly intuitive decisions.

Trailing stop is very useful tool and it helps us to keep our profit but I think many of traders do not give importance to this too. So what about you do you use this tool?

A currency exchange rate is the price at which one currency can be exchanged for another. It is determined by the supply and demand of each currency in the foreign exchange market. When the demand for a currency increases, its exchange rate...

While the classic Cup and Handle pattern is a powerful tool in technical analysis, traders should be aware of several variations and deviations that can occur, potentially altering its reliability or signaling different market dynamics. One common...

1. Finding the right trading style: If you are day trading but your journal clearly shows that you are frequently stressed out and fail to manage risk correctly, you may be a swing trader. Trading medium/long-term is not any easier than trading...