Writing a trading plan in forex is essential for maintaining discipline, managing risk, and achieving consistent results. Here’s a step-by-step guide:
Deflation is an economic phenomenon characterized by a sustained and widespread decrease in the general price level of goods and services within an economy. In a deflationary environment, the purchasing power of money increases over time, meaning...
The carry trade strategy differs significantly from other forex trading approaches, such as scalping, day trading, or trend following, focusing on interest rate differentials rather than short-term price movements. In a carry trade, investors borrow...
Forex trading is the buying and selling of currencies on the foreign exchange market. It is the largest and most liquid financial market in the world, with an average daily trading volume of over $5 trillion. Forex trading can be a profitable way to...
Swing trading in forex is a type of rapid trading in which investors try to maximise earnings while minimising risks by executing planned deals that last between 3 and 30 days. This is a very popular trading method among investors and day traders all...
A no-load fund is a mutual fund whose shares are sold without the payment of a commission or "load." It differs from a load fund in that sales charges are incurred on the date of purchase or sale of the fund.
The forex market, or foreign exchange market, is a global marketplace for trading currencies. Within the forex market, there are several distinct segments, each with its unique characteristics. Two prominent segments, aside from the spot market, are...
Candlestick charts contain more data than line, OHLC, or area charts. As a result, candlestick patterns are an excellent tool for forecasting price moves across all time frames. While there are several candlestick patterns, one, in particular, is...
The Pipe Top candlestick pattern is a bearish reversal pattern used in technical analysis to identify potential trend reversals at the peak of an uptrend. It consists of two consecutive candlesticks with similar highs, forming a "pipe-like" shape at...
Real money refers to currency that is physically tangible and widely accepted as a means of payment for goods and services. Real money can take the form of paper currency, coins, and other forms of physical currency that are recognized as legal...