For many years, 1000pip Builder has been assisting traders, and their impressive long-term performance has particularly impressed us. Because they are a "pure" Forex signals provider, the main advantage of 1000pip Builder is that they only produce...
Record keeping is an essential practice for forex traders, offering a multitude of benefits that contribute to their success and informed decision-making. Firstly, meticulous record-keeping provides traders with a comprehensive overview of their...
Scalping is a short-term trading strategy that aims to profit from modest price movements on the forex market. Scalpers buy and sell foreign currency pairs in seconds or minutes, holding positions for just a few seconds or minutes. Then, they repeat...
There is no suitable analysis for the novice and another may not be suitable, but there are a number of technical analyses and economic or fundamental analyses. Anyone who wants to work in forex can look at this analysis and choose and prefer one or...
A Flag chart pattern in forex is a technical analysis tool that helps traders identify potential continuation trends in price movements. It is a visual representation of market behavior, characterized by a brief consolidation or correction phase...
A floating exchange rate, also known as a flexible exchange rate, refers to a currency exchange rate that is determined by the foreign exchange market forces of supply and demand. In a floating exchange rate system, the value of a currency is allowed...
The decrease of upfront fees is one of the most significant advantages of using a low spread forex broker. Cheaper spreads indicate lower trading expenses for you since the spread serves as a type of fee that forex brokers charge. Furthermore,...
Emotions are natural aspects of human behaviour and psychology. However, when it comes to Forex trading, these factors can have a significant impact on trading activity. Most traders' trading careers are ruined because they have no control over these...
A Piercing Pattern is a bullish reversal candlestick pattern that consists of two candles. The first candle is a long bearish candle, followed by a long bullish candle that closes above the midpoint of the first candle. The two candles together form...