Hassinger

Nov 28, 2023 02:39

How to read the psychological state of the market?

Traders feel the sharp sting of their losses when the volume is too high because they lose money as they go. In order to ease the pain, traders quickly close their positions when they lose. A trend based on high volume will likely remain low as...

Tyson

Nov 27, 2023 05:45

What is derivative in forex?

A financial instrument whose value is derived from the value of another asset, such as a currency. For this reason, forex derivatives are widely used because they allow traders to combine the values of two or more currencies and trade stocks based on...

Irvin

Nov 24, 2023 11:04

Dealing desk or no dealing desk Forex broker?

Choosing a forex broker is an important part of your trading decisions. The broker will have a considerable impact on various aspects of your trading. You will need to understand the trade structure that will be utililsed. For instance a dealing desk...

Mikaelsen

Nov 24, 2023 02:52

What are exotic pairs?

Exotic pairs are pair that consist of major currency (USD, JPY, EUR) with other smaller currency like NOK, SGD, SEK, MXN etc. There are not highly liquid and spreads are high. If your are new in forex I suggest you must not trade with exotic pair.

Matchett

Nov 24, 2023 02:23

What is a spread?

In trading, a spread is a difference between the buy (offer) and sell (bid) prices quoted for an item. Spreads play an important role in CFD trading because both derivatives are priced using them.

Spring

Nov 23, 2023 11:11

Disadvantages RSI

The RSI isn't a particularly useful tool for confirming or completing trades. For forex traders, the RSI is useful as an initial signal that highlights trade possibilities and encourages further investigation and examination. It's because, while RSI...

Moten

Nov 23, 2023 08:40

Do you prefer to use a smartphone or a computer when trading?

With increased convenience and being able to trade on the go and wherever you are thanks to smartphones, many traders make the most of it. However, it tends to be a bit limited due to the smaller screen, especially to carry out proper analysis and to...

BrodieMendis

Nov 23, 2023 02:54

What is Bullish in Forex trading?

Forex trading allows traders to speculate in both bullish and bearish markets. Because forex trading is usually done in currency pairs, when one currency falls, the other rises, allowing traders to profit from both rising and falling...

Fromork1964

Nov 23, 2023 02:31

What is economic inequality?

Inequality in economics is the financial stratification of a population, that is, the coefficient of well-being between populations or states.

Vernon

Nov 22, 2023 10:37

How are exotic currency pairs different from major and minor currency pairs?

Exotic currency pairs in the forex market differ from major and minor currency pairs in several ways. Major currency pairs consist of currencies from economically stable countries with high trading volumes, such as the US dollar (USD), Euro (EUR),...