StevenCarroll

May 17, 2023 15:38

What is the purpose of LIBOR in financial markets?

The purpose of LIBOR (London Interbank Offered Rate) in financial markets is to serve as a widely accepted benchmark interest rate that reflects the average borrowing costs among major banks in London. It plays a crucial role in pricing various...

Speed

May 15, 2023 23:24

Utilizing RSI in day trading

Utilizing the Relative Strength Index (RSI) in day trading can provide valuable insights for traders. RSI is a popular technical indicator used to measure the momentum and strength of a stock's price movement. It oscillates between 0 and 100,...

Wilburn

May 12, 2023 14:55

What factors influence currency prices?

Multiple variables influence the price, including economic and geopolitical issues. The FX market is heavily influenced by central banks, politics, natural catastrophes, wars, and other news events.

Wilburn

May 12, 2023 14:24

How do you define leverage?

You can trade with a far larger amount of money than is actually held in your trading account when you use leverage. You may see a rapid increase in the balance of your account as a result of this, but many beginners make the mistake of misusing...

Wilburn

May 12, 2023 08:47

What is a PIP?

PIP significant ‘percentage in points’. The term means the minor incremental move that an exchange rate can bring. If the exchange rate had been 1.3510 and increased by 1 pip, the exchange rate would be 1.3511.

Wilburn

May 12, 2023 04:01

When is the Forex Market Open for Trading?

Forex market is a market that works 24 hours and begins in Sydney every day. It then moves across the globe as the day begins in each financial centre. It allows the investors to respond to currency fluctuations caused by social, economic or...

Ront1961

May 09, 2023 02:19

What are indicators in forex ?

Indicators are an essential part of forex trading and are used by traders to identify potential trends and predict future price movements in the market. Indicators are mathematical calculations based on price and/or volume data and are designed to...

Howton

May 08, 2023 20:24

How to set stop loss order?

A stop loss order is a risk management tool used by traders and investors to limit potential losses on a trade. It is an instruction to a broker or trading platform to automatically sell or buy a security at a predetermined price level, called the...

Batten

May 08, 2023 06:51

What is medley global advisors(MGA) report?

The Medley Global Advisors (MGA) report, also known as the Medley report, is a subscription-based service that provides analysis and insights into economic and financial market developments. The report is produced by a team of experts and is widely...

Walker

May 08, 2023 04:58

What is the difference between short-term and long-term capital management?

Capital management refers to the strategic management of a company's financial resources to optimize the balance between risk and return. Short-term capital management involves the management of a company's short-term financial obligations, typically...