Leverage is one way to go about trading, and it is generally quite enticing as you can get more returns since it is multiplied despite your invested capital being small. However you will need to consider the risk involved, and hence it is more...
Technical analysis is based on several key principles and assumptions that guide its methodology.
A daily candle in forex is a type of price chart representing a currency pair's trading activity over 24 hours. Each candle provides four key pieces of information: the opening price, closing price, highest price (wick or shadow), and lowest price...
Recovering maximum losses in forex trading requires a disciplined approach, risk management, and strategic planning. First, traders must analyse their losing trades to identify mistakes, such as overtrading, poor risk-reward ratios, or emotional...
The liquidity of a market has a profound impact on the spread of a currency pair. In the world of forex trading, the spread refers to the difference between the bid (the price at which you can sell a currency) and the ask (the price at which you can...
Dealing with stress and setbacks in trading is essential for maintaining a successful and sustainable trading career. When faced with the inevitable challenges and setbacks that come with the territory, I will employ a multi-faceted approach to cope...
Many people are looking for information on how Forex traders pay their taxes. It is vital to note that taxation is one of the most crucial factors to take into account when it comes to Forex trading, just like it is with any other form of business or...
A floating exchange rate, also known as a flexible exchange rate, is determined by the foreign exchange market's supply and demand dynamics, and it is not pegged to a fixed value or controlled by government intervention. Several factors influence the...
The Symmetrical Triangle (also known as the Symmetrical Wedge) is a volatility contraction pattern.
Japanese candles, also known as candlestick charts, are a popular charting tool used in the technical analysis of financial markets. While they are widely used and have their advantages, it is not accurate to say they are the most reliable and...