Retracement is a common phenomenon in the forex market, where the price of a currency pair temporarily moves against the overall trend. For example, if the trend is bullish (meaning the price is generally increasing), a retracement could occur where...

Sticking to a trading plan is crucial for success in the financial markets. A trading plan outlines a trader's goals, risk management strategies, and specific rules for making buy and sell decisions. By following a well-defined trading plan, traders...

Overexposure in trading refers to the situation where a trader has taken on too much risk in their portfolio. This can happen for a variety of reasons. One common reason is a lack of diversification, where a trader has invested too heavily in a...

Trading forex can seem intimidating at first, but with a little guidance and practice, it can be a straightforward process. Here are seven steps to help you get started in trading forex:

The Elliott Waves are a form of technical analysis that was developed by Ralph Nelson Elliott in the 1930s. The theory is based on the idea that financial markets move in predictable patterns, which can be identified and analyzed using a specific set...

Crude oil, also known as Black Gold, is regarded as the mother of the financial market due to its numerous applications ranging from fuel to petrochemicals to cosmetics. Crude oil is used to power automobiles, trucks, planes, boats, and railways. It...

There are numerous harmful trading habits that all traders should avoid if they want to succeed in the forex market. Among these destructive habits is the trader's or trader's reliance on others during trading rather than trusting himself and relying...

Is a type of foreign exchange trading that allows access to the interbank market. A broker using a no-dealing desk system, as opposed to a market maker, automatically offsets positions with interbank. To obtain the most competitive bid and ask...

Trading is important, and I recommend that everyone use a large screen when trading so that we can read the market accurately and follow the analysis chart. Traffic exchange via mobile phone.

The most important advantage of technical analysis is that it can be applied to almost any trading instrument and time frame. Technical analysis can be used to examine stocks, commodities, interest rates, and forex. Technical analysis can also be...