Treir1975

Feb 27, 2024 08:35

When is the best time to scalping?

Scalping is high-speed trading, which requires a lot of liquidity in order to execute trades quickly. Trade major currencies only when liquidity is strong and volume is high, including when London and New York are fully operational. When trading...

Treir1975

Feb 27, 2024 08:31

What are the advantages of trading with a non-dealing desk (NDD) broker?

Trading with a non-dealing desk (NDD) broker offers several advantages over dealing desk brokers. One of the main benefits is that NDD brokers offer a more direct and transparent trading environment, as they do not take the other side of their...

Ornellas

Feb 27, 2024 03:00

What are the different variations of Doji candlesticks?

Doji candlesticks exhibit various formations, each conveying distinct market sentiments and potential implications for traders. Understanding the different variations is crucial for accurate technical analysis. Here are some notable variations:

Nough1971

Feb 26, 2024 12:59

What are the risks of using algorithmic trading in forex?

While algorithmic trading has many advantages, it also has some drawbacks. Algos operate at high speeds, which means that a bug could result in significant trading losses in a short period of time.

TobyMackie

Feb 26, 2024 08:41

What are the prop firms in forex?

Prop firms have become very popular among traders in recent years. Funding packages are offered by these firms for those who don't have a great deal of money to invest in forex. However, most forex traders dream of becoming rich overnight. Small fund...

Gatem1971

Feb 26, 2024 06:32

The role of price action trading in forex strategies

The extent to which fundamentals are considered varies from trader to trader. Similarly, price action is an essential component of any successful Forex trading strategy. This practise is frequently referred to as "technical analysis." Trend following...

Shiver

Feb 26, 2024 02:43

What is the fundamental difference between a bullish and bearish strategy in forex?

In the realm of forex trading, the fundamental difference between a bullish and bearish strategy lies in the anticipated direction of currency value movements. A bullish strategy, commonly associated with optimism and confidence in market conditions,...

Bulter

Feb 23, 2024 12:43

How do you trade spreads?

Traders who engage in spread trades buy one security and sell another with identical features as a unit at the same time. Relative value trading is more common in options, futures contracts, and currencies, with each transaction referred to as a leg....

Evely1954

Feb 23, 2024 06:09

How select best pairs for trading

To choose a pair, first of all, you need to get a basic idea about all the major, cross, minor pairs. So, how many pips each pair moves on average, how many pips per pair spread, whether the pair's movement is conventional or spike, and how it moves...

Nough1971

Feb 23, 2024 04:25

The purpose of capital management

To be financially effective, working capital management requires clear guidelines and objectives. Increasing profitability and ensuring adequate liquidity are the two main goals of working capital management. It is only advisable to invest in current...