A dealing desk broker is a market maker. Market makers typically offer fixed spreads and may elect to quote above or below actaul market prices at any time. Market makers are always the counterparty of the trader, who does not trade directly with the...
The economic turmoil asociated with the virus sitution has had a severe and far reaching impact on financial markets, including markets for stocks, currencies and commodities. These are difinitely challenging times, we need to adapt, but still, being...
In the cryptocurrency space, a whitepaper is a document presented by a start-up with the intention of informing and encouraging investors to participate in the start-up's ICO.
Rollover and swap in forex confuse many new traders. Rollover is the process of moving open positions from one trading day to another.
Forex broker is an individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commision. It is also important to make sure that the trading platform does not crash or freeze often, especially during times of...
One of the important components of successful intraday trade is the speed factor: sometimes sudden changes of behavior of the market demand an immediate reaction from the trader. Especially sharp and active fluctuations of schedules and quotations...
Wolfe waves consist of several map waves that generate a very different series. Wolfe wave pattern is named Bill Wolfe, a trading guru. He found that if consumer behavior continues within a food supply chain and makes a false collapse on the fifth...
The term 'Pip' is commonly mentioned in forex trading and so it is important to be aware what it is. Pip is short for percentage in point, or price interest point. This refers to the smallest price move which an exchange rate can make, and you will...
It depends on the move at play and the timing of my entry. Sometimes I can target 20 pips a day, and sometimes 40 pips. I do not go for more than 40 pips in a day. If the entry does not look too good, I can even go for 10 pips and forgot about...
Distributed ledger are ledgers in which data is stored across a network of decentralized nodes. A distributed ledger does not have its own currency and may be permissioned and private.
Which chart is useful? 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 24 hours,1 week, or 1-month chart.
Understanding of basic world economic theory can help you in forex trading. The relative values of currencies around the world in relation to one another change because of a host of economic factors. Some of the factors include: