We do not recommend depositing funds to Bybit. We have received reports from some users about delayed withdrawal processing, temporary account restrictions, and no response from customer support. While these experiences may not apply to every...

The euro is supported by the ECB’s decision to raise interest rates and revise its inflation forecasts higher. For EUR/USD, the key factor is not only the rate move itself, but also the signal that the central bank is ready to contain the...

Trading strategies are systematic plans and techniques employed by investors and traders to make informed decisions when buying and selling financial assets, such as stocks, bonds, commodities, currencies, and derivatives, in various financial...

Harmonic scanners are used to identify patterns in Forex that can be utilized to enter trades. There are three types of harmonic scanners in Forex: an online program, a web platform, and a desktop and mobile trading platform.

A standard trading account and a raw spread account are two popular account types offered by forex and CFD brokers, but they differ mainly in how trading costs are structured. Understanding these differences can help traders choose the account that...

A trade setup is a predefined set of conditions that a trader uses to identify potential buying or selling opportunities in the financial markets. Rather than entering trades based on emotions or guesses, a trade setup provides a structured plan...

In financial markets, the term "spread" refers to the difference between the buy and sell prices of a financial asset, such as a currency pair or stock. A low spread means that the difference between the buy and sell prices is relatively small, which...

Pip value is the monetary value of a one-pip movement in a currency pair for a specific trade size. In forex trading, a pip generally represents the smallest standard price movement of a currency pair, usually 0.0001 for most pairs. However, the...

Scalping is a fast-paced trading strategy that aims to generate small profits from frequent trades held for seconds or minutes. While it can be profitable in the right conditions, it also carries several significant risks. One of the biggest...

The Money Flow Index (MFI) is a momentum oscillator that incorporates both price and volume data, making it a powerful tool for traders. Here are some common strategies for trading with the MFI: