An economic calendar is a tool that provides information about upcoming economic events and indicators, and is widely used by traders, investors, and analysts to stay informed about market-moving events. The key indicators commonly included in an...
A flag chart pattern in technical analysis is a continuation pattern that occurs when the price of a security moves sharply (the flagpole) and then consolidates within a small, parallel range (the flag) before continuing in the direction of the...
A simple moving average (SMA) and an exponential moving average (EMA) are both commonly used techniques in data analysis, but they differ in terms of their calculation methods and the weightage assigned to data points.
Leverage can have a significant impact on the profitability of forex trades. When used effectively, leverage can amplify profits and allow traders to achieve higher returns on their investments. However, if used improperly, leverage can also increase...
In the world of trading, two strong emotions that often drive decision-making are fear and greed. While both can potentially lead to profits, they can also result in significant losses. Therefore, it's crucial for traders to understand which emotion...
In currency pairs, the quote currency is represented as the second currency listed. It serves as a benchmark to determine the exchange rate with the base currency. The quote currency's value is expressed in relation to the base currency. For...
The first step to embark on a journey into the world of forex trading is to build a solid foundation of knowledge and understanding. Forex, short for foreign exchange, involves the trading of currencies on the global market, and it can be highly...
Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. There are several different types of technical analysis that traders use to make predictions about future...
Quarterly CFDs (Contracts for Difference) are a type of derivative instrument that allows traders to speculate on the price movements of underlying assets over a specific quarterly period. CFDs are popular financial products that enable investors to...
The majority of individuals fail as retail traders due to a combination of factors. Firstly, many people enter the retail trading world with unrealistic expectations. They are lured by the promise of quick and easy profits, disregarding the complex...