A pivot point is a significant price level in technical analysis of a financial market that traders utilise as a predicted signal of market movement. A pivot point is determined as the average of important prices (high, low, close) from the previous...

A forex broker is a corporation that offers traders a platform to buy and sell foreign currencies. Forex is the abbreviation for foreign exchange. Forex transactions are almost always made between two different currencies. The term forex broker is...

Automated trading systems offer several key advantages for traders and investors. Firstly, they provide the ability to execute trades with high speed and precision. By eliminating human emotions and manual errors, automated systems can swiftly enter...

As a beginner trader, here are the general steps to follow to start currency trading:

Forex analysis is the technique of predicting which currency in a pair will be stronger over a particular time period. Forex traders may then use this knowledge to buy currencies that they feel will rise in value and sell currencies that they believe...

Pending orders are orders placed by traders in the financial markets that are waiting to be executed once certain predetermined conditions are met. These orders can be placed for a variety of financial instruments, including stocks, bonds,...

A volume indicator is a crucial tool in the realm of financial analysis and trading. It is used to depict the amount of a particular asset, such as stocks, commodities, or currencies, that has been bought or sold during a specified period....

Writing a trading plan in forex is essential for maintaining discipline, managing risk, and achieving consistent results. Here’s a step-by-step guide:

Deflation is an economic phenomenon characterized by a sustained and widespread decrease in the general price level of goods and services within an economy. In a deflationary environment, the purchasing power of money increases over time, meaning...

The carry trade strategy differs significantly from other forex trading approaches, such as scalping, day trading, or trend following, focusing on interest rate differentials rather than short-term price movements. In a carry trade, investors borrow...