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...
Mindfulness techniques can significantly benefit traders by improving emotional regulation, focus, and decision-making. Trading often involves intense emotions like fear, greed, and anxiety, which can lead to impulsive decisions. Mindfulness helps...
How profitable you are with forex is entirely up to you! To make money through forex trading, you must first learn how to trade intelligently and then develop a trading strategy that works for you. Risk capital is money that you are willing to lose...
A margin call occurs when a trader's margin account falls below the required minimum level set by the broker or exchange. It is a risk management mechanism employed by financial institutions to protect themselves and their clients from excessive...
In forex trading, a buy order refers to a transaction where a trader purchases a currency pair with the expectation that its value will increase. When placing a buy order, the trader is essentially betting on the base currency's appreciation relative...
The "Met Hold" candlestick pattern, also known as the "Upside Tasuki Gap", is a bullish continuation pattern seen in technical analysis. It typically appears in an uptrend and signals the likelihood of the trend continuing upward.