Tom-next is an abbreviation for 'tomorrow-next day,' which is a short-term forex transaction that allows traders to buy and sell a currency on two separate business days: tomorrow and the next.
Forex trading needs lots of important measures before joining the market
A shooting star candlestick pattern is a bearish reversal pattern commonly used in technical analysis. It appears at the end of an uptrend and signals a potential trend reversal. The pattern is characterized by a small real body at the lower end of...
The best way to calculate the aggregate risk from a single client is to examine all of the individual agreements made between the two parties and calculate them separately. In such a case, the concept of diminishing returns must be considered,...
A Bear Flag pattern is a technical analysis pattern that signals a continuation of a downtrend. It typically forms after a sharp decline in price, which creates the "flagpole." Following this drop, the price action consolidates in a relatively narrow...
A real trading account and a demo account serve different purposes in forex and stock trading. A demo account is designed for practice. It allows traders to use virtual funds provided by the broker to test strategies, learn how platforms work, and...
Artificial intelligence (AI) in forex refers to the use of advanced algorithms and machine learning models to analyse, predict, and execute trades in the foreign exchange market. Unlike traditional trading methods that rely mainly on manual analysis,...
The rounding top candlestick pattern is a technical analysis formation commonly observed in financial markets, particularly in stock trading. It is identified by a series of candlesticks that form a distinct shape resembling an arch or a dome,...
Central bank interest rate decisions are one of the most influential factors in the forex market. When a central bank raises interest rates, it generally makes that country’s currency more attractive to investors. Higher rates increase returns on...