BrodieMendis

Jun 21, 2024 12:29

What is euphoria in forex trading?

Euphoria, the queen of currency devils, is a monster who promises boundless money but delivers boundless pain and desolation. Euphoria makes a concerted effort to ensure that you perceive nothing but great chances for endless wealth wherever you...

Mikaelsen

Jun 21, 2024 12:18

What is gann theory?

William D. Gann developed the Gann theory in the 1900s. He was a successful trader who believed that stock prices fluctuated in an oblique manner. An asset can move in various directions. He noticed that price changes were related to natural...

Rhoden

Jun 21, 2024 04:31

What is a robot trading?

Robot trading, also known as algorithmic trading or automated trading, is a sophisticated method of executing financial transactions using computer programs or algorithms. These programs are designed to follow pre-defined rules and strategies to make...

Youb1983

Jun 21, 2024 02:06

What is the single line Aroon indicator?

The Single Line Aroon Indicator is a simplified version of the traditional Aroon indicator, designed to identify trends and the strength of those trends in the market. Developed by Tushar Chande in 1995, the traditional Aroon indicator consists of...

Rhoden

Jun 20, 2024 12:22

How does forex hedging works?

Hedging often involves opening a second position that is expected to have a negative correlation with the original holding, so that if the price of the original asset moves in the wrong direction, the second position will move in the opposite...

Elly2001

Jun 20, 2024 05:58

Advantages of candlestick charting

The following are the benefits of candlestick charting:

Ades

Jun 20, 2024 02:13

How to use forex indicators effectively?

Using forex indicators effectively requires a strategic approach that involves understanding the indicators, combining them wisely, and managing risks. Here’s a guide to help you maximize their potential:

Athim1972

Jun 19, 2024 12:24

What is fractional pip?

It refers to an additional decimal place in the exchange rate. In the case of non-JPY pairs, we have 1.23456 rather than 1.2345, while in JPY pairs, we have 123.456 rather than 123.45. The last decimal place in such pricing is referred to as a pip...

Frompal90

Jun 19, 2024 06:05

Importance of arbitrage in forex

Traders looking for quick profits can use arbitration to make quick profits, but there is a substantial risk of losing money with this method. As trading technology and high-frequency trading have evolved, true "risk-free" arbitrage opportunities...

Frompal90

Jun 19, 2024 06:01

What is the third market?

The third market is the OTC trading area, or in other words, the OTC market, where brokers, dealers, OTC members, and investors companies conduct their operations.