Emotions are natural aspects of human behaviour and psychology. However, when it comes to Forex trading, these factors can have a significant impact on trading activity. Most traders' trading careers are ruined because they have no control over these...

A Piercing Pattern is a bullish reversal candlestick pattern that consists of two candles. The first candle is a long bearish candle, followed by a long bullish candle that closes above the midpoint of the first candle. The two candles together form...

News impact in forex refers to the significant influence that economic and geopolitical events can have on currency prices in the foreign exchange market. Traders closely monitor news releases, economic indicators, and global events as they can...

It is important to use an ECN (Electronic Communication Network) broker when trading forex because it offers several key advantages over traditional brokers. First and foremost, ECN brokers provide a level of transparency that is crucial for...

Due to its low account requirements, the ability for trades to be conducted around the clock, and the possibility of accessing enormous amounts of leverage, the foreign exchange market appeals to a large number of traders. Forex trading, when seen...

Trading signals are key indicators or prompts derived from thorough market analysis that guide traders in making informed decisions about buying or selling financial assets. These signals are generated through technical and fundamental analysis,...

The fixed excahnge rate system refers to a scheme in which the exchange rate for currency is determined by the government. The basic aim of assuming this scheme is to assure stability in foreign trade and capital move.

A barrier option is a type of financial derivative that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price, known as the strike price. However, unlike traditional options, barrier options...

The Price-to-Earnings Ratio (P/E ratio) is a financial metric used to evaluate the relative value of a company's stock by comparing its current market price per share to its earnings per share (EPS). It serves as an essential tool for investors...

The dark cloud cover pattern is a bearish reversal pattern commonly observed on price charts, signaling a potential shift in market sentiment. It is identified by two consecutive candlesticks, typically found in an uptrend. The first candlestick is a...