Money management and risk management are critical for Forex trading. They can basically make or break your success story. The money you will be using should be handled with care as you do not want to suffer losses. Money management requires careful...

In order to find out what the mood of the Forex market participants is, this type of indicator is used. It is their mood that determines whether the price will go up or down. We would like to emphasize that psychological indicators would not always...

Traders feel the sharp sting of their losses when the volume is too high because they lose money as they go. In order to ease the pain, traders quickly close their positions when they lose. A trend based on high volume will likely remain low as...

A financial instrument whose value is derived from the value of another asset, such as a currency. For this reason, forex derivatives are widely used because they allow traders to combine the values of two or more currencies and trade stocks based on...

Choosing a forex broker is an important part of your trading decisions. The broker will have a considerable impact on various aspects of your trading. You will need to understand the trade structure that will be utililsed. For instance a dealing desk...

Exotic pairs are pair that consist of major currency (USD, JPY, EUR) with other smaller currency like NOK, SGD, SEK, MXN etc. There are not highly liquid and spreads are high. If your are new in forex I suggest you must not trade with exotic pair.

In trading, a spread is a difference between the buy (offer) and sell (bid) prices quoted for an item. Spreads play an important role in CFD trading because both derivatives are priced using them.

The RSI isn't a particularly useful tool for confirming or completing trades. For forex traders, the RSI is useful as an initial signal that highlights trade possibilities and encourages further investigation and examination. It's because, while RSI...

With increased convenience and being able to trade on the go and wherever you are thanks to smartphones, many traders make the most of it. However, it tends to be a bit limited due to the smaller screen, especially to carry out proper analysis and to...

Forex trading allows traders to speculate in both bullish and bearish markets. Because forex trading is usually done in currency pairs, when one currency falls, the other rises, allowing traders to profit from both rising and falling...