In trading, entry and exit points refer to specific moments or levels at which a trader enters a trade by buying or selling an asset and exits the trade by closing the position. These points are crucial for determining the timing and profitability of...

Price transparency refers to the extent to which market participants have access to accurate and timely information about the prices of goods, services, or financial instruments. It is a fundamental aspect of efficient and fair markets, enabling...

The purpose of LIBOR (London Interbank Offered Rate) in financial markets is to serve as a widely accepted benchmark interest rate that reflects the average borrowing costs among major banks in London. It plays a crucial role in pricing various...

Utilizing the Relative Strength Index (RSI) in day trading can provide valuable insights for traders. RSI is a popular technical indicator used to measure the momentum and strength of a stock's price movement. It oscillates between 0 and 100,...

Multiple variables influence the price, including economic and geopolitical issues. The FX market is heavily influenced by central banks, politics, natural catastrophes, wars, and other news events.

You can trade with a far larger amount of money than is actually held in your trading account when you use leverage. You may see a rapid increase in the balance of your account as a result of this, but many beginners make the mistake of misusing...

PIP significant ‘percentage in points’. The term means the minor incremental move that an exchange rate can bring. If the exchange rate had been 1.3510 and increased by 1 pip, the exchange rate would be 1.3511.

Forex market is a market that works 24 hours and begins in Sydney every day. It then moves across the globe as the day begins in each financial centre. It allows the investors to respond to currency fluctuations caused by social, economic or...

Indicators are an essential part of forex trading and are used by traders to identify potential trends and predict future price movements in the market. Indicators are mathematical calculations based on price and/or volume data and are designed to...

A stop loss order is a risk management tool used by traders and investors to limit potential losses on a trade. It is an instruction to a broker or trading platform to automatically sell or buy a security at a predetermined price level, called the...