Open trade refers to the economic policy of promoting free trade and reducing barriers to international commerce, such as tariffs, quotas, and regulations. This approach encourages businesses to compete in a global market by allowing them to freely...

Calculating the pip value is an essential task for forex traders. It helps in determining the potential profit or loss of a trade. Pip value is the smallest price movement that a currency pair can make. It is calculated by dividing the lot size by...

An ECN (Electronic Communication Network) broker is a type of brokerage firm that provides traders with direct access to the interbank market, where liquidity providers, such as banks and financial institutions, trade with each other. Unlike...

High frequency trading (HFT) in forex trading offers several benefits, including faster execution of trades, lower transaction costs, and increased market liquidity. HFT also allows traders to take advantage of small price discrepancies and market...

Intermarket analysis is a type of analysis used in the financial markets that looks at the relationships between different asset classes. The idea behind intermarket analysis is that the movements of one asset class can impact the movements of...

The Relative Strength Index (RSI) is a widely-used momentum indicator in trading that measures the speed and change of price movements. However, traders often make some common mistakes when using RSI, which can lead to erroneous signals and...

One of the most common mistakes that investors make when it comes to margin calls is not understanding the risks associated with using margin. Many investors may not fully comprehend the potential for significant losses if their investments decline...

Forex technical analysis uses charts to identify patterns and trends in price movements to make trading decisions. There are several commonly used chart patterns that traders look for when analyzing Forex charts.

It is generally not advisable to rely on the foreign exchange market as a primary source of income due to its inherent volatility and unpredictability. The foreign exchange market is subject to a range of factors, such as economic and political...

The educational resources and research tools offered by a broker can play a crucial role in helping traders achieve their trading goals. Some brokers offer a variety of resources, including tutorials, webinars, articles, and video courses, that can...