Transaction costs in trading refer to the expenses incurred by traders when buying or selling securities. These costs can include brokerage fees, bid-ask spreads, taxes, and other fees associated with trading.

Supply and demand areas play a crucial role in the concept of trading. These areas represent key levels in the market where buyers and sellers interact, creating imbalances in supply and demand. Understanding and identifying these areas can...

The TRIX indicator, short for "Triple Exponential Average," is a momentum oscillator used in technical analysis to identify trends and potential reversals in price movements of financial assets. Developed by Jack Hutson in the 1980s, TRIX is designed...

A flag and a pennant are both continuation patterns in technical analysis, but they differ in shape and formation.

Brent Crude Spot refers to a widely used benchmark for pricing crude oil. It represents the spot price of Brent crude oil, which is a type of sweet crude oil extracted from the North Sea. The term "spot" refers to the immediate or current price at...

Continuation patterns are chart formations that signal a temporary pause in the prevailing trend before the price resumes in the same direction. They help traders identify potential entry points during trend consolidations. The most common types...

A news trading strategy is of utmost importance in the world of financial markets. News, especially economic indicators, policy announcements, and geopolitical events, can significantly impact the prices of various financial instruments. A...

Using an STP (Straight Through Processing) broker offers several advantages over a non-STP broker. Firstly, STP brokers provide faster execution times and lower slippage rates since trades are processed electronically without manual intervention....

Fibonacci levels play a crucial role in technical analysis, helping traders and investors identify potential support and resistance levels in financial markets. While all Fibonacci levels have significance, some are considered more important due to...

Forex trading is a highly competitive and complex market that requires traders to have strong mental and emotional resilience. However, traders often fall into common psychological pitfalls that can lead to poor decision-making and ultimately result...