The most common time periods for moving averages are 10, 15, 20, 30, 50, 100, and 200 bars. Depending on the time period selected, these intervals can be minutes, hours, or days. Short-term moving averages such as 10, 20, or 50 are typically...
Pip is calculated based on a few things, and regardless of what you are trading, you might find the lowest allowed pip value to be a common element. Contract size might be adjusted accordingly. If we take Forex as an example, a lot equals 100000,...
Trading in OTC contracts occurs between two parties on the forwards market, where the terms of the agreement are determined by the parties themselves. Public commodity exchanges like the Chicago Mercantile Exchange (CME) trade futures contracts based...
Ensure that the money in your trading account is truly expendable before you start trading with real cash. The trader should keep saving until it is.
The ruble (also spelled rouble) is the official currency of the Russian Federation and the seventeenth most traded currency in the world with an average daily quantity of $72 billion in 2019. Russia's currency is the ruble. Although a form of the...
A Fibonacci analysis can improve the performance of any temporary or long-term foreign exchange position by identifying key charge levels that act as help and resistance points. Fibonacci is an effective foundation for techniques that can be used for...
The risk reward ratio compares a trade's profit potential (reward) to its potential loss (risk). The trader's lines determine both the risk and profit associated with a transaction. Stop-loss orders are used to quantify risk. This is the price...
A day order is an instruction from a trader to their broker to buy or sell a particular asset. A day order indicates that if an asset reaches a particular price (referred to as the level) during the trading day on which the order is placed, the trade...
With leveraged products, you only need to deposit a small portion of the trade's value to create a position. Margin trading increases your gains, but it also increases your losses, since they are based on the whole value of the position, meaning you...