We must know what is the best pair to trade with to make good profit with lowest risk and also can avoid big loss. So what is your favorite pairs to trade?

The purpose of technical analysis of chart patterns is to identify forex price movements that repeat frequently over time. Typically a forex trader will spot the formation of a known chart pattern and will then place an order based on the price's...

A zero-cost strategy is a strategy that does not require any material costs for its implementation, and at the same time, the result of applying the strategy gives positive results. The zero-cost strategy is applied to optimize various processes,...

Rollover and swap in forex confuse many new traders. Rollover is the process of moving open positions from one trading day to another.

Forex broker is an individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commision. It is also important to make sure that the trading platform does not crash or freeze often, especially during times of...

One of the important components of successful intraday trade is the speed factor: sometimes sudden changes of behavior of the market demand an immediate reaction from the trader. Especially sharp and active fluctuations of schedules and quotations...

Wolfe waves consist of several map waves that generate a very different series. Wolfe wave pattern is named Bill Wolfe, a trading guru. He found that if consumer behavior continues within a food supply chain and makes a false collapse on the fifth...

The term 'Pip' is commonly mentioned in forex trading and so it is important to be aware what it is. Pip is short for percentage in point, or price interest point. This refers to the smallest price move which an exchange rate can make, and you will...

It depends on the move at play and the timing of my entry. Sometimes I can target 20 pips a day, and sometimes 40 pips. I do not go for more than 40 pips in a day. If the entry does not look too good, I can even go for 10 pips and forgot about...

Which chart is useful? 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 24 hours,1 week, or 1-month chart.