In forex trading, a buy order refers to a transaction where a trader purchases a currency pair with the expectation that its value will increase. When placing a buy order, the trader is essentially betting on the base currency's appreciation relative...

The "Met Hold" candlestick pattern, also known as the "Upside Tasuki Gap", is a bullish continuation pattern seen in technical analysis. It typically appears in an uptrend and signals the likelihood of the trend continuing upward.

A support level in trading is a price level where buyers are expected to step in and prevent further price decreases. Determining a support level involves analyzing past price movements and identifying areas where buyers have historically entered the...

Gaps appear when there is a very strong shift in the market's prevailing trends, whether up or down, in favour of a currency or other asset. Gaps can appear on any time frame and at any time, but because the forex market is so liquid, they rarely do....

Treating trading as a business has several advantages that can help traders achieve long-term success. The first advantage is that it forces traders to take a more disciplined and structured approach to their trading activities. This means developing...

The Fibonacci sequence is a series of numbers that forms a mathematical pattern. The sequence starts with zero and one, and continues by adding the previous two numbers.

Navigating the path to wealth in forex trading requires a strategic, disciplined approach. First, education is essential. A solid understanding of how forex markets work, technical analysis, and macroeconomic factors can give you an edge. Start with...

Developing a trading plan is essential for success in forex. Start by defining your goals: are you looking for short-term gains or long-term growth? Clear objectives will guide your strategy. Next, analyze your risk tolerance how much are you willing...

Copy trading allows you to diversify your portfolio by gaining exposure to markets you are unfamiliar with.

Interbank rates refer to the interest rates at which banks borrow and lend money from one another in the financial market. These rates are determined by the demand and supply of funds in the market and are considered to be the benchmark for all other...