The On-Balance Volume (OBV) is a technical analysis indicator that quantifies the flow of volume in and out of a security over a specific period. Developed by Joseph Granville in the 1960s, OBV aims to provide insights into the relationship between...

Stop loss hunting in the forex market refers to a practice where market participants intentionally manipulate prices to trigger stop loss orders placed by other traders. This manipulation is aimed at creating a temporary spike in price that triggers...

MQL BLUE offers simple and advanced forex programming services to clients, brokers, and companies. MQL BLUE focused on MetaTrader programming, specifically using MQL (MetaQuotes Language). MetaTrader is a popular trading platform widely used in the...

A variable spread in forex trading refers to the difference between a currency pair's bid and ask price that fluctuates depending on market conditions. Unlike fixed spreads, which remain constant, variable spreads adjust dynamically due to market...

Technical analysis is a critical tool in financial markets. It evaluates securities and forecasts price movements based on historical data. Its importance lies in its ability to provide traders and investors with actionable insights into market...

In forex, cross-currency pairs are those that do not involve the US dollar. They are widely used by traders who want to bypass the dollar and directly trade two non-USD currencies. These pairs are divided into several major categories, each offering...

Scalping is one of the fastest-paced trading styles in forex, and many newcomers wonder if they can realistically earn from it. In theory, the answer is yes, but in practice, it is much harder than it looks. Scalping involves opening and closing...

A trading journal is one of the most powerful tools for building long-term success in the markets because it helps traders turn experience into structured learning. By recording every trade with details such as entry, exit, position size, strategy...

There are several approaches to comprehending and trading an upswing. One strategy is to concentrate solely on price action. Another approach is to use tools like trendlines and technical indicators. Two classic price action trading methods that can...

However, passive income is not a way to get rich without doing anything; it is instead a way to generate profits over time so that you can work less. As time goes by, effort decreases, while profits increase. Isn't that great?