What is the Forex Market, and Why Should You Care? Hey there! Let’s talk about the forex market, and trust me, it’s not as complicated as it sounds, I promise. Forex, short for “foreign exchange,” is where currencies are traded. Think of it like a global marketplace that never sleeps. It’s open 24/5, meaning you […]

 5 Compelling Reasons to Master Price Action in Forex Trading In the forex trading world, relying solely on indicators can sometimes fall short in dynamic market conditions. Price action, or the interpretation of raw price movement, offers a powerful way to gain deeper insights into market trends. Learning to read price action equips traders with […]

Master 6 Price Action Retracement Entry Types for Effective Forex Trading Price action trading is a vital skill for forex traders. By observing and interpreting raw price movements, traders can identify retracement entry points that align with the prevailing trend. Understanding these retracement types allows traders to time their entries more effectively, improving their overall […]

Understanding Retracements in Forex Trading Forex trading is one of the most liquid and dynamic markets globally, characterised by constant price movements. In this fluctuating environment, traders frequently encounter temporary price pullbacks within a prevailing trend. These pullbacks, known as retracements, offer traders an opportunity to refine their entry and exit points, improving profitability and […]

How to Open and Use a Forex Demo Account on FXCG  Trading forex can seem daunting, especially if you’re a beginner. However, one of the best ways to ease into the market is by practicing with a forex demo account. FXCG offers a demo account that lets you trade with virtual money under real market […]

Is Forex Trading Your Path to Financial Freedom? Forex trading has become a popular option for people looking to achieve financial freedom, especially around these parts of the world. With over $6.6 trillion traded daily, the forex market is the largest and most liquid financial market in the world (BIS, 2019). But before diving in, […]