29th October 2024
How Pips Work and How Pip Value Is Calculated In Forex trading, traders frequently encounter the term “pips.” Understanding what a pip is and how pip value is calculated is essential for every trader, whether you’re a beginner or an experienced professional. Pips are at the heart of how profits and losses are measured in […]
26th October 2024
Understanding Cross-Currency Pairs in Forex Trading When traders enter the world of Forex, they are usually introduced to the concept of currency pairs—the two currencies being traded in a transaction. While the more familiar pairs involve the U.S. dollar, there’s a whole other world of trading opportunities with cross-currency pairs. These pairs exclude the U.S. […]
24th October 2024
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, […]
22nd October 2024
Overcoming the Struggles in Forex Trading Forex trading is a challenging journey, and even experienced traders will tell you that. Many people start with excitement, but soon, they are facing hurdles like emotional trading, poor risk management, and unexpected movements of the market. So, if you’re struggling in your forex journey right now, just know […]
18th October 2024
Forex Trading: How the Most Liquid Market Works When it comes to global financial markets, none are as large or as liquid as the forex market (foreign exchange). With over $7.5 trillion traded daily, it surpasses all other markets, including equities, commodities, and bonds. But how does this enormous marketplace function, and what makes it […]
17th October 2024
How to Read Forex Charts: A Beginner’s Guide Understanding how to read forex charts is crucial for any trader looking to navigate the dynamic world of forex trading. Whether you’re a beginner or an experienced trader, mastering chart reading is essential for identifying trends, spotting potential opportunities, and making informed trading decisions. In this guide, […]