What Are Order types available in Forex? During trading, you can have a clear strategy, predict the direction of the market being analyzed and completely trust the trade that is about to be made. However, several times an important factor is not taken into consideration, the entry point. The entry point is vital when positioning […]
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2.05 Forex Terminology?
Forex Terminology Forex markets have their terminologies. The Forex market has many terms which is being shared with other financial markets but which mean different things in the Forex market. There are some words which are unique to Forex. In this article, we will have a closer view of the Forex terms. These terms will […]
2.04 What are lots?
What are Lots? The Forex market is the largest liquidity market around the world. With this data, it is not surprising that many day traders use Forex to speculate. But before picking a market in which to operate, one must understand the term Lots and its particularities. There are many types of lots, as we […]
2.03 What are pips?
What are Pips? No Forex trading is possible without knowing what pips are about. At the latest in the search for the offer and the terms of a broker, you will come across this word. What exactly does Pip mean? What is this term used for? We have brought everything worth knowing into an overview. […]
2.02 How do you know when to buy or sell a currency pair?
How do you know when to buy or sell a currency pair? Trading in the Forex market is not easy. You need to have a lot of experience and knowledge in this area to execute any financial transaction. In reality, trading on Forex is like buying or selling currencies on a trading platform. The Forex […]
2.01 How to Make Money Trading Forex
How to Make Money Trading Forex The Forex market, the most liquid financial market in the globe with greater future projection, possessing a growth share of more than 150% trades on a daily volume of $5 trillion. Despite the high daily trading volume that is negotiated, nobody believes that making money in the Forex market […]
2.00 How do you Trade Forex?
How do you Trade Forex? In comparison with other financial markets, the Forex market has neither a physical location nor a central stock exchange. It operates around the clock through a global network of private traders, corporations, and network of banks. This implies that the exchange rates constantly fluctuate and hence offer a variety of […]
1.23 The Best Days of the Week to Trade Forex
What is the Best Day to Trade the Forex Market The Forex market is open 24 hours a day, 5 days a week. This, however does not imply that volatility remains constant at all times. There are certain days of the week which currency prices move above others. If you seek to increase your profits […]
1.22 The Best Times to Trade the Forex Market
When is the Best Time to Trade the Forex Market Once you know how to trade in the Forex market, you might be wondering when the best times to trade are. The forex market is open 24 hours a day; hence, determining the optimal trading hours is hard. This problem is infuriated by the fact […]
1.21 Forex Trading Sessions
Forex Trading Sessions Now that you know what Forex is, why you should trade the forex market and what makes up the forex market, it’s time to understand the Forex trading sessions. It is true that the forex market is open 24 hours a day, but that does not signify it is still active all […]