Stop loss and take profit are two essential trading orders used to control profits and losses in a forex trade. Both orders are designed to decide how much you are willing to risk or make from each trade. This...
Tether (USDT) is one of the first cryptocurrencies to be pegged to the US dollar, launched in 2014. Previously known as Realcoin, Tether has been among the top 10 most traded cryptocurrencies in 2021, with a...
The reserve currency is vital for participating in the global economy through international transactions, payments, investments, and debt obligations. It can also be utilized to support the value of local...
How do you track and measure your trading performance? What is the best tool to track trade performance? And, how do you evaluate how good or successful you are as a trader? Trading performance, tracking and...
Not every trader has the luxury of starting the trading journey with a big forex account. Does it mean that traders with a small trading account can grow their accounts? Yes, they absolutely can. Through the...
Forex currencies nicknames are common among professional traders. The forex market still has its specific terms that can put a lot of beginners off, despite the fact that forex trading is becoming easier every...
Forex trading has its special terminology set that every trader should be aware of. For beginner traders, some forex trading terms may seem subtle. You may, for example, have heard professional traders talking...
Forex technical analysis is the process of assessing the market conditions and choosing whether to buy or sell a specific currency pair. Analysis in the forex market is commonly divided into two main...
Using a long-term forex trading strategy has proved to be a very successful and lucrative trading approach that is widely adopted by professional traders. This strategy focuses on holding trading positions for...
Inflation is an economic indicator that measures the rate of change in the prices of goods and services in the economy over time. It reflects the decline in the purchasing power of the currency. The inflation...
The reserve currency is vital for participating in the global economy through international transactions, payments, investments, and debt obligations. It can also be utilized to support the value of local currencies. ...
Forex trading has its special terminology set that every trader should be aware of. For beginner traders, some forex trading terms may seem subtle. You may, for example, have heard professional traders talking about...
The spread is a major concept in forex trading and it is basically the transaction cost for a trade. The trading fee that a trader pays affects the total cost of trading, that’s why it should be a key consideration when...
A lot is one of the basic terms in forex trading and essential tools to make profits. It’s essentially the amount or quantity that is being traded in the market. To fully utilize the lot size in your favor...
The quote currency is basically the second currency listed in a currency pair and is used to define the value of the base currency. A currency pair measures the value of one currency against another. Currencies...
Trend analysis is a technique of technical analysis that focuses on the trend to analyze price behavior and predict future movements. It is very popular in financial markets, including Forex markets. Trend Analysis...
Forex day trading is a popular strategy that focuses on buying and selling currency pairs within the same trading day. It is a short-term trading strategy where traders place a number of trades per day and close them by...
Copyright © 2021. Created by AximDaily
