Category Archives: Education
Surviving margin calls: A trader’s guide
Written on November 28, 2023 at 10:44 am, by maria
Margin trading can be a double-edged sword, offering the potential for significant gains but also carrying substantial risks. In the realm of Forex trading, this dynamic becomes even more pronounced. Traders, regardless of their experience level, must understand the intricacies of margin calls in this context. This article is dedicated to demystifying margin calls inContinue Reading
Demystifying Japanese Candlesticks: A Beginner’s Guide
Written on October 18, 2023 at 9:46 am, by maria
The story of Japanese candlesticks unfolds in 18th century Japan, a time when rice trading was a pivotal economic activity. Merchants and traders required a reliable method to analyse and predict price movements of rice, a commodity of immense importance. This necessity led to the development of what we now know as Japanese candlesticks. JapaneseContinue Reading
How to trade silver: A comprehensive guide
Written on October 17, 2023 at 12:06 pm, by maria
Silver, often referred to as the “poor man’s gold,” has captivated traders and investors for centuries due to its unique characteristics and historical significance. Recently, it has gained attention as an alternative investment, aligning with the growing interest in precious metals amid economic uncertainties and inflation concerns, highlighting its potential as a viable trading option.Continue Reading
Chart Indicators: Data-driven forex trading
Written on October 9, 2023 at 6:07 am, by maria
In the not-so-distant past, Forex trading was primarily driven by intuition, market experience, and fundamental analysis. However, the introduction of Forex chart indicators revolutionised the landscape, providing traders with a powerful analytical tool that transformed decision-making. Forex chart indicators brought a scientific approach to trading, enabling traders to objectively analyse historical price data and predictContinue Reading
Secure profits, minimize losses: The forex trader’s risk management guide
Written on September 26, 2023 at 8:37 am, by maria
Welcome to the world of Forex trading, a dynamic marketplace where currencies are bought and sold. This market offers incredible potential for profit, but it’s crucial to understand and manage the risks that come with it. Read more about the nature of risks and emotional discipline techniques in our previous article. In this guide, we’llContinue Reading
Unlocking forex chart secrets: Your trading education, part 2
Written on September 12, 2023 at 8:28 am, by maria
Read Part 1 of this article to learn about the purpose of charts in Forex trading, different chart types, and how to use line charts. Bar Charts (OHLC) OHLC stands for Open, High, Low, and Close. Bar charts are a widely used type of Forex chart that display these four key price points for eachContinue Reading
Exploring forex chart types: A trader’s perspective, part 1
Written on September 7, 2023 at 1:31 pm, by maria
Picture this: you’re standing on the bustling floor of a stock exchange, surrounded by traders frantically waving their arms, shouting buy and sell orders. The numbers on the screens are changing rapidly, and the stakes are high. In the world of Forex trading, you may not be physically present on a trading floor, but youContinue Reading
Risk and reward: The role of emotional discipline in forex trading
Written on September 6, 2023 at 10:02 am, by maria
The Risk and Reward in Forex Trading Imagine a novice trader named John, eager to explore the exciting world of Forex trading. Inspired by tales of impressive profits and dreams of financial independence, he leaps into the market without a clear plan, driven by optimism and the promise of quick riches. Initially, luck smiles uponContinue Reading
Golden Cross, Death Cross: How to use simple moving averages in forex trading
Written on September 4, 2023 at 6:38 am, by maria
Imagine you’re planning a road trip across the country. To make the journey smoother and safer, you rely on your GPS. This trusty device provides you with a simple yet powerful tool – the estimated time of arrival (ETA). Now, think of Forex trading as a similar journey filled with twists and turns, where yourContinue Reading
The emotional edge in forex trading: Sentiment analysis strategies
Written on September 4, 2023 at 6:00 am, by maria
Imagine standing amidst a sea of people at a grand concert. The electrifying music pulses through the air, and you can feel the excitement building with every beat. As the artist hits a high note, the crowd erupts in cheers, and an aura of euphoria envelops the arena. Now, think about what happens if theContinue Reading