Many investors may be asking “what is forex trading?” Foreign exchange is known as forex, FX or currency trading. Forex trading is essentially a marketplace where you can trade currencies from different countries. You have probably heard of people making millions through currency trading and won...
You may have heard the term "margin" being mentioned in Forex andCFD(Contracts For Difference) trading before, or maybe it is a completely new concept to you. Either way, it is a very important topic that you will need to master in order to become a successful Forex trader. I...
In a floating exchange rate system, exchange rates are set on the international foreign exchange (forex) market, where currencies are bought and sold among banks, businesses, individuals, and governments. The price of a currency is set by supply and demand. In a fixed exchange rate regime, go...
Possibly one of the least understood terms in Forex andCFD tradingis the Forex swap, or CFD swap. It's important to know how the Forex swap fee works when trading, as it can impact your potential profits. Consequently, understanding the swap in Forex will allow you to organise your trading...
MACD Indicator Explained – What is the MACD Indicator?Open a Forex demo account The moving average convergence divergence indicator, or MACD indicator, was invented by Gerald Appel, a stock analyst from New York, in 1979. Although this indicator was originally developed for stock trading, it ...
Introduction to Grid Trading The Grid trading is a type of trading strategy that profits from the sideways as well as trending market conditions. In the simplest of terms, Grid trading involves hedging, or placing simultaneous buy and sell orders at certain levels. The aim of this approach is...
Forex lots explained – Key takeaways What is a lot in Forex? It's nothing but a unit of measurement. Its size ranges from 100,000 to 100 and can be applied to pretty much any currency. They’re mostly used to track the trading volume or help beginner traders. ...
Price Action Trading (P.A.T.) is the discipline of making trading decisions from a clean price action chart with no indicators. All financial markets generate data about the movement of the price of a market over varying periods of time; this data is dis
What is a trade copier in Forex Trade Copier demo: Instantly copying trade from one MT4 to other two MT4 accounts The main trader will focus on effectively trading one account and the same will be posted in other linked accounts. Regardless of the computer or the location of the main trader...
There is no “best” method of analysis between technical and fundamental analysis for forex trading. The most viable option for traders is dependent on their time frame and access to information. Technical analysis may be the preferred method for a short-term trader with only delayed information...