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Trading styles on Forex in relation to technical analysis

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Opponents of technical analysis always come out with the argument that chart is self-fulfilling prophecy, since all profiteers can see identical formations on it. That’s not true. Diversity of trading styles on the currency...

What is a PIP in Forex?

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The Forex market is rife with a fair amount of complex jargon and abbreviations. However, it is relatively easier to understand it, than it seems. It is also imperative to do so, as understanding...

What is the Technical Analysis?

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At what point it is worthwhile to buy the investment vehicle in order to earn at minimal risk? It’s the most important question asked by traders operating on the currency market. In Forex there...

Why Trade On a Demo Account?

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A demo account is fundamental in the functioning of any trader. It is a useful learning tool for anyone who may wish to invest his/her career, time, energy and money into the financial market....

Types of Charts

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Chart is an analytical basic trader tool on Forex. The price it is possible to describe graphically in different configurations. Bar and candlestick line charts are included in the most popular types of charts....

What is a Lot in Forex?

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Rewind a couple of decades ago - there was predominantly just one lot size that most brokers used in trading. It was a standard lot that comprised of 100,000 currency units. With time, however,...

Types of Trends in Forex

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In the Forex market, trends reflect the average rate of change in price over time. A trend is a useful indicator of where the market is headed and offers an opportunity to take action...

Long Position and Short Position

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The principal aim of Forex market is to make profits from the position via the buying and selling of different currencies. A Forex transaction is said to be complete when one currency is bought...

Forex Support and Resistance

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Support and resistance is one of the most commonly used concepts in the Forex trading. However, most traders have their own way of measuring support and resistance. Many a times, it can lead to...

Types of Forex Brokers

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Correct broker selection requires knowledge of specificity intermediaries function on the currency market. In the article you will find crucial information, affecting selection of the best offer.  Diversity of brokerage services is complex for the...
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