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Forex Technical Analysis: Understanding and Common Mistakes
Forex Technical Analysis: Forex technical analysis is a method used by traders to evaluate and forecast future price movements based on historical market data, primarily focusing on price charts and technical indicators. Unlike fundamental
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Forex Correlation Trading: Leveraging Relationships Between Currency Pairs
Forex correlation trading involves analyzing and exploiting the relationships between different currency pairs to make trading decisions. Correlation measures the degree of association
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Market Trend: Understanding and Identifying Different Strategies
Understanding market trends is essential for traders seeking to navigate the dynamic world of financial markets effectively. A market trend represents the prevailing direction in which asset prices are moving over time
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Unlocking Trading Success: The Power of Forex Trading Communities
In the fast-paced and ever-evolving world of forex trading, success often hinges on more than just individual skills and knowledge. It’s about being part of a community—a network of like-minded traders who share insights, support each other, and collaborate to achieve common goals. This is where forex trading communities come into play. These online forums […]
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Forex Scalping Strategies: Quick Wins in the Market
Forex scalping is a trading technique that aims to capitalize on small price movements in the currency market. Unlike long-term trading strategies, scalping involves making multiple trades within a short period to accumulate profits.
read moreUnderstanding Lot Size in Forex Trading: Explained
Lot Size Definition: In forex trading, a lot size refers to the volume or quantity of currency units in a single trade position. Lot sizes help traders determine the size of their positions and the amount of currency they are buying or selling in the market. There are different types of lot sizes used in […]
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Simple Steps To Launch Your Own Forex Brokerage
Trading is not the only way to earn from the dynamic forex market. There are a lot of innovative business ideas that you can explore in the trading industry and one of them is launching your own forex brokerage.
read moreCFD Forex Trading: Explained
Contracts for Difference (CFDs) are derivative financial instruments that allow traders to speculate on the price movements of various financial assets, including forex (foreign exchange) pairs, without owning the underlying assets. CFD forex trading enables traders to profit from fluctuations in currency prices by entering into contracts with brokers to exchange the difference in the […]
read moreForex Scalping: Understanding and Effective Strategies
Forex scalping is a trading strategy that involves making numerous small trades over short timeframes, aiming to profit from small price movements. Scalpers typically hold positions for a few seconds to a few minutes and aim to capture small profits multiple times throughout the trading session. The key principles of forex scalping include quick decision-making, […]
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Everything You Need To Know About Forex Trading
Introduction When we think of bustling markets, images of stock exchanges with traders yelling buy and sell orders might come to mind. Yet, there’s another market, virtual and massive, that dwarfs stock exchanges in terms of trading volume: the Forex market. Short for “foreign exchange,” Forex trading is the powerhouse of global finance, with its […]
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