It is common knowledge that the foreign exchange market, with a daily volume turnover of $6.6 trillion, packs a wide variety of concepts and technicalities that traders are required to understand. For ...
Forex traders can use ATR to gauge market volatility. Traders should use larger stops and profit targets as ATR increases. Reading ATR can be made easier through the use of the ATR in pips indicator.
When individuals from different countries need to swap one currency for another, the exchange is called foreign exchange (or forex). Similarly, the forex (or FX) market is a global decentralized ...
Forex trading is exchanging one currency for another in hopes of profiting from the trade. Learn more about how you can start trading foreign currencies today.
To trade currency pairs, you need to understand the concept of a lot in forex. This guide explains what a forex lot is, why it’s important and how you can use it to calculate your position size. A lot ...
Simulated forex trading allows beginners to trade forex without any risk or reward. You can test your strategies with imaginary money and understand how these markets work before using real money.
With global asset markets at a crossroads and the March rally beginning to be truly in doubt, this article covers a key tool for gauging market direction that all participants should review: ...
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