What is a day trader in FX trading?
What is a day trader in FX trading?
What does a short position denote when trading currencies?
A forex position is an amount of a currency that an individual or entity owns, which then exposes them to the movements of that currency against other currencies. The position can be either short or long. A forex position has three characteristics: The amount of currency owned. Whether the position is short or long. The …
Read more “What does a short position denote when trading currencies?”
The best advice for beginners in forex trading
As a beginner in forex trading, you probably feel a bit overwhelmed by all of the information and terminology you are encountering. However, don’t worry – we have compiled some of the best advice for beginners in forex trading to help you get started on the right foot. Don’t put all your eggs in one …
Most popular forex chart patterns
A few popular forex chart patterns tend to recur in the market. These patterns can give traders an idea of where the price is headed and how to trade it. Traders can use chart patterns to spot trends, movements, and formations that result from currency pair prices’ fluctuations. Forex chart patterns can assist you in …
When is the forex market open for trade?
When is the forex market open for trade? Answer is here
What does a long position denote in FX trading?
To go long in foreign exchange trading (forex) means to buy with the hope that the value of your purchase will increase. It’s the opposite of going short when you expect the price to drop. In forex, the purchase you’re making is a currency, and when you go long, you profit when the value rises; …
The details you need to become a successful FX scalper
The details you need to become a successful FX scalper?-Answer Here
How to become an FX swing trader?
How to become an FX swing trader?
Why you need a trust in Australia and what it is
As an investor in Australia, you may be wondering whether you need a trust. What is a trust, and how can you benefit from it? A trust is a legal arrangement in which one person (the trustee) holds property or assets for another person (the beneficiary). You can use trusts for various purposes, including asset …
Read more “Why you need a trust in Australia and what it is”
Appreciating leverage in CFD trading
As a trader, it’s essential to understand the benefits of leverage and how to use it responsibly. Leverage can be an effective tool to help you achieve your trading goals, but it’s also vital to be aware of the risks involved. We’ll discuss leverage and how you can use it effectively in CFD trading. We’ll …