Essential guides for beginners to understand forex trading, including currency pairs, order types, pip calculation, and market sessions.
📖 Introduction In the forex market, currencies are always quoted in pairs. Understanding how currency pairs work and how pips are calculated is essential for every trader. This guide breaks down common currency pairs, pip definitions, and how these concepts impact trading decisions. 💰 What Are Currency Pairs? A currency pair represents the value of … Read more
📘 Introduction The forex market operates 24 hours a day, five days a week, with trading activity shifting across different global sessions. Understanding these trading sessions and their impact on liquidity and volatility is essential for traders looking to optimize their strategies and trade during the most profitable market conditions. 📊 How Forex Liquidity Changes … Read more
📖 Introduction Understanding different forex order types is essential for executing trades efficiently and managing risk. This guide explores market orders, limit orders, and stop orders, providing examples and best-use scenarios to enhance your trading decisions. 💹 Market Orders A market order is an instruction to buy or sell a currency immediately at the current … Read more
📖 Introduction Forex trading requires a solid understanding of price charts to analyse market movements and make informed trading decisions. Whether you’re a beginner or an experienced trader, mastering chart types and patterns is crucial for technical analysis. This guide covers: 🔢 1. Types of Forex Charts Different chart types provide unique ways to visualize … Read more