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How to Trade

what is fundamental analysis

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What is Fundamental Analysis?

Fundamental analysis is the interpretation of political, economic, and social factors which may have an impact on a country’s economy, subsequently affecting the value of its currency. Generally speaking, the health of a country’s economy reflects in the value of
Forex technical analysis

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What is Technical Analysis

Technical analysis is the study of historical price data used to interpret and attempt to forecast future price movements. As a concept, there are three key principals which form the basics of this approach (*Technical Analysis Of The Financial Markets,
what is trading strategy

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What is a Trading Strategy?

A forex trading strategy in its simplest form is a set of rules that should be followed when trading. Usually based on either technical analysis, fundamental analysis, or a combination of both, a trading strategy can be applied manually or
Take Profit Stop loss and Trailing Stop

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Take Profit, Stop Loss and the Trailing Stop

When it comes to forex trading, the excitement and emotions involved can often cause traders to focus on entering the market and generating profits, completely overlooking one of the most important aspects of trading ‘Risk Management’. One of the keys
Forex orders typs buy and sell

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Forex Order Types Explained: Market and Pending Orders

When trading forex and other CFDs (Contract for Difference) an order simply refers to a request sent to your broker through the trading platform to buy or sell a financial instrument. These order types fall into two main categories, market
What is a pip

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What is a pip in Forex?

The term PIP stands for ‘percentage in points’ or ‘price interest point’ and in simple terms is a unit of measurement which is used to express the change in price between two currencies. Pips are used in forex trading to
trading psychology in Forex

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Trading Psychology

Let’ face it, no one likes losing money and the emotions triggered by such events will manifest themselves differently within each individual. Studies show that investors feel losses twice as hard as wins, potentially further influencing future trading decisions. When
What is free margin

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What is Free Margin?

We have already discovered in a previous article that Margin is the amount of money needed to open a trade, and once trades are opened, we can see the total amount of Margin being used in the terminal window of
What is Forex Trading

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What is Forex trading?

Forex also referred to as FX, foreign exchange, and currency trading is the act of exchanging one currency for another. Why Trade Forex? There are many reasons why currencies are exchanged. Whilst most foreign exchanges occur for practical reasons such
What is Spread

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What is Spread?

When trading Forex or other financial CFDs (contracts for difference) the spread is simply the difference between the bid (sell) and ask (buy) price of the asset. Varying in size between financial instruments, the spread (often quoted in pips on