What is Price Action in Forex and how to use it?

The up and down movement in the prices of the assets over time is generally termed as price action. Surprisingly, such up and down activities create trends and patterns when the prices are plotted in a chart. The trends and patterns are then converted into trading strategies for modern traders to gain profit from the…

What is Forex? Learn the basic Forex terminology

With the beginning of 2020, new possibilities are knocking our doors. Making and losing money has become much easier since the internet culture has taken over the world. So, what can we learn at present that will create a new earning source for the new decade?   Often we see headlines about the global stock…

What is seasonality and how the economy works?

 One day I was going through a blog and found the title very interesting- “The Coffee Machine Principle.” We all love coffee and drink it to re-energize our day. However, the writer found 3 behaviors that shape the performance of the coffee machine. Similarly, the economy works like a coffee machine with certain principles. The…

Breakout strategy

The Breakout Strategy is one of the most used strategies by professional and successful traders. Despite the fact that it is utilized by experts, it is extremely easy to implement, using technical analysis that are regularly updated and which are readily accessible online. What is a Breakout? A breakout is any movement of price outside…

Emotional aspects of trading

Ask a person on the street the question “What makes a good trader?” and one of the most common answers you will receive will be “trading strategy”.   However, ask someone who has traded forex for any length of time the same question and the answer you will get will be far more complex.   No…

What is forex managed account?

Forex Managed Account is the type of account that is managed or operated by a professional trader on behalf of his/her client (owner of the account). The retail trader who is the owner of the account opens a forex managed account and afterward, gives full access to the account manager to do buy or sell…

What are forex signals and how do they work?

Forex signals are trading tips served by professional traders for entering a trade on a currency pair, usually at a particular price and time. Also, it is a suggestion produced to aid (help) traders in placing ideal trades on a given currency pair. These are indicators on what you should buy or sell in the…