My first trade was a loser and that is not good but if we look at the bright side we can get some good forex lessons from this first trade. I have a list of points of areas that this trade could have ...
Forex trading has a reputation for being complex, filled with charts, technical terms and endless market chatter. But at its heart it is surprisingly simple. You are buying one currency while selling ...
Forex trading involves exchanging one currency for another with the objective of benefiting from changes in relative value.
There are three major forex trading sessions which make up the 24-hour market: the European session, the US session and the Asian session. Although the forex market is one of the most liquid of all ...
It’s important to be familiar with forex spreads as they’re the primary cost of trading currencies. In this lesson, we’ll explore how they work, as well as how to calculate costs and keep an eye on ...
Foreign exchange trading, commonly referred to as forex, is often described as the largest financial market in the world. With daily turnover measured in trillions of dollars, it underpins global ...
Pips are the units of price movement in forex trading. Understanding their value and calculating potential profits or losses in pips is essential for creating an effective trading strategy. This guide ...
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 ...
What if someone told you that Ghana’s forex market is thriving but operating in the shadows? It’s not a dramatic exaggeration. While traders in Accra and Kumasi are making real moves in the global ...