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Forex trading involves buying and selling currencies on the global, decentralized, over-the-counter foreign exchange market. With daily turnovers averaging around $6 trillion, the forex market is ...
Wondering how to trade breakouts in forex? Uncover the essentials of forex breakout trading to identify and trade breakouts, set optimal exit strategies and more. My Account.
If your trading account has a $50,000 balance then 2% of that amount will be $1000 of risk per trade. A $1000 risk per trade may be a huge amount to a trader with a balance of $5000 in his account.
Forex Math: In conventional terms, you sold short €100,000 and received $136,000 in your opening trade. When you closed the trade, you bought back the euros you had shorted at a cheaper rate of ...
Forex trading is essentially trading currencies. The process involves simultaneously buying one currency while selling another in the hope of profiting from the changes in their relative values.
The EURJPY forex pair sells off from 133.75 to 131.05 in just six hours, carving out a vertical trend swing that offers a perfect fit for a Fibonacci retracement entry on the short side.
Choose a currency pair to trade. We offer more than 80 currency pairs – from majors like GBP/USD, to exotics like HUF/EUR. When you trade with us, you’ll be predicting on these forex pairs rising or ...
It may take a few months or it may take years to acquire proficiency, it all depends on you, the trader. Acquiring the necessary knowledge and skill is a process, sometimes a brutal and lengthy ...
It is universally accepted that Forex money management is a set of processes that a Forex trader will use to manage the risk in their Forex trading account. Successful Forex traders tend to accept ...