Did you know that markets trend only about 30% of the time? This makes trends rare in forex trading. It shows why understanding range-bound trading is crucial as it’s the norm. In a range, prices move between highs and lows. These limits are the support and resistance. Range trading fits all time frames, from five […]
Did you know that 74% of retail CFD accounts lose money in Forex trading? Trends are key here, affecting whether traders succeed or fail. Knowing about trends is vital for anyone looking to invest in the Forex Market or master Forex Trend Stages. A trend in Forex trading shows the way currency prices move over […]
Did you know that swing trading is a top pick among forex traders? It’s especially liked by new and experienced traders alike. This strategy aims to make money from the market’s highs and lows over days to weeks. It uses both technical and fundamental analysis to predict prices. The main aim of swing trading is […]
About 90% of day trading happens in stocks and the foreign exchange market. This fact is key to understanding Forex day trading. In this kind of trading, people buy and sell currency pairs in a single day. They do this to make money from the market’s quick price changes. Day traders are looking to make […]
In forex scalping, traders can do hundreds of trades in one day. They aim to make small quick profits. This means they buy or sell currencies for very short periods, often just seconds or minutes. Their target is capturing small price changes, usually five to 20 pips. They do this by using larger trades to […]
In forex trading, high volatility is seen only 30% of the time. This tells us how important it is to know and handle market changes well. Volatility means how much a currency’s price moves in a specific time. It shows how much or how little a currency is changing. It’s key to know market trends, […]
Do you know that 84.9% of forex market trades are in U.S. dollars? This shows how liquid the forex market is. It’s the most liquid market in the world. This is due to large trading volumes and frequent trades. Liquidity matters a lot in forex because it helps transactions happen without big changes in prices. […]
The forex market deals with over $7.5 trillion each day. That’s more than stock or bond markets! Forex brokers are key, allowing traders to dive into currency trading. Forex brokers act as bridges for traders, connecting them with the global currency scene. They help with buying and selling currency pairs. This way, traders can guess […]
Did you know the Forex market in North America saw an average daily trade of $918 billion in April 2023? This huge number shows how important currency rates are in the finance world. Fundamental analysis in Forex looks at the economy, society, and politics to understand how they affect currency values. It helps traders predict […]
In April 2020, the Canadian dollar fell a lot against the US dollar. This was because of the big drop in oil prices. It showed how markets are connected. It also showed how important technical analysis is in forex trading. Technical analysis uses past price charts and market data to predict future prices without looking […]