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 […]
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 […]
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. […]