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 […]
The forex market trades more than $6.6 trillion every day, making it the world’s top financial market. In this vast market, traders can go long or short on currency pairs. A long position means buying a currency pair, believing its value will rise. Traders use this strategy during peak trading sessions like those in New […]
Between 1900 and 2018, the Dow Jones saw nearly 33 bear markets. That’s about one every three years. It shows how often the market can turn bearish. A bear market in Forex trading means currency values drop significantly. This drop is usually 20% or more from their recent highs. It happens when many people sell […]
Did you know the biggest rise in the S&P 500 lasted over 10 years, gaining over 300%? In Forex, a bull market is when currency prices go up. This period shows investors feel confident, and there’s a lot of trading and optimism. A 20% price increase from recent lows starts a bull market. Forex traders […]
The Forex market is very active, with trillions traded every day. It’s key to know about the base currency in trading. For example, USD stands for the U.S. dollar. The base currency is the first one in a pair, like EUR in EUR/USD. It tells us how much of the second currency is needed to […]
The EUR/USD is a major player in forex, making up about 23% of trades. The Forex Market handles nearly $7.5 trillion every day. This makes it extremely large and full of opportunities. Now, let’s understand what a currency pair is and its role in Forex Trading. In Forex, a currency pair shows the value of […]
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