IC Markets is one of the leading names in the brokerage industry and has established itself as a top choice for many forex traders. Choosing the right forex broker can make a significant difference in your trading experience. Whether you’re a beginner just starting out or a seasoned trader looking for new avenues, understanding the features, … Read more
Knowing how to use ADX indicator correctly can be very useful for traders to identify the strength of market trends. However, its usefulness depends on how well a trader can interpret and apply it accurately. This article seeks to simplify the complicated ADXÂ by explaining its components, how it can be used in real life, and … Read more
How to choose the right forex broker is one of the most important tasks for a beginner trader. Choosing a forex broker that is right for you and your investment needs can be a challenging task. Since there are so many online brokers today, choosing between them is like selecting an insurance agent. What to … Read more
Why learn forex trading and how does it work? This has become an increasingly popular topic in recent years as more people look for alternative ways to make some extra money. However, it takes a lot of practice, dedication, and discipline to get to the point where you can make consistent profits from it. In … Read more
Multiple time frame analysis is one of the popular technical analysis tools a trader can use before making any trade. Unfortunately, many traders would like to make their trading decisions based on a single time frame. As a result, they spend most of their time analyzing the charts in their specific time frame without paying … Read more
Money management refers to a set of techniques used to increase profitability, cut down losses, and grow your trading account. The application of good money management techniques plays a critical role in any trading plan. Sadly, most traders don’t understand how important it is and end up blowing their accounts as a result. Without proper … Read more
Many traders use Japanese candlesticks as part of their technical analysis to study forex trading charts. Learning how to read Japanese candlesticks is important if you want to know how the candles on a chart interact with each other and provide a basic understanding of how the market works. In this article, I’m going to … Read more
Beginner traders are surprised to see that a trade they just made is already at a loss. They start to wonder if the broker is trying to scam them. In fact, there is no scam here, and this is happening because of the forex spread. In today’s article, I’ll talk about what a forex spread … Read more
One reason beginner forex traders fail is that they usually pick the wrong time frame for trading. Since most beginner traders want to get rich quickly, they are tempted to trade with small time frames like the 1-minute or 5-minute charts. But that approach is wrong. As a beginner, you might be wondering, “What is … Read more
Choosing the right forex pairs to trade is one key factor that can significantly impact your success. This article will guide you through the best Forex pairs to trade and help you make the most of your trading strategy. Do you know that the US dollar is involved in more than 50% of transactions on … Read more
