Zahir Shah

Forex Heat Maps: Visualizing Currency Strengths and Weaknesses for Optimal Trades

Forex Heat Maps: Visualizing Currency Strengths and Weaknesses for Optimal Trades

As a trading tool, Forex Heat Map helps traders analyze the market and make informed trading decisions. This article will discuss Forex Heat Map basics, its benefits, and how you can use it to improve your trading performance. It visualizes currency strengths and weaknesses based on the current market conditions and helps traders identify the […]

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What is Tick Scalping in Forex?

What is Tick Scalping in Forex?

In Forex trading, tick scalping is a short-term intra-day strategy that involves buying and selling currencies frequently to make small profits. Here are the benefits/risks of tick scalping. You need to understand how tick scalping works and the benefits/disadvantages of this trading strategy. Definition of tick scalping As a trading strategy for Forex, tick scalping

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Risk-Reward Ratio: Crafting a Fail-Safe Money Management Plan in Forex

Risk-Reward Ratio: Crafting a Fail-Safe Money Management Plan in Forex

Generally, traders do not open positions with a risk-reward ratio of less than 1. In the case of a trading setup where you must place your stop loss 90 pips away from the market and your take profit target 30 pips away, most professional traders do not take the trade. Experienced traders do not open

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The Role of Regulatory Bodies in Ensuring Forex Market Integrity

The Role of Regulatory Bodies in Ensuring Forex Market Integrity

Trading currencies on the Forex market, or foreign exchange trading, is a global decentralized market. Forex trading offers immense profit opportunities to individuals and institutions due to its daily trading volume of over $6 trillion. Due to the decentralized nature of the market, traders should avoid fraud and unethical practices because of its decentralized nature.

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EU/US Inflation Data Remain the Driving Force

EU/US Inflation Data Remain the Driving Force

Following Wednesday’s volatile action, major currency pairs remained relatively quiet early Thursday. Following the release of the Monetary Policy Meeting Accounts by the European Central Bank (ECB), market participants will watch the Eurozone inflation figures closely. The Federal Reserve’s preferred measure of inflation, the Personal Consumption Expenditure Price Index (PCE), will be featured on the

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