Forex Trading Articles

After a pullback, Fibonacci extensions can be used to estimate how far a price may continue to move after setting profit targets. There is also a possibility of price reversals at extension levels. They are based on Fibonacci ratios (as percentages) and represent connections to points on a chart. 61.8%, 100%, 161.8%, 200%, and 261.8%

There have been many changes to daily life since the global pandemic began. In the 21st century, bosses have realized that their staff doesn’t have to work in the office to do the job. Stress doesn’t go away when workers work from home. COVID-19 has also been a factor in the forex market’s volatility. However,

A major benefit of investing is building wealth and making money work for you. Forex trading is often the first thing new traders encounter when researching ways to invest online. Often, investors seek perspective by breaking down the pros and cons of different investment markets (forex, futures, indices, etc.) and adding those attributes to a

It means betting against the market when you go short or short-sell. When you sell an asset in this situation, you assume the price will fall, and the more it falls, the more profit you make. A short position is the opposite of a long position, in which you anticipate a rising market and would

Since the beginning of the decade, spread betting has grown in popularity. It appeals to traders because they can make bigger profits when the market moves in their favor while also cutting losses when the market goes against them. By trading spreads, investors are speculating on the direction of certain assets. The goal of this

Direct market access (DMA) refers to an electronic trading method in which investors can trade directly with electronic order books. The seller is responsible for matching the price that a buyer wants to pay for security with the price that the buyer wants to pay for the security until the order matches. Brokers and financial

Could anyone have known how much the iPhone would change the way we live back in 2007 when the legendary Steve Jobs first launched it? Access to the Internet is now at our fingertips, without having to go online through a computer or laptop. Smartphones’ popularity is growing, and more applications have come up, allowing