Education

Forex indicators are a great help to traders and are used to predict the direction of the market. They are also called 'technical indicators' and are an essential tool for technical analysis....

One of the most popular ways of predicting the price behaviour of an asset in the forex market is fundamental analysis. It is often put in opposition to another popular form of...

Technical analysis is the use of mathematical methods, necessary for the formation of indicators that will act as filters for determining the particular properties of the market.

In fact, they...

Except for levels and lines, chart patterns can be singled out in the market. They also help us to define the positions opening and to set the profit-taking goals.

There are three...

Graphical analysis – the use of levels and lines makes it possible to predict the price behaviour in the market.

Levels and lines are the main tools of the graphical analysis.

The...

The spread is the difference between the buy price and the selling price. It is like at currency exchange offices or banks. It is always more expensive to buy the currency than...

Leverage is the use of borrowed money to invest in a currency, stock, or security. The concept of leverage is very common in forex trading. By borrowing money from a broker, investors...

There are only three possible scenarios in Forex. You either buy (it is also called to open a long position) or sell (open a short position). Or you do nothing, waiting for...

What is a Candlestick?

A candle is a visual display of the opening price, and closing price, as well as the high and low for a certain period. The interval between...

Forex is based on various quotations. You often saw many figures, but did not really understand what they meant.

Well, Quotation is the expression of one currency’s value in monetary units of...