What is Technical Analysis? Technical analysis in forex trading involves analyzing past price movements and volume to forecast future market moves. By focusing on historical price data and ignoring macroeconomic…
The Santa Claus Rally is a historical phenomenon observed in financial markets, where the final week of December and the first two trading days of January often experience bullish momentum.…
The Forex market is the largest financial market in the world, with an average daily trading volume of $6.6 trillion. It is highly dynamic and influenced by numerous factors, such…
When it comes to making informed decisions in trading or investing, the debate between fundamental analysis vs technical analysis is ongoing. Both methods have their distinct advantages, and depending on…
The gold rate is universally a hot topic among traders, especially as the year draws to a conclusion. With global markets fluctuating, there are several factors that can influence whether…

A Beginner’s Guide to the Forex Market Structure: It’s Simpler Than You Think!

Let’s take a closer look at the captivating Forex market structure, akin to a layered cake with each level having a crucial role in the market’s performance. Grasping this hierarchy could be vital for anyone aiming to navigate the Forex landscape skillfully. Retail Traders (The Foundation) At the base of the Forex market structure pyramid, […]

5 mins read

Fibonacci Trading in Forex: A Beginner’s Guide

In forex trading, strategies are like playbooks guiding traders to success. Among these strategies, Fibonacci stands out as a powerful tool, with the capacity to enhance traders’ decisions with mathematical precision. Let’s explore how Fibonacci trading transforms numbers into invaluable allies in the forex market. What is Fibonacci Trading in Forex? In Fibonacci, each number […]

9 mins read