Imagine a bustling market where two vendors engage in a lively price negotiation – that’s essentially what happens in the forex world with bid and ask rates. Let’s simplify the concept of currency pairs, unravel the mystery behind the bid and ask rates, and equip you with the knowledge to navigate the forex market like […]

Navigating forex trading can be tricky, especially with the various types of forex orders to choose from.. But fret not, fellow traders! Whether you’re taking your first steps or sailing with the seasoned, join us for an approachable exploration of the diverse world of forex orders. Let’s kick off with the Market Order This is […]

Looking to step up your forex trading game? Then you might want to grow your understanding about Forex Rollover Rates. Keep following along to know how they function, along with some handy trading suggestions. Let’s jump in and get to know them better! What is the Rollover Rate in forex? In Forex, rollover refers to […]

As the global economy continues to grow and expand, more and more currencies are being traded on the foreign exchange market. The foreign exchange market is the largest and most liquid financial market in the world, with an average daily trading volume of over $7 trillion. Now, are you curious about the top traded currencies […]

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, […]

When it comes to forex trading, timing is everything. With the forex market session opening 24 hours a day, 5 days a week, it’s crucial to know which sessions are the most active and may offer the most trading opportunities. But, let’s be real, with all these different forex sessions, it can feel like you’re […]

Forex trading or foreign exchange market is like setting out on an exciting adventure. Like any journey, you’re likely to encounter unfamiliar language and concepts. At the heart of this vast ocean of currency trade are two foundational concepts: the “long and short position in trading.” If you’re keen on decoding this world, let’s set […]

If you’re new to forex trading, you must have come across the term “pip” and probably wondered what it means. So let’s talk about pips – those little guys that can make or break your trades.  Understanding Pips Well, they’re basically just units of measurement for currency pairs. When you see a price quote for […]