The Great British Pound (GBP) had spiked 1.38% versus the US dollar over three months, as of July 8th, 2024. The GBP has overshadowed the euro (EUR) and […]
Many new traders make the mistake of not following proper risk management techniques. You may have chosen your broker carefully, practised extensively on the demo account, […]
The Australian dollar (AUD) had entered 2023 on a high note, rising to US$0.71 in January. However, it steadily declined throughout the year, ending 2023 at […]
Bruno Iksil, nicknamed the “London Whale,” took a large position in the credit default swaps market in 2012, costing JPMorgan Chase $9 billion. Known for his […]
The global contracts for difference (CFDs) market is forecasted to expand at a CAGR of 4.3% between 2023 and 2028. CFDs allow traders to make the most of price […]
Swing trading is a strategy where traders attempt to capitalise on price fluctuations by holding a position open anywhere between a few days and a few […]
The global forex markets attract traders because of the significant volatility, which offers multiple trading opportunities, the 24-hour operations of the market, and massive liquidity. But […]
Currency pairs, pips, spreads, and expiration dates; as a beginner, there’s a lot to learn about trading currencies in the live markets. If you’re wondering where […]
Apart from being a game of numbers, trading is also a battleground of emotions. Wins, losses, and market volatility can evoke a variety of emotions, which […]
Swing traders aim to capture small price movements by holding assets for a short timeframe. While intraday traders liquidate positions within a single day, swing traders […]
A Renko trading chart is similar to a candlestick chart, although it comprises “bricks” rather than candlesticks, to visually depict asset price moves. It can be […]
Leverage or margin trading allows traders to multiply their trading power by borrowing funds, usually from their broker to open positions. Contract for Differences (CFDs) have […]
XAU/USD surged over 18% in the 12 months from the March 2023 banking crisis. Key drivers of this growth included mistrust of the banking ecosystem, speculation […]
The Ichimoku Cloud is a popular technical analysis tool, often used in the financial markets as a guide for analysing trend direction, identifying support and resistance […]
The forex market operates 24/5, given the global nature of the market. The operations form a continuous cycle across time zones, starting with the Sydney session […]
Balance of Trade is an important economic indicator, closely monitored by traders because it can impact the forex, stock and commodities markets. It is calculated by […]