forex chart

Experts do say that losing your money is part of learning forex trading. Of course, we do not want to agree with that but it does seem it is a bitter truth. One goal we have in all kinds of businesses is to make profits by all means. Forex is no exception. It is an online business and it even...

One of the most volatile pairs in forex trading is the XAUUSD (GOLD/US DOLLAR). It is the fastest way to make money and it is also the fastest way for the reverse; losses. That is why it is important to know how to calculate the number of pips. Knowing how to calculate the number of pips will...

Have you heard of a ranging market? Experts will warn you to stay clear of a ranging market while some will tell you that you profit from trading a ranging market. I guess it all boils down to your decision and intuition. As a forex trader with little experience, I have tried to learn how to...

Getting the right entry is the dream and prayer of all forex or crypto traders. It is not an easy thing to spot a good trade that will make profits. A trader may spend hours looking at the charts and will not see a profitable entry that meets all his conditions. However, this makes it almost...

With over 6 months of experience in forex trading, I still have many fears. These fears have undoubtedly me hampered from making anything meaningful and I have been experiencing losses over time. Below is a list of what I feared the most in trading forex and I wish you put an end to it to...

They say traders should not be greedy after accumulating profits. Yes, there will always be money in the market as long as the forex market is still open. However, each time I place a trade, I am always missing out because I think the market will reverse in the opposite direction. And 96 percent...

As a forex trader, there is a common app used by brokers to trade. It is the MetaTrader. The meta trader is of two types; Metatrader four and meta trader five. I have been using both as not all of the brokers are using both meta traders. Still, I prefer using one of the meta traders for trading...

What Is Forex Chart? A chart in Forex is a visualization of the bid and ask price movements of the currency pairs and is represented in lines, columns, or in any other form. These price movements can be expressed in different time frames: minutes, hours, days, months, even years. Currency...