What is a swap? In Forex, when a trader keeps a position open through the end of the trading day, he/she will either be charged or paid interest on that position, depending on the underlying interest rates of the two currencies in the particular pair….

If you were to inquire about a group of profitable investors/traders what the top secret behind their success is, chances are that you will listen to the word “consistency” more than once. Sadly, attaining consistency is easier said than done. But by setting trading rules…

Before deciding to trade indices it is important to understand what the Index is. The index is just a collection of the number of stocks which are combined to get a general idea of how the sector or industry is doing. The index is mostly…

EAs works 24 hours on daily basis: We all know that a trader can not work 24 hours a day as he needs sound sleep on daily basis. Lack of sleep can affect their overall health and make them liable to face serious medical conditions,…

Q- What is the economic calendar and why do we use it in Forex trading? A- Economic calendar is one of the best tools to use in Forex trading. In simple words, it tells us the relevant events which are happening across the globe and…

Q- What do we mean by “bid/ask” and “spread”? A- The price that the seller is offering for the particular currency at a particular time is called bid. It is always a little bit lower than the market price. In the currency pair, the Forex…

TREND IS YOUR FRIEND “The trend is your friend” is a very well known and very useful trading advice. A swing trader or a day trader everyone needs a trend. 95% of the job should be to recognize the trend you trade and align yourself…

Trend Line is a very much well-known tool in technical analysis for both confirmation and trend identification. In order words, a trend line can help traders identify selling and buying opportunities that exist within a strong trend. It is a straight line that connects at...

Question: What is Forex? The simplest meaning of Forex (Currency exchange or Foreign Exchange) is simultaneous buy and sell of the currency or the interchange of one country’s currency for the one of another country. The world currencies do not have a stable exchange rate…

Q- What do we mean by “bid/ask” and “spread”? A- The price that the seller is offering for the particular currency at particular time is called bid. It is always little bit lower than the market price. In the currency pair, the Forex bid price…