Month: July 2023
Market participants: Bulls and Bears
In this article, we will discuss Market participants: Bulls and Bears. The purpose of brokers is to facilitate the trade of the traders. After you open a trading account, the broker gives you the right to execute trade/ transactions, which includes certain rights and privileges, including the right to be a bull or a bear. The…
Read MoreDifferent Forex sessions and their impacts
In this article, we will discuss different Forex sessions and their impacts. As we know the Forex market operates 24 hours a day, five days a week, because it is a decentralized market. But that doesn’t mean it’s always volatile the entire day. This section will help you to determine when the best times of the…
Read MoreHow to trade on Forex?
Before you jump into Forex trading, it is very essential to gather knowledge of all technical terms and be aware of all the interfaces used for trading. In this topic, we will understand the basics of the Forex market which helps us to understand how to trade on Forex. To understand the Forex market, we…
Read MoreDifferent lot sizes and calculation of values against lot size
In the Forex market, pips and lot sizes are important concepts used to calculate profits, losses, and position sizes. Let me explain each term and how they are calculated: Lot Size: A lot refers to the standardized trading size in Forex. Different lot sizes are used to determine the position size and the value of…
Read MorePips and calculation of pips
In Forex trading pips are the smallest unit of measurement and are used to measure the change in price between two currencies. The “pip” stands for “price interest point.” It is a standardized unit of measurement that represents the smallest price movement in the exchange rate of a currency pair. Pips are used to calculate…
Read MoreWhat is Spreads
Understanding spreads is essential for traders as it directly impacts their profitability. Lower spreads can enhance trading performance. Spreads in currency pairs refer to the difference between the bid price and the ask price of a currency pair in the Forex market. The spread is typically quoted in pips (You will learn about pips right…
Read MoreBid and Ask price
When you trade in Forex, there are two prices are seen against the single pair. One is the bid price and another is the asking price. Don’t be confused, let me elaborate on the easy way. The bid price in a currency pair represents the highest price that a buyer is willing to pay for…
Read MoreCurrency pairs
A currency pair is a quotation of the relative value of one currency unit against another currency unit in the foreign exchange market (Forex). It represents the exchange rate between two currencies and is used to facilitate currency trading. Currencies are always traded in pairs when we trade in Forex. The first currency of the…
Read MoreLeverage and Margin
In Forex trading, leverage and margin are important concepts that relate to the amount of capital required and the potential for amplifying gains or losses. It’s important to know that different brokers may have varying leverage and margin requirements. Here’s a description of each: Leverage:- Leverage is a financial tool that allows traders to control…
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