Most of us trading in the forex market know that transactions happen over the counter, but generally we are so ….
Category: Education
If you are new to Forex, Beginner, Intermediate or even Professional Traders, Prof Fx Education section is the right place to stop. Learn forex trading with our free online forex education guide and tips.
How Do Liquidity Providers Make Money and Are They Market Makers?
I’ve already talked about the difference of the true and false or fake ECN/STP brokers. Make sure not to miss ….
How to Identify True vs. Fake ECN/STP Brokers
Since many people trade online, traders have continuously expanded their knowledge and expertise. Years ago, many traders would have struggled ….
How CPI Data Drives Currency Prices and Shapes Your Trades
In the world of forex trading, understanding economic indicators is crucial for making informed decisions. One of the most significant ….
How GDP Data Influences Forex Trading?
Gross Domestic Product (GDP) is one of the most critical economic indicators in the forex market. For forex traders, understanding ….
Deliberate Practice in Trading
“You just need more chart time“. I hear this advice all the time. My take on this? Yes and no. ….
Guide to Forex Price Action and Trendline Analysis for Beginners
Understanding Price Action and Its Role in Forex Trading Technical analysis involves interpreting the price chart to make informed trading ….
What Are Safe-Haven Assets? Your Go-To Guide for Trading Safely in Volatile Markets
In the unpredictable world of financial markets, safe-haven assets serve as a shield against economic turbulence. These assets are the ….
LIBOR and Its Importance in Forex Market
The financial markets are overflowing with jargons and acronyms and certain times you might feel overwhelmed by the steady flow ….
How to Trade Double Top Pattern in Forex Trading
Mastering the double top pattern can significantly enhance a trader’s technical analysis toolbox. This versatile pattern is widely applicable, whether ….
Pennant Patterns: Mastering Bearish & Bullish Pennants
Pennant patterns are powerful continuation signals in the forex market, often leveraged by traders to anticipate potential price movements. While ….
4 take profit exit strategies to make you a better trader
Every day, you spend hours looking for the best setups. Analysing the markets, looking for price action patterns, cross-checking fundamental ….
Fighting a continuous market bias
After using a trading journal for a while, I noticed something remarkable. For one specific reversal strategy I trade, around ….
Mastering the Exponential Moving Average (EMA): Explained
What is Exponential Moving Average (EMA)? The Exponential Moving Average (EMA) is a refined version of the Simple Moving Average ….
5 critical reasons why most traders lose money
“Why do I keep losing money?” This question used to keep me up at night. Have you ever wondered this ….
How to improve your forex skills on weekends
I have a confession to make. I’m completely addicted to trading. I just love the charts. Regardless if I’m winning ….
Battle Forex FOMO, the fear of missing out
FOMO – Fear Of Missing Out. (Go straight to the 5-step battle plan) Wikipedia says that FOMO is “a pervasive ….
What is the MACD Indicator is and How it Works in Forex?
What is MACD? The Moving Average Convergence Divergence (MACD) is a technical indicator used to analyze the relationship between exponential moving ….
Using Moving Average 200 Period to Conquer Forex Market
What is a 200 Day Moving Average? The 200-day moving average (MA) is a technical indicator that helps traders identify ….
Polish Zloty (PLN) – Forex Trading
The Polish zloty (PLN) is considered to be an exotic currency in the Forex market. Poland is the world’s twentieth ….
Czech Koruna in Foreign Exchange Market
The Czech koruna (CZK) is considered to be an exotic currency in the Forex market. The Czech Republic is the ….