For high-impact news, try sources like Bloomberg, Reuters, and CNBC. These platforms provide timely, in-depth financial updates and analysis that...
It's unlikely that forex trading will diminish in the future. As global markets continue to grow, forex remains essential for international trade...
For high-impact news, consider sources like Bloomberg, Reuters, and CNBC for real-time updates. Economic calendars from websites like...
The future of Forex trading will likely be dominated by AI-driven algorithms, enhancing automation and precision. Cryptocurrencies may play a...
1) The wider spread on IC Markets could be due to liquidity issues or market conditions at the time, even during US market hours. Consider other...
While the USD's global dominance may face challenges, particularly with inflationary pressures, it's unlikely to be fully replaced by Bitcoin in...
Yes, you're correct. In a 2T (2-tick) chart, each candlestick represents two price points. For a green candle, the first tick (left side) is lower...
1) The major exchange for EUR/USD is the London Forex market, as it handles the highest volume. For reliable data, you can use sources like...
Support and resistance levels are crucial in technical trading as they help identify key price points where trends may reverse or consolidate....
Yes, there are MT4 indicators that can plot Fibonacci levels based on the high and low of previous weeks. You can search for "Multi-week...
1) The major exchange for EUR/USD is the spot market, primarily traded on NASDAQ and CME. 2) Brokers with low commissions on MT4 include IC...
For reliable Price Action learning, I recommend resources like "Naked Forex" by Alex Nekritin and Walter Peters, as well as the "Price Action...
Treating Forex like a business means adopting a disciplined, strategic approach. Set clear goals, create a trading plan with risk management...
Many people come to Forex trading looking for the ultimate lifestyle of wealth and freedom. Whilst this level is by no means unattainable it is...
Hi Himanshu, for forex management services, it's crucial to do thorough research and select a reputable firm with a strong track record. Look for...
While lower barriers to entry have made Forex accessible to many, most traders lose money due to lack of experience, poor risk management, and...
A key addition would be lack of a trading plan. Many traders fail because they enter the market without a clear strategy, relying on impulse or...
Patience is key in Forex trading, as success requires time to adapt and understand market dynamics. Waiting for the right setup allows you to...
For high-leverage trades, platforms like cTrader and NinjaTrader offer advanced features and tighter spreads. However, many brokers offering...
High leverage can amplify profits, but it also significantly increases risk. While it’s possible to achieve a good profit ratio using high...
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