In the dynamic world of forex trading. Understanding the concept of support and resistance is crucial for navigating the ever-changing market landscape. These levels act as pivotal points where the price of a currency pair encounters potential barriers. Either halting…
Did you know that risking just 3% of your capital per trade could be the difference between success and failure in forex trading? Indeed, the 3-5-7 rule has emerged as one of the most effective forex trading rules for managing risk…
Introduction to risk management in forex As an experienced trader, I understand the importance of risk management in the ever-changing landscape of the forex market. Navigating the turbulent waters of currency trading requires a solid grasp of risk management strategies,…
Top prop firms are offering unprecedented funding opportunities in 2025, with firms like FTMO providing up to $400,000 and My Forex Funds extending their funding to $600,000. These numbers represent significant profitable trading methods opportunities for traders willing to prove their skills.…
Candlestick patterns trace their roots to Japanese rice trader Munehisa Homma from the 1700s. These powerful technical analysis tools have guided traders to identify potential market movements for more than a century. Some patterns prove remarkably accurate with 82% success rates…
The forex market’s daily trading volume of $7.5 trillion makes it the largest financial market in the world, with forex trading pairs at the center of this massive ecosystem. Whether you’re just starting out or you’re a seasoned trader, choosing the right…
Did you know that a single market manipulation event – the 2010 Flash Crash – wiped out nearly $1 trillion in market value? Stop loss hunting, a manipulative strategy used by large market participants, creates significant volatility by triggering multiple stop-loss orders…
Here’s a startling fact: More than 70% of retail investor accounts lose money when trading CFDs. Forex trading basics might look simple at first glance, but becoming skilled at trading in this decentralized global market needs more than simple knowledge. The foreign…
7 Essential Forex Trading Habits: What Top 1% Traders Do Differently Despite the abundance of trading tips available online, only a small percentage of traders actually focus on developing the habits that lead to consistent profits. Rather than trading a wide…