Three years ago, when I started working on a Renko candles trading strategy, I tested almost every Renko builder available in Python. And honestly?None of them were efficient enough. They were either too slow, inaccurate in live markets, or unreliable for serious backtesting. That’s when I decided to build something better — something that could […]
Forex Trading Strategies are structured methods traders use to decide when to buy or sell currency pairs in the forex market. These strategies rely on price behavior, market structure, risk management, and timing rules. A clear trading strategy helps reduce emotional decisions and improves consistency. In simple terms, Forex Trading Strategies provide a repeatable plan […]
Forex Basics for Beginners explains how the foreign exchange market works, how currencies are traded, and what key terms like pips, lot size, leverage, and margin mean. Forex trading involves buying one currency while selling another to profit from price changes. This guide gives you a structured, risk-aware foundation so you can understand how the […]
The spread in forex is the difference between the bid price (sell price) and the ask price (buy price) of a currency pair. It represents the cost you pay to open a trade. In simple terms, when you trade forex, the broker earns through the spread. If EUR/USD shows 1.1000 (bid) and 1.1002 (ask), the […]
Lot size in forex refers to the standardized quantity of currency units used to measure trade volume in the foreign exchange market. It determines position exposure, margin requirement, and risk sensitivity to price movement, directly influencing how volatility, liquidity conditions, and leverage affect trading outcomes. What Is Lot Size in Forex? A lot size represents […]
A pip in forex is the standard unit used to measure price movement between two currency exchange rates. In most currency pairs, one pip equals 0.0001 (the fourth decimal place). Traders use pips to calculate profit, loss, spreads, and risk exposure in every forex trade. QUICK FACT SUMMARY DEEP EXPLANATION Why the Forex Market Uses […]
What is Major Minor Exotic Currency Pairs? Major, minor, and exotic currency pairs classify currency pairs in Forex based on liquidity, trading volume, and global economic importance. Understanding major minor exotic currency pairs helps traders select instruments aligned with volatility tolerance, spread costs, and trading strategy efficiency within currency pairs in forex markets. QUICK FACT […]
What is Currency Pairs in Forex? Currency Pairs represent the quotation of one currency against another in the foreign exchange market. In Forex trading, currencies are always traded in pairs because traders simultaneously buy one currency while selling another, allowing exchange rate movements to create trading opportunities. QUICK FACT SUMMARY Learn Forex Basics for Beginners […]
How the Forex Market Works refers to the global process where currencies are exchanged through decentralized financial networks. Prices move based on supply and demand driven by banks, institutions, governments, and traders. Currency values fluctuate continuously as participants buy one currency while simultaneously selling another. To succeed in forex trading, you need practice and years […]
Forex trading is the process of buying and selling currencies to profit from changes in exchange rates. It operates in a global decentralized market and runs 24 hours a day, five days a week. Traders speculate on currency pairs such as EUR/USD or USD/JPY using brokers and trading platforms. This guide explains how forex trading […]
