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 […]
Category: Forex for Beginners
Start your Forex journey with our Forex for Beginners section. Explore simple guides, trading tips, and basic strategies to help you understand Forex and trade with confidence
An order block is a price zone where large institutional orders previously entered the market, causing a strong move in price. Traders use order blocks to identify potential support or resistance areas where price may react again due to remaining liquidity and unfilled institutional positions. QUICK FACT SUMMARY DEEP EXPLANATION Market Logic Behind an Order […]
Beginners lose money in forex trading primarily due to poor risk management, unrealistic expectations, lack of statistical edge, and emotional decision-making. Most new traders misunderstand market randomness, overuse leverage, and follow untested strategies, which leads to consistent capital erosion rather than sustainable performance. QUICK FACT SUMMARY DEEP EXPLANATION The Market Is Not Designed for Beginners […]
A breakout happens when the price of a currency pair moves beyond a significant support or resistance level that has previously contained price action, and Breakout trading strategy in forex is trade based on them. In simple terms, the market ābreaks outā of a range, trendline, or pattern such as a triangle or flag and […]
Learning to read forex charts is one of the most important steps in becoming a confident trader. Charts are more than just colorful lines and candles , they are the visual language of the market.In this guide, youāll learn exactly how to understand, analyze, and act on what the charts are telling you even if […]
In financial markets, price corrections are a normal part of market movement. However, understanding whether the market is simply pausing or reversing direction is crucial for traders. As a financial risk manager, Iāve seen many traders misinterpret retracements as reversals or fail to identify genuine pullbacks. Letās break down these terms clearly and learn how […]
Why You Need to Understand Retracement Trading If you’re just starting out in forex trading, you’ve likely seen prices move in one direction only to suddenly reverseābefore continuing the original trend. That temporary reversal is called a retracement, also known as a pullback. Learning to recognize and trade these movements can give you a powerful […]
Why Breakout Trading Matters If you’re new to forex trading, you’ve likely heard the term “breakout” thrown aroundābut what does it really mean? More importantly, how can it help you make better trading decisions? In this beginner-friendly guide, I’ll walk you through everything you need to know about breakout trading, from the basics to advanced […]