Mastering Forex: Comprehensive Trading Guides

Learn how Forex Trading work with our essential guide. Understand the terminology with examples and learn how to make a successful first trade.

Online forex trading platforms enable traders to conveniently speculate in the most liquid market in the world. Learn how to place your first trade step-by-step on either a demo or live account.

Over the last two decades, the explosion of online Forex (FX) and contract for difference (CFD) trading has attracted millions of traders with its low cost of entry, high leverage, convenient mobile access, and tempting bonuses and promotions. According to the Bank for International Settlements, “trading in OTC FX markets reached $7.5 trillion per day in April 2022,” making it the largest financial market in the world. But in the 2000s, when online Forex trading was in its infancy, regulators had only just started to take an interest in how Forex brokers operated.

The "Economic Calendar" provides traders with real-time information on important national and international events and news releases that may impact the financial markets, helping them anticipate high-impact events and manage their risk exposure accordingly.

Get introduced to the concept of a pip as a fundamental unit of measurement in Forex trading, crucial for understanding price fluctuations and trade profitability.

CFDs allow traders to speculate on short-term price movements in a wide variety of financial assets without owning the assets.

We give you the essential Forex analysis tools ranging from trend and market analysis to technical and sentiment analysis

A trading platform is a software application or online interface which links traders to various financial markets via a broker, allowing them to trade Forex, stocks, bonds, mutual funds, futures, options and other financial instruments and CFDs. 

The spread determines your trading cost and ultimately also determines your profitability. Understanding spreads is key to trading successfully.

Negative balance protection means that you can’t lose more money than you have in your trading account. But why is it important?

Grasp the concept of leverage in Forex trading, a tool that allows traders to magnify their initial capital, enhancing potential profits while also increasing potential risks.

The best time to trade Forex in the UK is generally between 12:00 (midday) and 17:00. Between 08:00 and 09:00/10:00 is a good time to catch important economic news releases, which can greatly impact the exchange rates. During these hours, the Tokyo session overlaps the London session, and a few hours later, the London session overlaps the U.S. session.

Forex trading is not easy and the right steps need to be taken in order to achieve consistent profitability. New Forex traders are especially prone to making unnecessary mistakes.

Day trading is suitable for forex traders that have enough time throughout the day to analyze, execute and monitor a trade but don't hold their trades overnight. This video covers the five rules of day trading and how you can find a broker to suit your day trading needs. Simply put, all you need to know to seize the day!

A pip is the price move in a given exchange rate. Understanding pips is fundamental to calculating your profit and loss, and when to enter and exit a trade. In this video, we cover what a pip is and how pips are used.

Candlestick patterns are vital tools in technical analysis, providing detailed information about market sentiment within specific time frames. 

In this episode, Alison and Chris talk you through Scalping as a trading strategy. What is it? How does it work? 6 important rules to stick to if you want to scalp successfully, and how to pick the right broker if this is the trading strategy for you.

Scalping, a rapid trading strategy, focuses on leveraging minute currency fluctuations. To excel, traders must be adept at monitoring spreads, choosing liquid currency pairs, and strategizing around major session openings. Incorporating tools and partnering with a scalping-friendly broker can further optimize outcomes.

Candlestick charts are a popular tool used in technical analysis to depict the price movements of financial assets. Traders and analysts use candlestick charts to identify patterns, trends, and potential reversals in price, providing valuable insights for making informed trading decisions.

Understanding how to use timeframes correctly is essential for all Forex traders. Which timeframes are best for your trading style? And how do you use multiple timeframe analysis to reduce your risk and make better trading decisions?

Learn about the various costs associated with Forex trading, including spreads, commissions, and other fees, helping traders make informed decisions and optimize their trading strategies.

MetaTrader 4, also known as MT4, is a proprietary standalone trading platform designed for trading and analyzing the financial markets.  While it’s most frequently connected with Forex trading it can be used to trade other asset classes. 

Gain insights into formulating a structured trading plan, emphasizing trader profiles, goal-setting, and risk management for consistent Forex success.

Learn about the relationship between the Euro and the US Dollar, exploring the history, trends, and trading strategies associated with EUR/USD.

What is the impact of the U.S. Non-Farm Payroll (NFP) report on the Forex market and its role in driving trading volatility and strategies?

Online forex trading platforms enable traders to conveniently speculate in the most liquid market in the world. Learn how to place your first trade step-by-step on either a demo or live account.

Use the CCI to identify Forex trading opportunities and navigate market breakouts.

One of America's most significant economic announcements, explaining its impact on the Forex market and providing strategies for traders to capitalize on the volatility it introduces

The Fade a move strategy is an unorthodox way of trading against the prevailing trend of the market.

A Fakeout is a breakout of an important technical level that fails to continue in the expected direction of the breakout. 

A gap is when a currency pair opens the day (or any other time unit measurement) above or below the previous closing price. Usually, gaps happen over the weekend, at the opening of the new trading week, and occurs when the Monday opening price is significantly different than Friday's closing price.

Momentum measures the rate of change in closing prices for a currency pair, a stock or commodity. It is often used to detect weakness or inherent strength in a pair.

Scalping, a rapid trading strategy, focuses on leveraging minute currency fluctuations. To excel, traders must be adept at monitoring spreads, choosing liquid currency pairs, and strategizing around major session openings. Incorporating tools and partnering with a scalping-friendly broker can further optimize outcomes.

Double Tops and Double Bottoms are chart reversal patterns where a currency pair price hits two consecutive highs or lows, signaling a potential shift in market trend from bullish to bearish or vice versa.

Get insights into determining market trends, guiding traders on whether to buy or sell by analyzing high-level charts, price action, and the overall trajectory of the market.

A pivot point is a technical indicator used by traders in forex and other markets to identify potential turning points in trading trends.

Get into the technique of analyzing historical price movements to forecast future trading opportunities, emphasizing the significance of chart-based technical analysis in understanding market psychology.

The Elliott Wave Principle is a form of technical analysis that predicts future price movements by identifying recurring wave patterns in market trends and investor psychology. 

Multiple time frame analysis is a top-down approach to studying price action. Using Multiple Time Frame Analysis, we can detect and validate market trends and time when to enter a trade.

Historically, the gold price and AUD/USD have a strong correlation driven in large part by Australia being the world’s second-largest gold producing country after China.  This also explains the reason why the Aussie is known as a "commodity currency".

Double-tops are powerful chart patterns that help traders identify buy and sell signals, and where to place stop-losses and take-profits.

Pending orders are useful execution methods that allow traders to set parameters and enter or exit trades when certain conditions are met.

As traders, we always look for trading opportunities, which are usually more abundant in volatile or quickly moving markets. Gapping markets often present very good trading opportunities, depending on the gap type.

We give you the essential Forex analysis tools ranging from trend and market analysis to technical and sentiment analysis

Candlestick patterns are vital tools in technical analysis, providing detailed information about market sentiment within specific time frames. 

Use the CCI to identify Forex trading opportunities and navigate market breakouts.

One of America's most significant economic announcements, explaining its impact on the Forex market and providing strategies for traders to capitalize on the volatility it introduces

A gap is when a currency pair opens the day (or any other time unit measurement) above or below the previous closing price. Usually, gaps happen over the weekend, at the opening of the new trading week, and occurs when the Monday opening price is significantly different than Friday's closing price.

Momentum measures the rate of change in closing prices for a currency pair, a stock or commodity. It is often used to detect weakness or inherent strength in a pair.

Double Tops and Double Bottoms are chart reversal patterns where a currency pair price hits two consecutive highs or lows, signaling a potential shift in market trend from bullish to bearish or vice versa.

The GBP is trading at a 6-month low against the USD and the EUR following the Bank of England’s decision to hold interest rates steady at 5.25% on Tuesday, 26th September.

Candlestick charts are a popular tool used in technical analysis to depict the price movements of financial assets. Traders and analysts use candlestick charts to identify patterns, trends, and potential reversals in price, providing valuable insights for making informed trading decisions.

Understanding how to use timeframes correctly is essential for all Forex traders. Which timeframes are best for your trading style? And how do you use multiple timeframe analysis to reduce your risk and make better trading decisions?

A pivot point is a technical indicator used by traders in forex and other markets to identify potential turning points in trading trends.

The Elliott Wave Principle is a form of technical analysis that predicts future price movements by identifying recurring wave patterns in market trends and investor psychology. 

Learn about the two primary methods of Forex trading analysis, highlighting their distinct approaches.

The main idea behind sentiment analysis is that you don't have to know the exact probability of a trade. All you need to know is if sentiment will be better or worse in the future, and base your trades on that assumption.

Get into the technique of analyzing historical price movements to forecast future trading opportunities, emphasizing the significance of chart-based technical analysis in understanding market psychology.

Professional traders read Forex charts in order to find price patterns and remove any guessing from predicting future market movements. 

Multiple time frame analysis is a top-down approach to studying price action. Using Multiple Time Frame Analysis, we can detect and validate market trends and time when to enter a trade.

Historically, the gold price and AUD/USD have a strong correlation driven in large part by Australia being the world’s second-largest gold producing country after China.  This also explains the reason why the Aussie is known as a "commodity currency".

Learn about the relationship between the Euro and the US Dollar, exploring the history, trends, and trading strategies associated with EUR/USD.

Double-tops are powerful chart patterns that help traders identify buy and sell signals, and where to place stop-losses and take-profits.

Pending orders are useful execution methods that allow traders to set parameters and enter or exit trades when certain conditions are met.

Bull flags are multi-candlestick patterns that occur frequently on the charts and have a high probability of success.

As traders, we always look for trading opportunities, which are usually more abundant in volatile or quickly moving markets. Gapping markets often present very good trading opportunities, depending on the gap type.

Learn about the various costs associated with Forex trading, including spreads, commissions, and other fees, helping traders make informed decisions and optimize their trading strategies.

Grasp the concept of leverage in Forex trading, a tool that allows traders to magnify their initial capital, enhancing potential profits while also increasing potential risks.

The spread determines your trading cost and ultimately also determines your profitability. Understanding spreads is key to trading successfully.

A pip is the price move in a given exchange rate. Understanding pips is fundamental to calculating your profit and loss, and when to enter and exit a trade. In this video, we cover what a pip is and how pips are used.

Get introduced to the concept of a pip as a fundamental unit of measurement in Forex trading, crucial for understanding price fluctuations and trade profitability.

Scalping, a rapid trading strategy, focuses on leveraging minute currency fluctuations. To excel, traders must be adept at monitoring spreads, choosing liquid currency pairs, and strategizing around major session openings. Incorporating tools and partnering with a scalping-friendly broker can further optimize outcomes.

A mechanical trend trading approach that capitalizes on the dominant market trend, utilizing tools like moving averages and Bollinger Bands to identify trading opportunities and time the market, aiming to buy low and sell high within the context of the prevailing trend.

A Fakeout is a breakout of an important technical level that fails to continue in the expected direction of the breakout. 

A gap is when a currency pair opens the day (or any other time unit measurement) above or below the previous closing price. Usually, gaps happen over the weekend, at the opening of the new trading week, and occurs when the Monday opening price is significantly different than Friday's closing price.

The Fade a move strategy is an unorthodox way of trading against the prevailing trend of the market.

We give you the essential Forex analysis tools ranging from trend and market analysis to technical and sentiment analysis

Used by institutional traders to exploit the predictable behavior of retail traders, offering insights into how stop hunting occurs and providing strategies for traders to potentially profit from these market maneuvers.

Learn how Forex Trading work with our essential guide. Understand the terminology with examples and learn how to make a successful first trade.

Get insights into determining market trends, guiding traders on whether to buy or sell by analyzing high-level charts, price action, and the overall trajectory of the market.

Online forex trading platforms enable traders to conveniently speculate in the most liquid market in the world. Learn how to place your first trade step-by-step on either a demo or live account.

This technique leverages the predictability of retail traders' behavior, particularly around double tops and double bottoms, to anticipate market movements and craft effective trading strategies in line with the actions of institutional traders.

Get into the technique of analyzing historical price movements to forecast future trading opportunities, emphasizing the significance of chart-based technical analysis in understanding market psychology.

As traders, we always look for trading opportunities, which are usually more abundant in volatile or quickly moving markets. Gapping markets often present very good trading opportunities, depending on the gap type.

Used by institutional traders to exploit the predictable behavior of retail traders, offering insights into how stop hunting occurs and providing strategies for traders to potentially profit from these market maneuvers.

Delve into the concept of open interest in trading, explaining its significance in analyzing market trends and providing strategies to leverage this data for more informed trading decisions.

A mechanical trend trading approach that capitalizes on the dominant market trend, utilizing tools like moving averages and Bollinger Bands to identify trading opportunities and time the market, aiming to buy low and sell high within the context of the prevailing trend.

This technique leverages the predictability of retail traders' behavior, particularly around double tops and double bottoms, to anticipate market movements and craft effective trading strategies in line with the actions of institutional traders.

The COT (Commitments of Traders) report provides insights into who is buying and selling different contracts and in what volumes. The report is issued every Friday by the CFTC and split into several sections.

Bull flags are multi-candlestick patterns that occur frequently on the charts and have a high probability of success.