What is a reversal in forex? Key Takeaways. A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa….
Trading
If you are keen to start forex trading, you can open an account with IG. Regulated by the Monetary Authority of Singapore (MAS), IG is one of the…
Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is…
Forex traders do not need to have a lot of capital to trade due to being able to trade on margin. The average Forex broker requires at least…
Is forex trading legal in the Philippines? FOREIGN EXCHANGE TRADING IS ILLEGAL IN THE PHILIPPINES. The public is hereby advised to STOP engaging in Foreign Exchange Trading and…
How can I improve my forex trading skills? The Most Essential Forex Trading Skills and How to Improve Them Trading Other Time Frames. Consider Trading Other Pairs. Be…
How much can a forex trader make a day? Even so, with a decent win rate and risk/reward ratio, a dedicated forex day trader with a decent strategy…
The forex market is the most accessible financial market in the world. You can start trading with an initial investment as low as $50. For example, if your…
How can I take profit in forex? This is a type of pending order that is placed to close a profitable position once the market reaches a specific…
How do you trade oil? They are traded on futures exchanges, and are the most commonly used method of buying and selling oil. While oil importers and exporters…