What is Forex?

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What is Forex – Explanation. So what is Forex anyway? The foreign exchange, or its commonly used Abbreviation – Forex, is used to describe currencies trading activity by investors and by speculators.The participants of this huge decentralized market are the largest … Continue reading

What is a Candlestick Chart and How To Read It?

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Candlestick chart is a graphical representation of an asset, or if we are talking about Forex, of a currency pair. In Meta Trader 4, which is the most popular Forex trading platform, a trader can use 3 different options for reading … Continue reading

What is a Short Position?

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Short Position – Explanation Now It is time to learn what is a short position, after you already learned about a Long Position. A Short Position is actually the opposite of a Long Position. When you approach your trading platform, and after … Continue reading

What is a Long Position?

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Long position – Explanation So what is Long position? A term that you probably hear all the time among traders.. A Long Position is the opposite of a Short Position. When you approach your trading platform, and after you decide which … Continue reading

About Japanese Candlestick Charts

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Candlestick Charts – Explanation This article briefly describes what are Japanese candlestick charts. I will tell you about its origin, and what are its main advantages. Reading candlestick chart will give you a better understanding before starting to use this useful, and very essential … Continue reading

What is Lot in Forex?

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Understanding what is Lot in Forex Learning what is lot in Forex is one of the first and basic things you should before thinking about starting to trade. When approaching your trading platform, there are 2 critical decisions you need to … Continue reading

What are Bid and Ask?

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What Are Bid and Ask Prices – Explanation Before you start trading on real market conditions, it is time to understand what are Bid and Ask prices in Forex. This is one of the very basic concepts you just have … Continue reading

What is Pip in Forex?

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Pip in Forex – Explanation Before you start trading Forex you must understand what a pip in Forex is, as this is the reference for calculating your profits or losses. Pip in Forex stand for percentage in point. This is usually … Continue reading

Spread in Forex – What is it?

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Spread in Forex – Explanation In this article i will explain what is the Spread in Forex. When you approach your trading platform, you can see two prices for any given currency pair. One of them is the buying price, … Continue reading