This should be one of the first things you need to learn how to do. In summary, the prices in the Forex market move up, down or sideways.

Hi Fxterrapin, You are correct for the daily time frame. On the intraday time frames the long-term trend lines would be considered secondary, or intermediate-term on the daily. Similiarly a long-term ...

If the currency rate later moves to 1.50 to 1, you can sell those euros for $1,500, generating a profit of $100. The forex market runs 24 hours a day during the week, making it a very liquid market.

How Does Forex Trading Work? Every day, foreign currencies go up and down in value relative to one another. As with anything that changes value, traders can profit from these movements.

Example of leverage in forex trading Let’s say you choose to trade GBP/USD using the aforementioned leverage ratio of 20:1. This means you can hold a position worth S$20,000 with S$1,000 of your own ...

For those up to date on the stock market’s activity, these picks are likely unsurprising, as many contenders in these industries saw immense growth in 2021. Metaverse-intensive Nvidia Corp.

How Market's Move If there was only one tool I could use as a trader it would be the trend line. Time and time again I see markets confirm or reverse their current trend by way of a trend line test or ...

If the currency rate later moves to 1.50 to 1, you can sell those euros for $1,500, generating a profit of $100. The forex market runs 24 hours a day during the week, making it a very liquid market.

The forex market runs 24 hours a day during the week, making it a very liquid market. What surprises many investors is the size of the forex market, which is actually the largest financial market on ...