Become a Professional Forex Trader: Uncover the Secrets
Do you want to learn how to trade forex like a professional? Trading foreign currencies can be a lucrative endeavor, but it's important to understand the basics before you start. In this article, we will answer some common questions about trading forex and provide some tips on how to get started. So whether you're just getting started or you're looking for ways to improve your trading skills, read on for advice and tips from the pros!
Top Volume Profile Setups on the Forex Charts of the Day
In this article, we're going to provide you with a full guide on Forex Charts of the Day: Top Volume Profile Set-Ups. We'll answer some of the most common questions traders have about this subject, and offer some useful tips to help you get started. So whether you're a complete beginner or an experienced trader, read on for all the information you need to make successful trades using Forex Charts of the Day: Top Volume Profile Set-Ups
What is Volume Profile Set Ups?
There are several reasons why traders might choose to use volume profile setups in their trading. One of the most popular reasons is that it can help to identify potential reversals in the market. By looking at where the bulk of trading activity is taking place, traders can get a better idea of where prices are likely to find support or resistance. This information can then be used to make more informed decisions about....
Important Expressions and Terminology Every Forex Trader Should Be Aware Of
Making your first steps in Forex trading? Confused by all the foreign words and jargon used by experienced traders? This guide is for you! Here, we will explain some of the most common terms and phrases used in Forex trading, so that you can feel more confident about entering the market. We'll also give you a few tips on how to stay informed and up-to-date with the latest industry news. Thanks for reading - let's get started!
Currency Pair
Every currency trade involves two currencies, known as a currency pair. For example, if you are buying Euros using US dollars, the currency pair would be EUR/USD. The first currency in the pair is known as the base currency, while the second is known as the quote or counter currency. In most cases, the base currency is more valuable than the quote currency - this means that you will need to pay more for the quote currency to purchase one unit of the ...
