Category Archives: Forex Blog
6 MINS READ
Emotional intelligence is not just a buzzword - it's a crucial skill that can make or break a forex trader's success. But what exactly does it mean? Well, in simple terms, emotional intelligence involves being able to identify and c...
6 MINS READ
Is forex gambling? It's a question that's been asked time and time again and one that doesn't have a straightforward answer. Some argue that FX trading and gambling are two sides of the same coin, while others maintain that it's ...
8 MINS READ
The recent banking crisis in the United States and Europe has raised concerns about the stability of the global financial market. Strong shockwaves are rippling through the financial market, with two of the largest banking failures in US history and ...
9 MINS READ
Silicon Valley Bank (SVB) and Signature Bank's failure marked a significant period of banking failure in U.S. history. Globally, many financial market investors are beginning to withdraw their investments, and Credit Suisse is at the forefront of...
7 MINS READ
As traders, we constantly need to keep an eye on the market's ever-changing conditions to make informed trading decisions. Unfortunately, it's not always easy to discern how the market is feeling or where it's heading. That's whe...
6 MINS READ
Support and resistance trading is an easy concept and experienced traders have been relying on this tool for years to determine market direction, track entry positions, and establish profit and loss exit points. So what's support and resista...
8 MINS READ
Signature Bank, a New York financial institution popular among real estate and crypto businesses, abruptly shut down its operations on March 12th, 2023. According to New York regulators, this move was essential to protect the stability of the f...
7 MINS READ
BRICS is an association of the world's five largest developing economies: Brazil, Russia, India, China, and South Africa. These countries have a combined GDP of almost 25 trillion USD and about 41% of the world's population. Since its establi...
8 MINS READ
Picture this: you're a forex trader with a rock-solid trading plan. You know when to enter and exit trades, and you have a well-defined risk management strategy. However, in your eagerness to increase your profits, you start taking too many ...
8 MINS READ
In June 2022, Russian President Vladimir Putin announced the mini-lateral member states' plan for a new reserve currency at the BRICS Economic Conference. This currency is expected to compete with the International Monetary Fund's Specia...
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