Forex

What is Support Resistance? How to Identify and Trade Support Resistance

Support resistance is a crucial key in trading. Most trading strategies incorporate some form of support-resistance (S/R) analysis. Support-resistance tends to form around key areas where the price has frequently approached and then bounced back. The ability to accurately draw support-resistance levels is one of the most fundamental skills every price action trader must have. […]

Spot Market Classification, Risk Management When Trading In Spot Market

Continuing the series of articles about What is Spot Market is this article about market classification. In this article, Finance Solutes will help you better understand the types of spot markets from the classification of spot markets and how to manage risks when trading in the spot market. 1. OVERVIEW OF SPOT MARKET The spot […]

What is Forex Account Burning? Simple Ways to Put Out a Fire

Sure! Here’s the translation while keeping the original format: You’ve probably heard about many people blowing their forex accounts. Have you ever experienced this yourself? In fact, statistics show that up to 95% of investors lose money when they first start trading forex, and most traders have “tasted the burn” of blowing their accounts at […]

Types of Orders in Forex [FULLEST]

There are many different types of orders in Forex that traders use to manage their trades while participating in the foreign exchange market. Although there are differences between brokers, there are some basic types of orders that all brokers use. Knowing what these orders are and understanding them can help traders enter or exit the […]

What is Forexfactory? How To Read Forexfactory Most Accurately

ForexFactory (FF) is a tool that’s all too familiar to investors in Forex 101 trading. This is because it’s a website that provides incredibly valuable and useful information for making trading strategy decisions. Moreover, it’s also a place you’ll find yourself visiting thousands of times if you decide to pursue the “trader” path. However, for […]

How to Buy and Sell Forex: How to Short Sell Currencies Short Selling

Historically, short selling has been used in commodity markets under negotiated contracts. In reality, in financial markets, forex short selling has expanded to almost every financial instrument. It is most common in the forex market, where traders use short selling to hedge currency risk — or more simply, to profit from predictive analysis. This article […]