Introduction Forex trading, the exchange of currencies in the global financial market, attracts millions of traders worldwide. Its high liquidity and accessibility make it an appealing investment avenue. However, the legal status of forex trading… Read More »Is Forex Trading Legal? Understanding Global Regulations
An STP (Straight Through Processing) account 1:5000 leverage broker in forex trading allows traders to access the market with minimal intervention from brokers. Unlike dealing desk models, where brokers may take the opposite side of… Read More »What Is an STP Account in Forex Trading?
Understanding Deviation in Forex Trading Definition of Deviation In forex, deviation represents the difference between an asset’s actual price movement and its anticipated trajectory based on historical data or technical indicators. Traders analyze these price… Read More »What Is Deviation in Forex Trading?
What is the Railroad Tracks Candlestick Pattern? The railroad candlestick pattern is a two-bar formation that signals a potential trend reversal in Forex trading. It consists of two consecutive candlesticks of similar size but opposite… Read More »Railroad Candlestick Pattern Strategy in Forex Trading
What is the Wick Fill Strategy? The wick fill strategy is a technical approach in forex trading that focuses on the behavior of candlestick wicks, particularly how price moves back to fill these wicks after… Read More »Using Wick Fill Strategy in Forex Trading