Month: February 2019

Heikin Ashi

Heikin Ashi

Heikin ashi is a form of candle stick chart and was created by the Japanese’s. Heikin ashi means “ average bar when translated from Japanese to English, this perfectly describes what the chart represents. Heikin ashi follows the same design and appearance of a standard candle stick chart, but it is better at showing trends […]

What is OHLC

What is OHLC

OHLC stands for open, high, low close. It is an abbreviation that represents the changes that occur on an asset over time. The changes can be large or small, but at the end of the time period, the OHLC changes. In markets, the OHLC level fluctuates drastically depending on trading activity. This could be due […]

Majors and Crosses

Majors and Crosses

Majors Majors are any currency pair that contain the US Dollar (USD), for example: EUR/USD GBP/USD AUD/USD ETC The position of the USD doesn’t matter. Due to socially accepted naming conventions the order of the currencies matters. USD/JPY USD/CHF USD/CAD ETC Crosses In short, a-cross is any currency pair that doesn’t contain the USD. Seeing […]

Short selling (forex market)

Short selling (forex market)

Short selling is the process of selling an asset the trader doesn’t own so that they can buy them back at a cheaper rate and keep the profit. This is a called a bearish trade in the forex market, due to the trader profiting off decreasing assets. The trader approaches the broker and borrows assets […]

Bulls vs Bear markets (forex market)

Bulls vs Bear markets (forex market)

Bears and bulls were literally once fierce opponents when it was popular to put them into an arena to fight one another. Matches using bulls and bears took place in the Elizabethan era in London and were also a popular spectator sport in ancient Rome. “Bulls make money, bears make money, pigs get slaughtered” is […]

Types of forex analysis (overview)

Types of forex analysis (overview)

Fundamental This type of analysis is based on the perception that real-world information has not been reflected in the market price. Traders that use this type of analyze use this information to try to take advantage of the market impleading movement. Fundamental analysis trader uses sources like the news, global economic climate, global trades, macro economics, […]

Asking and biding prices

Asking and biding prices

Whenever you want to buy a currency there is a “we buy price” and a “we sell” price. Every forex currency pair has two prices and any assets from the stock market will have two prices. The price you can buy the assets for and the price you can sell the assets for. This Is […]

Good financial habits (Consistency)

Good financial habits (Consistency)

Creating a habit is the key to ensuring your financial success. No world class athlete woke up one morning and realized they had extortionary talents. They worked hard and installed habits to allow them to become the stars they are today. These skill can be transferred to you financial goals. In this article we have […]

Low risk investing tip (E1)

Low risk investing tip (E1)

In this series, we are going to teach you some low risk investing/trading. Remember that all investing comes with associated risk, and you should aim to lower the risk. If you are a new investor than lowering your risk is key to get you out of the 90 90 90. If you don’t know what […]

What type of forex trader are you?

What type of forex trader are you?

Scalpers A Scalper is the type of trader that aims to make 5 – 15 pips per trade. They mainly have a trade duration of seconds to minutes. This means they tend to use 1 or 5-minute graph.  Depending on the type of broker a scalper is using, the high volume of buying and selling […]