News Order

Order Book Forex Free: A Guide to Understanding Forex Trading

5 min read

Order book forex is an invaluable tool for traders looking to gain an edge in the market. It provides an in-depth look at price movements and order placements in the forex market. By monitoring price movements and order flow, traders can identify trends and potential entry and exit points. With order book forex, traders can also gain insight into market sentiment, which can provide valuable information on how to position trades and how to gauge potential price movements. Order book forex can be accessed for free by signing up for a free demo account with a regulated forex broker. With this account, traders will have access to live order book data.

Ratio

Golden Ratio” in Forex Trading: A Useful Guide

5 min read

The golden ratio forex strategy is a popular trading technique used by experienced traders to predict market movements. It is based on the Fibonacci sequence, which involves identifying clusters of price fluctuations and measuring them according to the ratio of the two outermost points. The golden ratio is based on the assumption that markets often move in predictable patterns and that those patterns can be exploited by traders. The goal is to make profitable trades by understanding the underlying trends in the market and predicting how those trends will develop. Experienced traders of forex typically employ the golden ratio when trading to gain an extra edge in the markets.

Market

When Does the Stock Market Open? – Jam-Packed Forex Trading Guide

1 min read

The forex market is open 24 hours a day, five days a week. Trading hours for the major currency pairs, such as the EUR/USD, GBP/USD, USD/JPY, and USD/CHF are all continuous from Sunday 5pm EST to Friday 4pm EST. However, the stock market is only open during trading hours from Monday to Friday, from 9:30am ET to 4:00pm ET. During these hours, stock market participants trade securities on major U.S. exchanges, such as the NYSE and NASDAQ. During non-trading hours, stock market prices are based on operations conducted through electronic communication networks (ECN).

Financial

What is a Financial Statement? | A Guide to Forex Trading

4 min read

A financial statement in forex is an organized collection of data outlining a business’s financial position. It usually includes balance sheets, income statements, cash flow statements, and sometimes more detailed information such as footnotes and explanations of business activities. Financial statements serve as a basis for investors, creditors, and financial analysts to assess the financial health of a business. They are also useful tools to help forex traders make decisions, as well as guide them in their trading endeavors.