Currency codes
There are a lot of currencies in use in the world today, and many of them are traded in the forex market. Given how cumbersome writing the…
Understanding Central Banks
Everybody, establishments, or institutions have to earn money by engaging in different activities such as the offering of goods and services. This is the norm, but there…
Interest Rates and the Forex Market
A lot of factors determine the strength of a nation’s currency. While some affect its purchasing power directly others may affect it indirectly. Interest rates belong to…
MetaQuotes Software Corporation and the MQL5 Market
The MetaQuotes Software Corporation created its trading platforms (MT4 & MT5) to support the use of third party programs coded in the platforms’ language for different purposes….
AUDUSD Analysis Review
This post is a review of the AUDUSD analysis posted on May 7, 2020. The review is aimed at examining the different happenings in the market after…
AUDUSD Analysis – May 7, 2020.
Thoughts Yesterday on the 6th of May, 2020, I released an analysis advising that traders sell the AUDUSD pair due to the formation of a mini double…
Countries and Their Currencies
If you have ever wondered what currency some three-letter code stood for while going through the market watch on your trading terminal, then you are in the…
AUDUSD Analysis Review
This post is a review of the AUDUSD analysis posted on May 6, 2020. The review is aimed at examining the different happenings in the market after…
AUDUSD Analysis – May 6, 2020.
This is an analysis of the AUDUSD pair examining a possible trading opportunity. Traders are always advised to exercise restraint and caution while trading as it can…
Types of Orders in Forex
In forex, the relationship between the trader, the broker, and the interbank market is shown below. With the internet being the medium, there must be a way…
Top Forex Brokers 2020
Forex brokers are the bridge between the retail forex traders and the forex market. They usually provide the trader access to the forex market alongside other things…
Best STP Forex Brokers
Trading with the best brokers in forex is important. This is because trading with a poor broker can lead to losses as a result of slippage, requotes,…