Forex Basics - CrackingFX

Forex Trading Platforms

ByFeranmi Omokayode July 22, 2020September 6, 2020

The forex market is by far the largest financial market in the world, and to participate in it as a speculator (retail forex trader), you need a…

Forex Basics

Forex Signals

ByFeranmi Omokayode July 22, 2020September 6, 2020

Forex signals are trade directions provided ideally by a skilled and profitable trader to other traders who have not quite attained the same level of mastery but…

Forex Basics

Types of Orders in Forex

ByFeranmi Omokayode July 22, 2020September 6, 2020

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…

Forex Basics

What is Leverage?

ByFeranmi Omokayode July 22, 2020September 7, 2020

The usage of leverage exponentially multiplies the return on investment as it does the risk. Therefore, you must exercise caution when using it. Its use cuts across…

Forex Basics

ByFeranmi Omokayode July 22, 2020September 8, 2020

Trading forex requires an understanding of forex basics. The basics of forex include concepts such as that of quotes, spread, lots, and pip. In order to be…

Forex Basics

Introduction to Forex

ByFeranmi Omokayode July 22, 2020September 8, 2020

The forex market is undisputedly the largest financial market in the world. And it has a daily trading volume in excess of USD4 trillion…

Forex Basics | Technical Analysis

Types of Forex Charts

ByFeranmi Omokayode July 22, 2020September 8, 2020

In the forex market, historical price data are visualized as charts. These different types of forex charts are essential to forex trading as they are the means…

Forex Basics | Technical Analysis

Forex Chart Patterns

ByFeranmi Omokayode July 22, 2020September 8, 2020

In forex trading, technical analysis is reliant on the fact that history tends to repeat itself. The way to recognize these repetitions is through forex chart patterns…

Forex Basics

What is Scalping?

ByFeranmi Omokayode July 22, 2020September 20, 2020

Forex trading requires the deployment of different strategies. These strategies fall into different categories as they are used by different types of traders. These different traders have…

Forex Basics

Forex Trading Sessions.

ByFeranmi Omokayode July 22, 2020September 20, 2020

The forex market is a global market that is traded round the clock from Monday to Friday. The market although traded all-day varies in volume traded as…

Forex Basics | Technical Analysis

What is Technical Analysis?

ByFeranmi Omokayode July 22, 2020September 13, 2020

Technical analysis refers to the means of evaluating and predicting forex market movements using historical price data and market statistics. It is based on a couple of…

Forex Basics

What is Sentimental Analysis?

ByFeranmi Omokayode July 22, 2020September 7, 2020

Sentimental analysis in forex refers to identifying how traders trading the forex market feel about a particular instrument. Other types of analysis in forex trading are technical…