What Is the Elliott Wave Theory? The Elliott Wave theory is a theory in technical analysis used to describe price movements in…
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Investing vs. Trading: 3 Key Differences
Investing vs. trading is an essential conversation for everyone who wants to understand the financial markets. Although both terms are…
Continue ReadingHow do Forex Brokers make money?
Forex brokers charge fees in one form or another, and each trade carries a commission. Traders cannot ignore these costs…
Continue ReadingHow to Calculate Forex Drawdown?
The foreign exchange market comprises a multitude of factors that demand careful consideration. In a world where more than 6.6…
Continue ReadingWhy do trading patterns work?
A trading pattern is a price movement pattern in a certain range. Generally, there are 2 types of patterns: candlesticks (shooting star, hammer, bullish or bearish…
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