Introduction Following the euphoria of the 2017 crypto bull run, the cryptocurrency market experienced a brutal downturn in 2018, often referred to as the "Crypto Winter." This dramatic market correction…
Introduction The foreign exchange market, or forex, is highly sensitive to geopolitical events. Political tensions, wars, elections, and other events can cause significant fluctuations in exchange rates, creating both opportunities…
Carry trade is a popular forex trading strategy that involves borrowing a currency with a low-interest rate and using the proceeds to invest in a currency with a higher interest…
Understanding currency correlations in forex trading is essential for traders to manage risk and diversify their portfolios. In this in-depth guide, we will explore the concept of currency correlations, the…
Risk management is a crucial aspect of forex trading, as it helps traders protect their capital and minimize potential losses. In this article, we will discuss the importance of risk…
6.1 Understanding risk-reward ratio The risk-reward ratio is a measure of the potential profit of a trade relative to the potential loss. A favorable risk-reward ratio (e.g., 1:2 or higher)…
