In the Forex market, traders buy and sell currency pairs to make money. By using technical analysis, traders can speculate whether they will go long or short on a currency pair. Before we talk about technical analysis and strategies, we need to lay some ground
As retail traders, we need to understand how currencies are organized and under what regime governments and authorities manage them.
Our goal is to make money trading the forex market, therefore, selecting the best currency pairs to trade is vital to our success in this business.
A Brokerage Firm (or Broker) is a firm that acts as a middleman between buyers and sellers in order to facilitate a financial transaction.
Brokers typically receive a compensation by means of a commission (also known as spread) once the transaction is completed. The spread is