Forex
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Analysis of financial markets
10 July 2023 , Abe Cofnas
Understanding the Financial market requires familiarity with the types of assets; we should know about the active companies and types of everyday market transactions. However, understanding the forces affecting the market and the factors affecting asset prices is necessary, as well as price forecasting methods, successful trading, and investment in the market are possible. To […]
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How to Buy and Sell in Forex Market?
10 July 2023 , Abe Cofnas
The forex market is similar to any other market; you buy a currency pair (parity), then sell them more expensive after its price rise, and after that, you buy it cheaper after the currency pair you sell falls to make a profit. Forex transactions are spot transactions; they are not for futures. There is no […]
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Forex Forecasts
8 July 2023 , Abe Cofnas
FX, or foreign exchange, with over 5 trillion-dollar worth of currency traded daily, is the most traded market in the world. Central banks and corporations make up the vast majority of daily forex trading. The only thing driving prices in the Forex is supply and demand, and what influences them both is sentiment. Many things […]
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CFD trades
8 July 2023 , Abe Cofnas
To be a successful trade, you need a strategy, and strategies determine your return. There are different strategies on the market, each of which is designed for a particular situation. Some strategies are designed for professional traders, and you need to spend more time trading on the market to master those strategies. One of these […]
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Can a Forex Broker Buy and Sell Instead of Me?
6 July 2023 , Abe Cofnas
A broker is an intermediary between buyers and sellers to buy and sell a security, commodity, or other financial instrument. The broker receives commissions for executing trades and earning trade price differences. In financial markets, brokers make it easy for investors to access the market and manage their investments. But does it mean they can […]
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How to Get Started with Forex in 10 Steps?
6 July 2023 , Abe Cofnas
You need to start in the forex market, which always attracts attention with its advantages. So how will you do this? If you want to evaluate your savings through forex, the first step should be to get an education. Another important step is to get a head start on the market. However, it is a […]
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Trading strategies
28 June 2023 , Abe Cofnas
Trading comes with many risks, no matter what type of market you are investing in, cryptocurrencies, stock markets, or foreign exchange. So, it is wise to use strategies to reduce risk. One of the best ways to reduce risks in the foreign exchange market is to pick up a trading strategy. There are many Trading […]
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Trading platforms
28 June 2023 , Abe Cofnas
Table of Contents Trading platforms are bridges connecting you to one or more financial markets. These platforms are the kind of software systems provided to users by plenty of authorities such as banks, financial institutions, brokers and exchanges, and even fintech companies and financial software developers. Each trading platform has various features, advantages, and disadvantages […]
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What are Forex Order Types
27 June 2023 , Abe Cofnas
In this part of our training, we will learn what the orders used in Forex literature mean and how we can use them correctly following trading strategies. Before explaining the features of Order Types, I would like to draw your attention to two essential points that should be known. First, all the Order Types we […]
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Which forex broker has the lowest spread
26 June 2023 , Abe Cofnas
Forex brokers are competing to win more clients, and the best way is to offer the lowest spread in the market, as the spread is one of the most important factors to consider when choosing a Forex broker. However, if you call yourself a trader, you are familiar with the term and know how fierce […]
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