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Currency pairs are traded in “lots”, which represent the amount of the currency pair that you are buying or selling. The three most common types of lots are the standard, the mini and the micro. ...

Leverage in forex is like a “loan” that the broker gives the trader so that the trader has more capital to trade with than what they initially deposited. It’s represented in the form of a ratio. Some ...

Forex (or FX) stands for Foreign Exchange, which is the “place” where currencies are traded. In this market, exchanging one currency for another is called currency trading, which is always done in ...

When trading, it’s not unusual for traders who are starting out to get confused between their balance and their equity. While they can sometimes reflect the same amount, balance and equity refer to...

We’ve covered uptrend, so it’s only natural that we discuss its polar opposite: the downtrend! A downtrend is a series of successively lower tops and lower bottoms, which create a downward pattern...

Now that we know what Buy Stop and Buy Limit orders are, it’s time to find out about the pending order that combines the two. This is called the “Buy Stop Limit” and at the time of making this video, ...