Exploring the Most Volatile Currency Pairs in Forex
Exploring the Most Volatile Currency Pairs in Forex
The path to success in forex trading demands consistency, boundless patience, and a keen understanding of the complexities of the market. Traders can always count on True Forex Funds regarding educational topics.  Above all, the critical decision of selecting the right currency pairs to trade is the cornerstone upon which your forex empire will be...
October 30, 2023 6 min read
What Are Candlestick Patterns and How to Read Them?
What Are Candlestick Patterns and How to Read Them?
Forex traders use candlestick patterns as one of the most popular tools for analyzing markets.Since they provide a visual representation of price movement, forex traders will find it easier to identify trends and make informed trading decisions. What are Candlestick Patterns? Candlestick patterns are the analytical framework that combines multiple individual candlesticks to form recognizable...
October 28, 2023 3 min read
What is A Candlestick?
What is A Candlestick?
Understanding candlestick patterns is a vital aspect of your forex trading journey. It plays a significant role in determining your ability to analyze the market and long-term success. But, let’s take a step back for a moment. What is a candlestick in forex trading and what does it mean? What is A Candlestick in Forex...
October 11, 2023 3 min read
5 Essential Forex Hedging Strategies You Need to Know
5 Essential Forex Hedging Strategies You Need to Know
One of the most successful forex traders of all time, George Soros, said: “It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.” In his philosophy, risk management is one of the most important principles that regulate your success in forex...
September 21, 2023 7 min read
Mastering Key Economies in Forex Trading: The United States
Mastering Key Economies in Forex Trading: The United States
Aside from covering trading basics, developing a strong understanding of specific markets is crucial for forex experts. The US economy, as a major player, significantly influences forex trading due to the value of the US dollar. Therefore, it’s essential to comprehend why the US economy matters and its impacts. Know how to assess its health...
September 14, 2023 11 min read
Understanding Spreads in Forex Trading
Understanding Spreads in Forex Trading
Spreads are indeed important for traders to consider when participating in forex trading. It is a cost incurred from every transaction made. Spreads represent the difference between the buying price and the selling price. In this article, we delve into the realm of forex trading spreads, vital for traders to comprehend as a transaction cost,...
September 5, 2023 10 min read
News Trading: The Mechanics and Psychology Behind
News Trading: The Mechanics and Psychology Behind
To make it as a successful trader, you must know how to trade the news. The macroeconomic data that constitute the bulk of news trades are the main drivers of price action because they mould the sentiment of the big money in the market. The resultant price moves may carry on for a considerable length...
September 1, 2023 15 min read
An Introduction to Currency Pairs and Other Trading Instruments
An Introduction to Currency Pairs and Other Trading Instruments
This article is designed to demystify the basic concepts of currency pairs in the forex market. By the end, you will have gained a firm grasp of how to buy and sell these pairs through True Forex Funds. You’ll learn to differentiate between major, minor, and exotic currency pairs, and get a glimpse into other...
August 23, 2023 15 min read
Bull flag vs. bear flag – how to trade them
Bull flag vs. bear flag – how to trade them
One of the methods of technical analysis that traders use to aim to secure profitable trades is chart patterns. The flag pattern is a chart pattern that occurs very often and delivers a high degree of accuracy. In this article, you will learn all you require to use the flag pattern profitably as you aim...
August 9, 2023 10 min read