Blog
30 August 2024
Hammer (Pin Bar) Candlestick Pattern: 3 Beginner Strategies to Define Entry Points
Blog
1 March 2024
Price Movement: What Is It? How to Predict It?
Education
24 January 2024
Market Correction in Forex: How to Identify It?
Education
23 October 2023
How to Use the ATR (Average True Range) Indicator?
Blog
28 July 2023
Best Assets to Trade for Beginners
Education
26 July 2023
Continuation Patterns. Flags and Pennants
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Blog
21 July 2023
Continuation Patterns. Triangles
Education
19 May 2023
How to Use the Moving Average Indicator?
AI Hub
29 April 2023
Which currency is typically listed first in Forex symbols?
The currency that is typically listed first in Forex symbols is the base currency. The base currency is the first currency listed in a Forex pair and it is the one against which all other currencies are measured. For example, when trading EUR/USD, the Euro (EUR) is the base currency and the US Dollar (USD) is the quote or counter currency. In this example, if you were to buy 1 Euro for $1.10, you would be buying 1 EUR for 1.10 USD; conversely, if you were to sell 1 Euro for $1.10, you would be selling 1 EUR for 1.10 USD. This means that when trading a Forex pair such as EUR/USD, it’s important to remember that each pip of movement in price represents a gain or loss of 10...
AI Hub
18 April 2023
How can i configure Renko pip values in the Forex market
Renko charts are a type of charting tool used by traders to help them identify trends in the Forex market. Renko charts are created by plotting price movements in a certain number of pips (or points) and then connecting those points with lines. The advantage of using Renko charts is that they provide a visual representation of price movements, which can be easier to interpret than traditional candlestick or bar charts. In this article, we will discuss how to configure Renko pip values in the Forex market. What is a Pip? A pip is the smallest unit of price movement for any currency pair. It is typically equal to 0.0001 for most currency pairs, but it can vary depending on the pair being traded and the broker you use. For...
