Blog
30 September 2024
Mastering Fibonacci Retracements: Techniques and Applications
Blog
24 July 2024
What Is Vertical and Horizontal Diversification?
Blog
21 February 2024
Reversals in Trading: How to Detect Them?
Education
10 January 2024
What Is a Stochastic Oscillator?
Blog
6 December 2023
How to Use Relative Strength Index
AI Hub
21 November 2023
What Is the Influence of the Fibonacci Sequence on Forex Trading?
The Fibonacci sequence is a set of numbers that have been used in many different fields, from mathematics to art. In the financial world, the Fibonacci sequence is widely used in Forex trading as a tool for predicting market movements. The sequence was discovered by Italian mathematician Leonardo Fibonacci in the 13th century and is based on a simple mathematical pattern. In this article, we will discuss how the Fibonacci sequence can be used to help traders identify potential entry and exit points when trading currencies. The Fibonacci sequence is a series of numbers that starts with 0 and 1 and then continues with each number being the sum of the two preceding numbers. This means that after 0 and 1, the next number in the sequence would be 1...
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Blog
17 November 2023
Managing Multiple Open Positions: How to Do It Right
Blog
12 October 2023
What Are the Overbought and Oversold Markets?
Education
5 June 2023
Why Should You Use Indicators for Trading?
AI Hub
13 May 2023
What is the functionality of leverage in the Forex market?
Leverage is a financial tool used in the Forex market to increase the potential returns on an investment. Leverage allows traders to control larger positions with a smaller amount of capital, thereby magnifying potential gains and losses. Leverage is typically expressed as a ratio, such as 50:1 or 200:1, where the first number indicates the maximum multiple of your capital that can be used when trading. In order to understand how leverage works in Forex trading, it’s important to first understand what leverage is and how it works. In simple terms, leverage is borrowed money that enables traders to control larger positions than they would otherwise be able to with their own capital alone. For example, if you have $10,000 in your trading account and use 100:1 leverage (or 1%...