Forex Trading

hammer candlesticks stand out as a beacon of potential reversal. Imagine a scenario where a security’s price has been on a downward spiral, but then, within the same trading period, it drops significantly from the opening only to rally back, closing near where it started. This creates a visual akin to a hammer, with a […]

Support and resistance levels are fundamental concepts in technical analysis, providing traders with crucial insights into potential price reversals. Mastering these levels can enhance decision-making and improve trading strategies. What is Support? Imagine a market in decline, where the price of an asset seems to be falling indefinitely. Suddenly, it hits a price point where

In this article, we will explore the Best USA-regulated Forex Brokers for retail traders. We’ll delve into a comprehensive analysis of minimum deposit requirements, trading fees, and the accessibility of customer support. We’ll compare the variety of trading instruments available across these brokers, from forex and CFDs to futures and indices. Additionally, we’ll evaluate the

The forex trading landscape in South Africa has experienced unprecedented growth in recent years. Social media platforms are buzzing with success stories of self-made traders, while financial influencers attract followers with promises of life-changing profits. However, the allure of quick wealth has also drawn unscrupulous actors to the industry, preying on uninformed investors. Recognizing the

Forex trading has grown in popularity in South Africa due to its flexibility and profit potential. However, many traders overlook a crucial aspect of trading—taxation. Understanding how forex trading profits are taxed is vital for compliance with South African law and for proper financial planning. In this blog, we will explore how forex traders are

The best forex broker in South Africa is ICMarkets emerged as a leading choice. With an impressive Trustpilot rating of 4.8 stars based on over 38,531 reviews, IC Markets stands out among its competitors. This high level of customer satisfaction reflects their commitment to providing an exceptional trading experience. Here’s why: ICMarkets: The Clear Leader in Trust and Performance

Probabilistic Principles of Trading: Embracing the Uncertainty In financial trading, uncertainty is the only constant. It’s a realm where probabilities reign supreme, and the sooner we accept this, the more effective our trading strategies become. Mark Douglas, a renowned trading psychologist, laid down the foundational principles that every trader should internalize. These principles remind us

Forex trading can be like a big game where you buy and sell different types of money to make more money. But to play this game well, you need a good “playing board” or platform. In this article, we’ll explore the best forex trading platforms and explain why they are great. 1. cTrader: The Perfect

What is the Stock Market? The stock market is a collection of markets where stocks (shares of ownership in publicly held companies) are bought and sold. These transactions occur on formal exchanges, such as the New York Stock Exchange (NYSE) or NASDAQ, and over-the-counter (OTC) markets. The stock market is crucial for the economy as