All novice traders are in search of the perfect strategy: simple, win-win, and not requiring a large initial investment. Some end up with the Martingale strategy, which is what we will talk about today. Is it as simple as it looks? Is it profitable for beginners or is bankruptcy more likely? Is it even worth applying it to the forex market?

All traders on the forex market want to be successful. But how is this financial success evaluated? In most cases, we compare the size of incurred losses with the return value. However, this indicator by itself cannot be sufficient motivation. In case of a series of losing trades, we run the risk of falling into one of the psychological traps.

The Moving Average is undoubtedly one of the most popular indicators. However, its wide popularity is not based on nothing. It is a simple but at the same time a powerful trend indicator. It clearly shows which way the price is trending, how clear the trend is, and when the reversal occurs. Today we will look at how to set up the Moving Average, how to use it, and what strategies can be implemented using this indicator.

After Facebook renamed itself Meta Platforms, no one is lazy enough to talk about metaverses. Even though the field has been developing for years, a combination of factors such as a pandemic, technological base development, support from major players, and interest from celebrities can give this industry a boost. Which companies might be the most attractive for investment thanks to the development of metaverse?

Cryptocurrencies such as Bitcoin, Ethereum, and Ripple have already taken their place in the online investment sphere today, with billions of dollars in transactions every day. Most traders prefer to trade in pairs involving some cryptocurrency and the U.S. dollar. Other traders exchange one cryptocurrency for another. Either way, the main goal is to take advantage of constant changes in cryptocurrency rates.

Lately, forex trading with the use of fundamental analysis tools has significantly lost its effectiveness, so the increasing popularity of technical analysis tools. Exactly the analysis is the number one method of studying the situation on the market, and the data obtained are used to make forecasts. Tools for technical analysis are all that help to carry out its implementation. It includes indicators and oscillators, price patterns, as well as the key levels of support and resistance.

Most traders and investors are often confronted with such a purely market concept as "volatility". This term is used to analyze price movements as well as to characterize the trading instruments themselves in any financial market. Below you will learn what is the volatility of currency pairs - the concept, definition, characteristics, and how to use it when making trading decisions. What is the volatility of currency pairs? Volatility is a statistical financial index that describes the amplitude of price movements of a single trading instrument.

The Wolfe Wave pattern is a trading method, which was originally invented by Bill Wolfe and is described in detail and clearly in his book. Wolfe's method, of course, was developed specifically for the stock market of those years, but now you can see his markup on currency pairs and other instruments as well. Thus we can safely say that Wolfe waves can be applied boldly to the forex market.

Trading volume is the main measurable indicator in determining price levels in the market. The trading volume increases at the highest activity and can influence the price trend, either strengthening it or changing its direction. Actually, the main reason for studying this indicator is an objective analysis of the market situation at the moment. Most traders prefer the Market Facilitation Index (MFI) indicator, as it perfectly copes with the above tasks. Let's take a closer look at the functionality, setup, and application of this tool.

The forex market, like other financial markets, has its nature. The use of trend lines, horizontal levels, and candlestick patterns are the basis of price movement analysis, but they are often not enough to find good signals to open trades, especially during a flat. Every kind of asset, whether it is a stock, a bond, or, in our case, a currency, moves in different ways.