Forex Education

Online forex trading platforms enable traders to conveniently speculate in the most liquid market in the world. Learn how to place your first trade step-by-step on either a demo or live account.

Learn how Forex Trading works with our essential guide for beginners. Understand the terms used by Forex traders and learn how to make a successful first trade.

An important aspect of a financial regulator’s duties is consumer protection, so regulators enhanced their monitoring of Forex and CFD brokers and have put safeguards in place to protect consumers.

Although the concept of leverage is relatively easy to grasp, it is very often misused. It is essential for beginners to understand how it increases their risk in Forex trading and how to use it responsibly.

A pip is the price move in a given exchange rate. Understanding pips is fundamental to calculating your profit and loss, and when to enter and exit a trade. In this video, we cover what a pip is and how pips are used.

Get introduced to the concept of a pip as a fundamental unit of measurement in Forex trading, crucial for understanding price fluctuations and trade profitability.

"Negative Balance Protection" delves into the risk management tool used by brokers to ensure that a trader's account balance never goes below zero, safeguarding traders from owing more than their initial deposit.

Scalping, a rapid trading strategy, focuses on leveraging minute currency fluctuations. To excel, traders must be adept at monitoring spreads, choosing liquid currency pairs, and strategizing around major session openings. Incorporating tools and partnering with a scalping-friendly broker can further optimize outcomes.

In this episode, Alison and Chris talk you through Scalping as a trading strategy. What is it? How does it work? 6 important rules to stick to if you want to scalp successfully, and how to pick the right broker if this is the trading strategy for you.

Learn about the various costs associated with Forex trading, including spreads, commissions, and other fees, helping traders make informed decisions and optimize their trading strategies.

Candlestick charts are a popular tool used in technical analysis to depict the price movements of financial assets. Traders and analysts use candlestick charts to identify patterns, trends, and potential reversals in price, providing valuable insights for making informed trading decisions.

Candlestick patterns are vital tools in technical analysis, providing detailed information about market sentiment within specific time frames. 

The spread determines your trading cost and ultimately also determines your profitability. Understanding spreads is key to trading successfully.

Day trading is suitable for forex traders that have enough time throughout the day to analyze, execute and monitor a trade but don't hold their trades overnight. This video covers the five rules of day trading and how you can find a broker to suit your day trading needs. Simply put, all you need to know to seize the day!

Understanding how to use timeframes correctly is essential for all Forex traders. Which timeframes are best for your trading style? And how do you use multiple timeframe analysis to reduce your risk and make better trading decisions?

With Forex trading, risk management is really important. In fact, your most important job as a trader is to manage and preserve your capital. The Forex market can often be unpredictable, and anything, from geopolitics, surprise news releases, and market sentiment can quickly move prices before you can react to these movements.

Forex analysis tools will help you make more informed trading decisions, which will ultimately improve your performance as a trader. These tools can be divided into four main categories: Trend Analysis, Market Analysis, Technical Analysis and Sentiment Analysis.

The "Economic Calendar" provides traders with real-time information on important national and international events and news releases that may impact the financial markets, helping them anticipate high-impact events and manage their risk exposure accordingly.

The Forex market can be traded 24/5, but the best market liquidity, volatility, and trading conditions are generally experienced during the crossover between the London and early US sessions.

A trading platform is a software application or online interface which links traders to various financial markets via a broker, allowing them to trade Forex, stocks, bonds, mutual funds, futures, options and other financial instruments and CFDs. 

Get into the technique of analyzing historical price movements to forecast future trading opportunities, emphasizing the significance of chart-based technical analysis in understanding market psychology.

Scalping, a rapid trading strategy, focuses on leveraging minute currency fluctuations. To excel, traders must be adept at monitoring spreads, choosing liquid currency pairs, and strategizing around major session openings. Incorporating tools and partnering with a scalping-friendly broker can further optimize outcomes.

Online forex trading platforms enable traders to conveniently speculate in the most liquid market in the world. Learn how to place your first trade step-by-step on either a demo or live account.

Get insights into determining market trends, guiding traders on whether to buy or sell by analyzing high-level charts, price action, and the overall trajectory of the market.

The Fade a move strategy is an unorthodox way of trading against the prevailing trend of the market.

A gap is when a currency pair opens the day (or any other time unit measurement) above or below the previous closing price. Usually, gaps happen over the weekend, at the opening of the new trading week, and occurs when the Monday opening price is significantly different than Friday's closing price.

A Fakeout is a breakout of an important technical level that fails to continue in the expected direction of the breakout. 

Double Tops and Double Bottoms are chart reversal patterns where a currency pair price hits two consecutive highs or lows, signaling a potential shift in market trend from bullish to bearish or vice versa. 

Dow Theory it is a set of general principles to help you act on different price action data in the market.

The Elliott Wave Principle is a form of technical analysis that predicts future price movements by identifying recurring wave patterns in market trends and investor psychology. 

A pivot point is a technical indicator used by traders in forex and other markets to identify potential turning points in trading trends.

Commodity Channel Index (CCI) Breakouts are a trading strategy that identifies when a currency pair's price moves beyond the +/- 100 range on the CCI indicator, signaling potential new trends or reversals.

Momentum measures the rate of change in closing prices for a currency pair, a stock or commodity. It is often used to detect weakness or inherent strength in a pair.

Dive into one of America's most significant economic announcements, learn about its impact on the Forex market and how to use strategies to capitalize on the volatility it introduces.

Pending orders are useful execution methods that allow traders to set parameters and enter or exit trades when certain conditions are met.

Double-tops are powerful chart patterns that help traders identify buy and sell signals, and where to place stop-losses and take-profits.

As traders, we always look for trading opportunities, which are usually more abundant in volatile or quickly moving markets. Gapping markets often present very good trading opportunities, depending on the gap type.

Candlestick charts are a popular tool used in technical analysis to depict the price movements of financial assets. Traders and analysts use candlestick charts to identify patterns, trends, and potential reversals in price, providing valuable insights for making informed trading decisions.

Candlestick patterns are vital tools in technical analysis, providing detailed information about market sentiment within specific time frames. 

Understanding how to use timeframes correctly is essential for all Forex traders. Which timeframes are best for your trading style? And how do you use multiple timeframe analysis to reduce your risk and make better trading decisions?

Here we at FxScouts delve into the two primary methods of Forex trading analysis, highlighting their distinct approaches and helping traders understand which technique aligns best with their preferences and strategies.

Double Tops and Double Bottoms are chart reversal patterns where a currency pair price hits two consecutive highs or lows, signaling a potential shift in market trend from bullish to bearish or vice versa. 

Forex analysis tools will help you make more informed trading decisions, which will ultimately improve your performance as a trader. These tools can be divided into four main categories: Trend Analysis, Market Analysis, Technical Analysis and Sentiment Analysis.

Dow Theory it is a set of general principles to help you act on different price action data in the market.

The Elliott Wave Principle is a form of technical analysis that predicts future price movements by identifying recurring wave patterns in market trends and investor psychology. 

A pivot point is a technical indicator used by traders in forex and other markets to identify potential turning points in trading trends.

Commodity Channel Index (CCI) Breakouts are a trading strategy that identifies when a currency pair's price moves beyond the +/- 100 range on the CCI indicator, signaling potential new trends or reversals.

Momentum measures the rate of change in closing prices for a currency pair, a stock or commodity. It is often used to detect weakness or inherent strength in a pair.

A gap is when a currency pair opens the day (or any other time unit measurement) above or below the previous closing price. Usually, gaps happen over the weekend, at the opening of the new trading week, and occurs when the Monday opening price is significantly different than Friday's closing price.

Pending orders are useful execution methods that allow traders to set parameters and enter or exit trades when certain conditions are met.

Double-tops are powerful chart patterns that help traders identify buy and sell signals, and where to place stop-losses and take-profits.

Bull flags are multi-candlestick patterns that occur frequently on the charts and have a high probability of success.

As traders, we always look for trading opportunities, which are usually more abundant in volatile or quickly moving markets. Gapping markets often present very good trading opportunities, depending on the gap type.

Get introduced to the concept of a pip as a fundamental unit of measurement in Forex trading, crucial for understanding price fluctuations and trade profitability.

A pip is the price move in a given exchange rate. Understanding pips is fundamental to calculating your profit and loss, and when to enter and exit a trade. In this video, we cover what a pip is and how pips are used.

Although the concept of leverage is relatively easy to grasp, it is very often misused. It is essential for beginners to understand how it increases their risk in Forex trading and how to use it responsibly.

Learn about the various costs associated with Forex trading, including spreads, commissions, and other fees, helping traders make informed decisions and optimize their trading strategies.

The spread determines your trading cost and ultimately also determines your profitability. Understanding spreads is key to trading successfully.

Learn how Forex Trading works with our essential guide for beginners. Understand the terms used by Forex traders and learn how to make a successful first trade.

Online forex trading platforms enable traders to conveniently speculate in the most liquid market in the world. Learn how to place your first trade step-by-step on either a demo or live account.

Scalping, a rapid trading strategy, focuses on leveraging minute currency fluctuations. To excel, traders must be adept at monitoring spreads, choosing liquid currency pairs, and strategizing around major session openings. Incorporating tools and partnering with a scalping-friendly broker can further optimize outcomes.

Get into the technique of analyzing historical price movements to forecast future trading opportunities, emphasizing the significance of chart-based technical analysis in understanding market psychology.

Get insights into determining market trends, guiding traders on whether to buy or sell by analyzing high-level charts, price action, and the overall trajectory of the market.

The Fade a move strategy is an unorthodox way of trading against the prevailing trend of the market.

A gap is when a currency pair opens the day (or any other time unit measurement) above or below the previous closing price. Usually, gaps happen over the weekend, at the opening of the new trading week, and occurs when the Monday opening price is significantly different than Friday's closing price.

A Fakeout is a breakout of an important technical level that fails to continue in the expected direction of the breakout. 

Delve into the concept of open interest in trading, explaining its significance in analyzing market trends and providing strategies to leverage this data for more informed trading decisions.

Used by institutional traders to exploit the predictable behavior of retail traders, offering insights into how stop hunting occurs and providing strategies for traders to potentially profit from these market maneuvers.

This technique leverages the predictability of retail traders' behavior, particularly around double tops and double bottoms, to anticipate market movements and craft effective trading strategies in line with the actions of institutional traders

A mechanical trend trading approach that capitalizes on the dominant market trend, utilizing tools like moving averages and Bollinger Bands to identify trading opportunities and time the market, aiming to buy low and sell high within the context of the prevailing trend.

Forex analysis tools will help you make more informed trading decisions, which will ultimately improve your performance as a trader. These tools can be divided into four main categories: Trend Analysis, Market Analysis, Technical Analysis and Sentiment Analysis.

Delve into the concept of open interest in trading, explaining its significance in analyzing market trends and providing strategies to leverage this data for more informed trading decisions.

Used by institutional traders to exploit the predictable behavior of retail traders, offering insights into how stop hunting occurs and providing strategies for traders to potentially profit from these market maneuvers.

This technique leverages the predictability of retail traders' behavior, particularly around double tops and double bottoms, to anticipate market movements and craft effective trading strategies in line with the actions of institutional traders

A mechanical trend trading approach that capitalizes on the dominant market trend, utilizing tools like moving averages and Bollinger Bands to identify trading opportunities and time the market, aiming to buy low and sell high within the context of the prevailing trend.

Bull flags are multi-candlestick patterns that occur frequently on the charts and have a high probability of success.