If you’ve ever asked yourself how to trade forex but felt overwhelmed by charts, jargon, or fast-moving markets -- you’re not alone.

Understanding Forex Terminology: The Key to Success in Forex Trading Mastering forex terminology is crucial for success in trading currencies. It enhances skills, prevents mistakes and reduces risks.

Forex is also known as Foreign Exchange where every businessman will know about this trading process. They are also known as FX or currency trading. It is one of the decentralized markets.

Forex technical analysis is the method of evaluating currency price movements and trends using historical data, charts, and indicators to forecast future market behavior. Technical analysis in ...

Learn how to interpret candlesticks Pips on forex charts Pips on forex charts are also knows as ‘ticks’ – they’re the smallest possible change in price movement of a currency pair. Pip stands for ...

Learn how to interpret candlesticks Pips on forex CFD charts Pips on forex CFD charts are also knows as ‘ticks’ – they’re the smallest possible change in price movement of a currency pair. Pip stands ...

Most forex trading platforms provide different types of forex trading charts for clients who have accounts with them, along with other technical indicators like moving averages, relative strength ...

Forex charts may use line, bar, or candlestick chart types. The charting software can be used for any time frame, allowing for charting of the tick data, the yearly data, and any period in between.

Looking at the chart above we find that a bar represents a period of time; in this case each bar represents one day or 24 hours (remember currency markets are open 24 hours a day, seven days a week).