Singapore Forex Trading Guides

The best time to trade forex in Singapore is between 9 and 12 PM in the evening, as the London and New York markets overlap, creating the best trading conditions.

A pip is a unit of measure used for tracking small price movements on the forex market. In technical terms, it equals one hundredth (1/100) of one percent.

Before diving into the Forex market, it's essential to understand the basic concepts and terminology. Forex trading involves buying one currency while selling anothe...

Forex, or foreign exchange, is any activity that involves swapping one currency for another. It has existed since the invention of money, facilitating foreign trade and s...

Despite operating in the same market and observing the same rules – forex traders often use very different approaches.

A currency pair represents the value of one currency relative to another. Because currencies express relative value, they trade in pairs. This ratio represents the price ...

Fundamental analysis is an attempt to understand the foreign exchange market by examining the events that affect the economies of different countries. These events range ...

Technical analysis attempts to evaluate and identify trading opportunities by analyzing data from trading activity, such as price movement and volume. Unlike fundamental ...

Trading forex is possible even with modest amounts such as $100. The success of such an endeavor will depend on planning and discipline, as well as on setting goals.

Price action in forex is a technique of analyzing the forex market that studies the movement of currency prices without using any tool. Instead, price action leans on the...

Making money trading forex is possible, but that doesn’t mean it is for everyone. Few individuals are naturally gifted at it, and for others, it often takes years o...

Size matters, especially in trading. Both forex winnings and loses depend on lot size used.

The best news sources for a forex trader are probably Bloomberg and Reuters. These established media portals provide comprehensive updates on fundamental news that drives...

A forex trading robot, also known as an Expert Advisor (EA), is an algorithmically driven trading system designed to execute orders on behalf of the trader on the forex m...

Margin in forex trading refers to the possibility of borrowing money to allow traders to control larger positions than their actual account balance.

Not every actor on the forex market is honest - learn how to recognize and avoid most common broker scams.

Hedging in forex trading is a strategy used to protect against adverse movements in the foreign exchange market. By taking a position opposite of the existing position, a...

Leverage is the ability to control larger positions with a relatively small amount of capital on the forex market. It is one of the key concepts in forex that allows trad...

Contracts for Difference (CFDs) are financial derivatives that allow traders to speculate on the direction of an asset's movement without owning it. Essentially, a C...

Non-farm payroll, or NFP, is a key economic indicator representing the total number of paid U.S. workers, excluding those employed in farming, private households, non-pro...

Macroeconomic news is the primary driver behind the foreign exchange markets. Currency prices constantly shift, sometimes influenced by the money supply, such as central ...

Slippage refers to the difference between the anticipated price of trade execution and the actual price at which the trade is executed. Meanwhile, gaps are discontinuitie...

Forex indicators are among the most misunderstood tools in finance. For many traders who plunge headfirst into this world, they represent an unavoidable concept akin to a...

The Forex economic calendar shows the upcoming fundamental news releases that could influence currency prices. It is structured to provide clear and timely information ab...

Short selling, or simply “shorting,” is a strategy that involves betting on falling prices of an asset.

A Pip is the is the smallest price movement a currency pair can make, typically measured in the fourth decimal place for most currency pairs.

Commodity currencies are currencies issued by countries rich in natural resources. These countries have significant production of raw materials such as oil, minerals or a...

Forex volume refers to the total number of transactions or the amount of a currency traded over a specific period.

Fractals are a series of five consecutive price bars or candlesticks traders use to identify potential market reversals.

Forex pair correlation refers to a relationship between certain currency pairs. When traders know how currency pairs move in relation to each other, it is easier to ...

Forex scalping is a short-term trading tactic focusing on taking advantage of small price movements in the foreign exchange market.

Forex scalping is a specialized trading strategy based on high-frequency trading and taking advantage of small price movements in the foreign exchange market.