One of the most interesting questions that people ask is, “Is Forex a pyramid scheme?” While it’s easy to see how one could make that argument, given that there are so many different ways to trade forex, the answer is quite simple: no, forex trading is not a pyramid scheme. In this guide, we will …
When it comes to Forex trading, there are a lot of different strategies that people use in order to try and make money. Some people focus on long-term investments, while others prefer to trade in a more short-term fashion. Some traders focus on one particular currency pair, while others may trade multiple pairs. And still, …
How Are Spinning Top Candlestick Patterns Traded Read More »
Forex trading is the act of buying or selling currencies. Participating in the forex market is done through a broker. There are two ways to make money in forex: trading on your own or investing in a managed fund. This guide will focus on how to trade forex diamond patterns. What are diamond patterns in …
If you’re new to Forex trading, you may have heard the term “pip” thrown around, but you may not be sure what it means. A pip is a unit of measurement used in Forex trading to indicate the change in price between two currencies. This article will explain what pips are and how they are …
Spot trading is one of the most common types of forex trading. It refers to purchasing and selling a currency pair at the current market price. This type of trading is popular because it offers immediate results and allows traders to take advantage of changing market conditions. In this article, we will discuss spot trading …
If you are looking for a simple but effective Forex trading strategy, you may consider using the break and retest strategy. This strategy is based on the belief that when prices break out of a certain level, they will usually retest that level before continuing in the direction of the breakout. This guide will show …
In the forex market, a triple bottom is a bullish reversal pattern that consists of three consecutive lows followed by a breakout above the resistance of the neckline. The triple bottom formation is considered to be one of the most reliable reversal patterns, as it provides evidence of strong buying pressure after three failed attempts …
Technical analysis is the study of past market data to identify trends and predict future price movements. One tool that technical analysts use is called candlestick charting. Candlesticks are graphical representations of price movement over time, and they can provide a wealth of information about the market. Tweezer bottoms are a type of candlestick pattern …
Market structure is one of the most important things to consider when trading forex. Simply put, market structure is the recognition of specific patterns that price action creates on a chart. These patterns can be used to predict future price movements with high accuracy. There are three main types of market structures in forex: uptrends, …
One of the most common mistakes that Forex traders make is what is known as revenge trading. This occurs when a trader takes a position in the market out of anger or frustration rather than due to logical market analysis. Revenge trading often happens after a trader has experienced a string of losses. In an …
Decode Global LLC (2417 LLC 2022) is an international business company registered in Saint Vincent and the Grenadines. The registered office address is Euro House, Richmond Hill Road, Kingstown, VC0100, Saint Vincent and the Grenadines, and the company is permitted to carry on a financial services business. This website is owned and operated by Decode Global LLC.
General Advice Warning
Any advice provided on this website or through correspondence is general in nature. It solely considers the investment or trading merits of the financial products without accounting for the specific investment objectives, financial situation, or personal needs of any individual. Before making any investment or trading decisions based on this advice, recipients should evaluate the appropriateness of the advice in light of their own financial circumstances. We recommend thoroughly reviewing the Product Disclosure Statement (PDS) related to any financial product provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and may not be suitable for all investors. Losses may exceed your initial investment, and when trading derivative products, you hold no rights, entitlements, or obligations to the underlying financial asset.
Restricted Countries
Please note that we cannot open accounts for residents of certain countries and jurisdictions, including the United States and Australia. This restriction list may change at any time. The information on this website is not directed to residents of any country where trading in foreign exchange (FX) or contracts for difference (CFDs) is restricted or prohibited by local laws or regulations.
For further details, please visit our website or contact us directly.
