Price Action Forex

FTMO Challenge is a popular and reputable prop trading firm that offers traders the opportunity to trade with their capital. However, before traders can access the firm's capital, they must first pass a rigorous evaluation process known as the FTMO Challenge. In this comprehensive guide, we will discuss everything you need to know about the FTMO Challenge, including its requirements, rules, strategies for success, and tips for passing the evaluation. 1: What is the FTMO Challenge? The FTMO Challenge is a trading evaluation process designed to identify talented and skilled traders who can manage the firm's capital. The evaluation consists of two stages: the Challenge and the Verification. The Challenge is a 30-day trading period during which traders must meet specific trading objectives, such as reaching a profit target and limiting drawdown. The Verification is a 60-day trading period during which successful traders can trade the firm's capital and earn a share of the pro...

Forex trading is one of the most popular and largest financial markets in the world, with a daily turnover of over $5 trillion. However, many people are still unfamiliar with what forex trading is, how it works, and the potential benefits it offers. In this beginner's guide, we will discuss everything you need to know about forex trading, including its basics, the key players, how it works, and some essential tips for beginners. 1: What is Forex Trading? Forex trading is the act of buying and selling currencies in order to make a profit. It is also known as foreign exchange or FX trading. Forex trading is done through a global network of banks, financial institutions, and individual traders. The forex market is open 24 hours a day, 5 days a week, and it operates in all time zones around the world. 2: Understanding the Key Players in Forex Trading The forex market has several key players, including central banks, commercial banks, hedge funds, and retail traders. Central banks ar...

Foreign exchange trading, also known as forex or FX trading, is the world's largest financial market, with over $6 trillion worth of trades being made every day. The forex market is where different currencies are exchanged for each other, and it operates 24 hours a day, five days a week. If you're new to forex trading, it can be overwhelming and confusing to understand the terminology, strategies, and risks involved. This guide will provide you with a comprehensive overview of forex trading, including the basics, how to get started, and some essential tips for success. Forex Trading Basics Forex trading involves buying and selling currencies in pairs. For example, if you believe the value of the euro will increase compared to the US dollar, you would buy the EUR/USD currency pair. If you think the euro will decrease in value, you would sell the EUR/USD currency pair. The exchange rate is the price at which one currency can be exchanged for another. Forex traders speculate ...