fxopen blog

  1. FXOchartist

    Forex The importance of studying Japanese candlesticks

    All experienced forex traders certainly understand that one of the most widely used chart types is Japanese candlesticks. This is more often chosen by traders because of its ease of reading. Trading with Ticktrader at FXOpen UK, I most often use this type of candlestick in technical analysis...
  2. FXOchartist

    Forex Choosing a timeframe in forex trading

    In the trading platform there are various timeframes available, from M1 to monthly timeframes, on the Ticktrader platform FXOpen there are even timeframes available from S1, S10, M1, M5, M15, M30, H1, H4, D1, W1 and MN1 Mastering multiple timeframes can provide several benefits, including if you...
  3. FXOchartist

    Forex What is the difference between retracement and reversal?

    When carrying out trading activities on the forex market, every day traders will of course pay attention to market trends. This is because it is very important in its efforts to profit from market volatility. The market trend itself can be categorized into three general types, the first is an...
  4. FXOchartist

    Forex Is gold still a safe haven amidst geopolitical risks?

    We know that the latest news about the Hamas vs Israel war became hot news at the end of 2023. The war that killed more than 21,000 civilians made Israel condemned by many countries. And many Israeli products were boycotted, losing billions of dollars due to the impact of the war. And it seems...
  5. FXOchartist

    Forex Is possible to make a profit from carry trade strategies?

    One trading strategy that is quite popular is the carry trade. This strategy seeks to profit from high-interest rates in a currency by borrowing in a low interest rate currency. In essence, carry trades benefit from positive swaps on the difference in interest rates on currency pairs in the...
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