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Understanding Spreads in Forex Trading
Understanding Spreads in Forex Trading
Spreads are indeed important for traders to consider when participating in forex trading. It is a cost incurred from every transaction made. Spreads represent the difference between the buying price and the selling price. In this article, we delve into the realm of forex trading spreads, vital for traders to comprehend as a transaction cost,...
September 5, 2023 10 min read
News Trading: The Mechanics and Psychology Behind
News Trading: The Mechanics and Psychology Behind
To make it as a successful trader, you must know how to trade the news. The macroeconomic data that constitute the bulk of news trades are the main drivers of price action because they mould the sentiment of the big money in the market. The resultant price moves may carry on for a considerable length...
September 1, 2023 15 min read
An Introduction to Currency Pairs and Other Trading Instruments
An Introduction to Currency Pairs and Other Trading Instruments
This article is designed to demystify the basic concepts of currency pairs in the forex market. By the end, you will have gained a firm grasp of how to buy and sell these pairs through True Forex Funds. You’ll learn to differentiate between major, minor, and exotic currency pairs, and get a glimpse into other...
August 23, 2023 15 min read
Trading Unlisted Forex Crosses on True Forex Funds 
Trading Unlisted Forex Crosses on True Forex Funds 
With True Forex Funds, you can trade some of the less popular currency pairs listed on the MT4/MT5 trading platforms. Discover how to trade these currency crosses, and find out how to use a combination of forex pairs to create your own customized crosses.  Introduction A majority of assets traded on the forex platforms are...
August 18, 2023 5 min read
Bull flag vs. bear flag – how to trade them
Bull flag vs. bear flag – how to trade them
One of the methods of technical analysis that traders use to aim to secure profitable trades is chart patterns. The flag pattern is a chart pattern that occurs very often and delivers a high degree of accuracy. In this article, you will learn all you require to use the flag pattern profitably as you aim...
August 9, 2023 10 min read
Identifying the Bull Market: 3 Strategies and Indicators
Identifying the Bull Market: 3 Strategies and Indicators
In the financial world, a bull market refers to a positive market condition characterized by a significant increase in prices over an extended period. Traders can employ various strategies to take advantage of this upward trend, such as the buy and hold approach or retracement strategies. Recognising a bull market is crucial for traders seeking...
August 4, 2023 4 min read
3 Easy Steps to Identify a Bear Market
3 Easy Steps to Identify a Bear Market
Navigate the tumultuous seas of the trading world with True Forex Funds, a prop trading firm committed to supporting our traders’ journey towards mastering the markets. In this article, we demystify the strategies for spotting a bear market and provide our traders with the tools needed to not just survive, but thrive, amidst the market’s...
August 3, 2023 7 min read
Inspiring Journey of a True Forex Funds Trader
Inspiring Journey of a True Forex Funds Trader
Welcome to the next installment of our Trading Success interview series, where we explore the insights and experiences of some of the top traders at True Forex Funds.In this blog post, we’ll be sharing highlights from our recent video interview with Marvin, a highly successful trader who has graciously shared his strategies, philosophy, and tips...
July 26, 2023 4 min read
The Art of Trading Micro Lots in Forex
The Art of Trading Micro Lots in Forex
Welcome to our in-depth exploration of micro lots in forex trading. This article serves as an extension of our original piece discussing lots and lot sizes in the forex market. In the world of forex trading, understanding the concept of a lot is crucial. Specifically, this time we’ll be focusing on micro lots – the...
July 25, 2023 7 min read