How to trade correlated pairs without doubling your risk
Two trades on correlated pairs are often one trade twice the size. Here is how to measure the correlation, group your exposure, and keep several positions from becoming one bet.
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Central bank decisions, economic data, gold and oil, and plain-English guides to how currency trading works. Every article links to its primary sources.
Two trades on correlated pairs are often one trade twice the size. Here is how to measure the correlation, group your exposure, and keep several positions from becoming one bet.
Central banks tell markets what they are likely to do next, so the future is priced before it happens. Here is what forward guidance is, how it works, and why the guidance sometimes fails.
Crosses like EUR/GBP and EUR/JPY remove the dollar and trade two economies directly. Here is what changes without the dollar, and when the crosses are the cleaner trade.
EUR/USD is the market's default pair, and five forces decide its direction — with US rate expectations leading the list. Here is each driver, how they interact, and which one is in charge on any given day.
Inflation is the input central banks watch most closely, which makes CPI the release that moves currencies most. Here is the transmission chain — from print to policy to price — and why the details beat the headline.
EUR/JPY bundles the euro's policy story with the yen's haven status into the market's favourite sentiment cross. Here is what drives it and how to trade it.
EUR/GBP removes the dollar and trades the euro against sterling on their own merits — two central banks, two inflation stories, one pair. Here is how it works and how to trade it.
The London open brings the day's real volume, and the first hours set the ranges the rest of the day trades. Here is how the open behaves, which pairs wake up, and how to trade it with a plan.
Rate decisions move currencies through the vote, the statement and the press conference — not just the rate itself. Here is how to read all four parts and trade the day with the risk controlled.
EUR/USD is the most traded currency pair in the world, with the tightest spreads and the deepest liquidity. Here is what moves it, when it moves, and how to build a trading plan around it.
News moves currency pairs faster than anything else in the market. Here is how to trade news releases with a plan, not a prayer — including the releases that matter, the risks around the release minute, and three strategies that respect both.
A pip is the smallest standard price step in a currency pair. Here is how pips, pipettes and pip values work on EUR/USD, USD/JPY, crosses and gold.
A lot sets how many units of currency you buy or sell. Getting it wrong is the fastest way to turn a small price move into a large loss.
Leverage lets you control a large position with a small deposit. It magnifies losses exactly as much as gains, and it is behind most blown trading accounts.
Every trade has costs, and they are easy to underestimate. Here is how to add up the spread, commission and overnight swap on a position.
Currencies trade around the clock on weekdays, but not with the same liquidity. Session times in UTC, the overlaps that matter and the daylight-saving trap.
The economic calendar tells you when markets are likely to move. Here is what each column means and how traders use it to plan the week.
The consumer price index is the inflation figure markets watch most closely. What it measures, why core CPI matters and how it links to interest rates.
Central bank decisions are the biggest scheduled events in forex. Why rates matter, why a hike can weaken a currency, and what to read beyond the decision.
How much you trade matters more than where you enter. A step-by-step method for sizing positions from your stop-loss and the amount you are willing to lose.
Why buy trades open at one price and close at another, why a stop can trigger when the chart never touched it, and how slippage happens.
The order types on a trading platform decide when and at what price you enter or exit. What each one does, and the mistakes that cost traders money.
How to read a currency quote, which pairs count as majors, crosses and exotics, and why spreads and risks differ so much between them.
Candlesticks pack four prices into one shape. How to read the body and wicks, what timeframes mean and why single patterns are weaker than they look.
Support and resistance are the most widely used ideas in chart reading. How to find levels, why they work as zones, and what happens when they break.
Moving averages smooth out price noise to show the trend. How simple and exponential averages are calculated, which periods traders use and where they fail.
The Relative Strength Index measures how strong recent moves have been. How it is calculated, what 70 and 30 really mean and why RSI can stay extreme in a trend.
Pairs that share a currency or an economic driver tend to move in step. How correlation works, why it changes and how it can quietly double your risk.
Currencies stop trading on Friday evening, but the news doesn't. What happens to your positions and stops when the market reopens at a different price.
A licence number on a website proves nothing until you have checked it yourself. A step-by-step check using regulators' own registers, and the tricks clone firms use.
Regulated CFD brokers must publish the share of their retail clients who lose money. How the figure is calculated, what it tells you and what it doesn't.
Regulators cap how much leverage brokers can give retail clients. The limits by market and region, and what professional status changes.
What happens to your money if a trade goes badly wrong, or if your broker goes bust? The protections that apply in the UK, EU, Australia and the US, and their limits.
Many well-known brands open accounts for clients in some countries through offshore companies. What you gain in leverage and what you give up in protection.
Fake brokers, signal sellers, account managers and romance-investment schemes all target forex traders. The patterns they share and what to do if you have been caught.
The four platforms most forex traders choose between, compared on charting, order types, automation and broker availability.
Purchasing managers' indexes are among the first economic numbers published each month. What the 50 line means, which PMIs matter and how traders use them.
The Swiss National Bank abandoned its minimum exchange rate of CHF 1.20 per euro without warning, and the franc jumped within minutes. What happened, why, and what it taught traders about risk.
The euro launched in 1999, notes and coins followed in 2002, and Bulgaria became the 21st member on 1 January 2026. How the euro area grew, how countries join and what it means for EUR/USD.