NNFX Trading

Position sizing is one of the most crucial aspects of successful forex trading, yet it’s often misunderstood or overlooked by both new and experienced traders. While a solid trading strategy, disciplined mindset, and a good grasp of market analysis are essential, how much you risk on each trade can ultimately determine your long-term profitability—or lead to ruin. In this blog post, we’ll…

Introduction Foreign exchange (forex or FX) trading is the global marketplace for buying and selling currencies. With an average daily trading volume exceeding $7 trillion, the forex market is the largest and most liquid financial market in the world. Unlike stock markets, forex operates 24 hours a day, five days a week, due to the continuous demand for currency trading worldwide. Understanding…

Introduction In the realm of modern trading and financial analysis, the integration of technology has become paramount. Among the leading platforms for traders and analysts is TradingView, a web-based charting tool that facilitates market analysis and social trading. Accompanying this powerful platform is Pine Script, a domain-specific programming language tailored specifically for custom…

Introduction In the fast-paced world of financial trading and investment, having access to a reliable, feature-rich platform is crucial for both novice and experienced traders. TradingView has emerged as one of the most prominent tools for market analysis, offering a unique combination of social networking features and advanced charting capabilities. This essay will explore how to use the…

Introduction In the realm of financial trading, the methods by which traders make decisions can be diverse and varied. Two prevalent methodologies that have emerged are price action trading and trading with indicators. Price action trading relies on the historical price movements of assets, while trading indicators uses mathematical formulas derived from price and volume data to assist in…

Introduction Currency trading, or forex trading, has become a pivotal dimension of the financial markets, attracting a myriad of participants ranging from individual traders to large financial institutions. The forex market operates 24 hours a day, trading over $6 trillion daily, making it the largest and most liquid market globally. The choice of currency pairs to trade is a critical decision…