Mindblown: a blog about philosophy.

International sanctions are among the most important political and economic means that have colossal consequences both for individual countries and world financial markets. One of the spheres suffering most from such actions is the sphere of fluctuations in world currencies’ exchange rates. Also, trade relations, monetary policies, and economic fluctuations resulting from sanctions change considerably,…

Price Action (PA) is a method of analyzing price movements on charts and making trading decisions based on these fluctuations. Unlike many trading methods that rely on complex indicators and tools, Price Action focuses on pure price movement, enabling traders to implement their strategies with simplicity and by using fundamental market principles. In this article…

Apart from technical and fundamental analysis, Forex trading needs the understanding of some psychological factors that will help a trader to achieve success. The psychology of professional traders is important in ensuring their success in the long run and can be the difference between profit and loss by managing emotions and behavior under varied market…

One of the most essential principles of any trader in the forex market is risk management. In fact, as the forex market is highly volatile, all changes in a market may happen very, very fast. Although this market may have more profit, it also has bigger risks at the same time. These strategies and tools…

The economic data are among the key determinants of the value of major currencies in the forex market. Among the many releases, employment reports, especially from major world economies, basically act to guide the markets about the state of an economy and further monetary policies. The employment data, which includes the rate of unemployment and…

Interest rates are among the most relevant variables that affect international currency fluctuations. The interest rate decisions made by a central bank change not only the course of the national economy but also global financial markets, especially the foreign exchange market. Changes in interest rates can create substantial volatility for international currencies and define their…

The Forex market, as the largest and most volatile financial market in the world, is heavily influenced by the decisions and policies of central banks. These banks, through their monetary policies, not only affect the value of their respective currencies but also cause significant changes in Forex market trends. These policies include changes in interest…

The Forex market, as the largest financial market in the world, is highly sensitive to global economic events and crises. Economic crises, whether on a national or international scale, can trigger significant fluctuations in currency exchange rates. These crises are often triggered by factors such as economic recessions, financial crises, political instability, and geopolitical developments.…

Achieving consistent success in financial markets like forex is no easy task. Professional traders have honed their skills over years of experience, learning through trial and error to develop strategies that help them maintain profitability. For beginner and intermediate traders, learning from and applying these strategies can provide a shortcut to success. In this article…

In the forex market, traders constantly seek suitable opportunities to buy and sell in order to maximize their profits. One popular method for identifying these opportunities is through technical analysis. This analysis uses tools and indicators that help traders analyze price movements and volume, allowing them to predict market trends. Among these tools, leading and…