The field guide
Know what you’re
really trading.
Clear answers for the decisions that happen before the first deposit — and the details that still matter after it.
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What is NFP in forex? The jobs report and event risk
NFP is the headline US payrolls figure inside the Bureau of Labor Statistics Employment Situation. Here’s how to read it, when it lands and why execution risk matters.
By Gabrielle Gosnell
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Less noise.
Better questions.
Know the entityRegulation starts with the company in your contract, not a logo.
Count every costThe smallest advertised number is rarely the whole bill.
Practise before riskLearn the mechanics before the balance becomes real.
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Practical guides, plainly written.
What is margin in forex? Used margin, free margin and calls
Margin is the collateral a broker reserves for leveraged FX positions. Learn how used margin, free margin, equity and margin level fit together.
By Gabrielle Gosnell
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What is drawdown in forex? Depth, duration and recovery
Understand drawdown as a peak-to-trough decline, compare balance and equity measures, and use a practical review routine to assess recovery and risk.
By Gabrielle Gosnell
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What are pips in forex? Price moves, pipettes and value
A practical guide to pip quotations, pipettes, JPY conventions and pip value, with worked examples and platform caveats.
By Gabrielle Gosnell
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What is a lot size in forex? Units, pips and risk
A practical guide to lot size, contract units, pip value, margin and a risk-first sizing method for spot FX and CFDs.
By Gabrielle Gosnell
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Is forex trading halal? A practical test for each account
A halal label is not enough. The answer depends on what the account actually trades, when ownership passes, how the position is financed and which charges appear in the contract.
By Gabrielle Gosnell
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What is liquidity in forex, and why does it change?
Forex is a very large market, yet a particular pair can still become expensive or difficult to trade. Liquidity is local to the instrument, size, venue and moment.
By Gabrielle Gosnell
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What is a swap in forex? Rollover costs explained
On a retail platform, swap usually means an overnight account adjustment. In wholesale markets, an FX swap is a different two-leg currency transaction. Confusing them hides the real cost.
By Gabrielle Gosnell
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How to read forex charts: price, candles and context
A forex chart records what price did, not what it must do next. Read the pair, price convention, candle, timeframe and market context in that order before adding indicators.
By Gabrielle Gosnell
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Forex order types: market, limit and stop orders explained
The simplest way to remember pending orders is location: limits seek a better entry than the current market; stops seek entry beyond the current market. Execution risk remains after the label.
By Gabrielle Gosnell
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What is leverage in forex? Margin, exposure and loss
Leverage lets a small margin control a larger currency position. It reduces the cash needed to open the trade; it does not reduce the profit, loss or risk created by the full exposure.
By Gabrielle Gosnell
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Is forex trading profitable? Start with the arithmetic
Forex trading can produce profitable periods, but possibility is not probability. The useful question is whether a repeatable edge remains after spreads, financing, mistakes and losing streaks.
By Gabrielle Gosnell
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Forex risk management: size the loss before the trade
Risk management does not make a prediction right. It decides how much a wrong prediction can damage the account, and whether enough capital remains to take the next valid trade.
By Gabrielle Gosnell
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Forex market hours in UK time: sessions and overlaps
Forex trades around the clock during the working week, but activity is not evenly distributed. UK traders need to account for session overlap, daylight-saving mismatches and each broker’s own dealing hours.
By Gabrielle Gosnell
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Best forex trading apps: five serious options compared
The best forex trading app is not the one with the busiest screen. It is the one that lets you understand the price, size the risk and correct a mistake before a fast market makes the decision for you.
By Gabrielle Gosnell
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Forex spreads explained: the small number that becomes a real cost
A spread of 0.8 pips sounds tiny. Its impact depends on position size, market conditions and the rest of the fee schedule. Here is how to turn the quote into money.
By Gabrielle Gosnell
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How to check if a forex broker is regulated — properly
A regulator logo in a footer proves very little. Here is the five-minute check that connects a broker’s website, legal entity and licence record before you deposit.
By Gabrielle Gosnell
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Demo vs live trading accounts: what the simulation cannot teach you
A demo account is useful for learning the mechanics. It is a poor test of pressure, execution and your behaviour when the balance is real. Use each account for the job it can do.
By Gabrielle Gosnell
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