Independent trading education
Forex, crypto and trading, explained in plain English
Guides, strategy breakdowns and market context for self-directed traders. We explain how markets work and show the math, risks included.
Latest articles
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Risk-reward and break-even win rate calculator
Enter entry, stop-loss and take-profit prices to get the risk-reward ratio, the win rate you need to break even and the expectancy of a…
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Forex market hours: a live session clock in your time zone
See which forex sessions are open right now, when the next one starts and how Sydney, Tokyo, London and New York hours line up…
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Forex margin calculator
Find out how much margin a forex trade will use at different leverage levels, what the position is worth in your account currency and…
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Pip value calculator
See what one pip is worth on 21 currency pairs for any lot size, converted into your account currency, plus the value of a…
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Position size calculator for forex trades
Work out the right lot size for a forex trade from your account balance, the share of it you are willing to risk and…
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How stablecoins hold a $1 price, and what happened when USDC and TerraUSD slipped
A stablecoin is a promise that a token will be worth one dollar. How that promise is kept, and how it can fail, depends…
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When the Swiss franc floor broke: what happened on January 15, 2015
For more than three years the euro could not trade below 1.20 Swiss francs. Then the Swiss National Bank walked away from the floor,…
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How to calculate pip value by hand, and why it changes from pair to pair
A 20-pip stop does not cost the same on every currency pair. Here is the arithmetic behind pip value, with worked examples for dollar,…
Browse by topic
Seven sections, each focused on one part of the markets.
Forex Trading
Currency pairs, pips, lot sizes, margin, swaps and the trading sessions that shape daily price action.
Cryptocurrency
Bitcoin, Ethereum, stablecoins and wallets, with a clear view of custody and regulatory risk.
Trading Strategies
How common approaches work, what they assume and the conditions where they tend to fail.
Market Analysis
Central bank decisions, economic data and price action, framed as scenarios rather than signals.
Brokers & Exchanges
What to check before opening an account: licensing, fees, execution and withdrawal terms.
Trading Education
Order types, chart reading, position sizing and the basics of managing risk.
Trading Tools
Calculators, charting platforms, economic calendars and journals, and how to read their output.