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Beginner

Start here. No prior knowledge assumed.

12 articles

Tagged “Beginner”

InnoMP Research cover art — candles, explained simply
Candlesticks

How to read a price chart: candlesticks explained simply

Line, bar and candlestick charts show the same data three ways. This guide explains what each one records, what a candle's body and wick mean, and why candlesticks became the standard.

7 min read
InnoMP Research cover art — where price turned before
Support & resistance

Support and resistance explained for beginners

The most useful lines on any chart, and the most commonly drawn wrong. What these levels actually are, how to draw them as zones, and why a broken support becomes resistance.

6 min read
InnoMP Research cover art — trend, range, or turning
Trend

Trend or range? How to tell what a market is doing

Before any indicator or pattern, answer one question: is this market going somewhere or going sideways? Getting it wrong means every tool you use afterwards is the wrong tool.

5 min read
InnoMP Research cover art — price is an agreement
Beginner

What is technical analysis? A beginner's guide

A price chart is a record of what buyers and sellers actually did. This guide explains what technical analysis is, what it can and cannot tell you, and how to read your first chart — starting from zero.

8 min read
InnoMP Research cover art — practise like it counts
Demo account

How to use an InnoMP demo account properly

A demo teaches execution, not psychology. Used deliberately it compresses months of learning; used casually it teaches habits that cost money to unlearn.

5 min read
InnoMP Research cover art — the fourth decimal
Position sizing

What is a pip in forex? Pip value and 20-pip examples

Pip value changes with the pair, the lot size and the account currency. Getting it wrong is the most common reason a trader's actual risk differs from their intended risk.

5 min read

Related subjects

Trading costsCFD basicsCandlesticksMarket structureSupport & resistanceTrendLeverageMargin