01 · Market structure
Forex Market Hours & Live Session Clock
Four trading centres. Different time zones. One clear view of the sessions, wherever you are.
6 min readInsomniCapital · Trading education
Learn forex and gold trading mechanics with illustrated guides, worked examples, a live session clock and free position-size calculators.
Five guides. A clearer view of trading.
01 · Market structure
Four trading centres. Different time zones. One clear view of the sessions, wherever you are.
6 min read02 · The foundations
Learn what a currency quote means, what an order actually does, and how a small price move becomes a cash gain or loss.
7 min read03 · Reading the chart
Candles record what happened. Swings add structure. Neither tells you with certainty what comes next.
7 min read04 · Risk management
A dollar move in gold is not a forex pip. Start with troy ounces per lot, then translate the stop distance into cash risk.
6 min read05 · Trading decisions
An alert can describe a setup. It cannot remove uncertainty, choose your position size or guarantee the outcome.
7 min readYour position-sizing foundation
01 · Risk management · 8 min read
Turn an account amount and a stop distance into a position size. Includes USD and GBP examples, common mistakes and an interactive calculator.
Read the guideFor education only. Examples are hypothetical and do not recommend a trade or risk level. Read the risk disclosure.
Go a little deeper
Calculate JPY-pair pip values from trade units, then convert the result into your account currency. Worked examples explain pips, pipettes and conversion direction.
Translate XAU/USD lots into ounces and cash exposure. Learn why contract size, price movement and margin are different, with a worked 0.01-lot example.
Understand each assumption
Measure entry-to-stop distance for EUR/USD and JPY pairs, distinguish pips from pipettes, and connect the distance to cash risk.
Allow for trading costs without counting spread twice. Compare fixed cash reserves with per-lot commission using transparent EUR/USD examples.
Distinguish margin, leverage, exposure and stop-loss risk. Work through margin requirements, free margin and margin level using hypothetical numbers.
Calculate XAU/USD cash outcomes from price movement, lots and ounces per lot. Includes long, short, cost and GBP-conversion examples.
Calculate gross and net risk/reward, account for costs, and connect payoff size to break-even win rate and scenario expectancy.
Understand peak-to-current drawdown, the gain needed to recover a loss, and the limits of consecutive-loss simulations. Includes a downloadable recovery table.