Forex can be an extremely effective source of profit. But there are just so many techniques, strategies and approaches to currency trading! How do we choose the best way to make money in Forex? Keys to Success in Forex Trading Forget for a moment about finding an easy way to learn Forex. There is a whole load of information and you will get a fair amount of chances to get through it. Start with the basics: the key to success on Forex is confidence. You will need to wholeheartedly believe that your foreign exchange journey has a real chance...
What is a Short Trade How to Enter a Short Trade Short Term Currency Trading Strategies Every Forex trader has a strategy. Knowing your exact course of action in any type of scenario allows you to remain calm and concentrated, therefore bringing along better results. The question is how do you choose which strategy to go with in the very beginning? To help you answer this question, we are looking at different trading method categories one at a time. Today let’s talk about short term currency trading strategies. What is a Short...
How to Create an Account in MetaTrader 1. Setting up MetaTrader 4 on Your Device 2. Creating a MetaTrader Trading Account 3. Authorizing a Forex-Supported MetaTrader 4 Account 4. How to Fund a MetaTrader 4 Account Setting up Expert Advisors in MetaTrader The trading platform is the main working tool of every trader, and it must first of all be convenient and correspond to all innovative innovations of this sphere. Modern trading terminals allow us to carry out a full technical analysis, to make forecasts about the market situation...
The Significance Of Market Analysis What Is Candlestick Trading Candlestick Formation And Structure Bulls Vs. Bears In Candlestick Trading Basics Of Candlestick Pattern Trading Types Of Candlestick Patterns Candlesticks Trading Strategies Candlestick Trade In Demo Account Candlestick charts are one of the first things that come to mind when we talk about trading. Even those, who have zero experience on Forex, will most likely be able to recognize and somewhat interpret a candle chart. Today we are going to break down everything you...
There are hundreds of Forex related terms and concepts. Some of them are only relevant to specific trader groups, while others are absolutely necessary for everyone. Today’s discussion is focused on the second category of crucial information. In this post you will learn what are pips in Forex, how to calculate their value and how to use this knowledge in trading. What Are Pips In Forex You’ll see and hear the word “pip” mentioned pretty much anywhere there’s Forex talk. So, it makes total sense to take...
