It’s easy to become a forex trader. Just simple, Open an account any forex broker. Download MT4 or MT5 software. Deposit your investing amount. Start trade in forex. Wow, I am a forex trader. Hello guys, Don’t feel so happy. You are just a forex trader not to become a …
Read More »Guide to Using Bollinger Bands Explained
Guide to using Bollinger Bands Explained Bollinger Bands are popular technical analysis indicators often used for short-term trading for those looking to try to capitalize and take profit from rising and falling trends in asset prices. Find out how Bollinger Bands work, and how to start building your own Bollinger …
Read More »Types of Forex Trading Orders
Types of Forex Trading Orders in the Forex market, there are several types of orders that can be executed by a trader when making a Forex trade. For an individual to be a successful Forex trader, it is essential to have a clear understanding of each type of order used. …
Read More »Retail brokers and retail traders
Retail Brokers and Retail Traders As forex becomes increasingly mainstream, more amateur and professional investors are rushing to join in. Households and small non-bank institutions now account for an estimated $300 billion in global forex volume, representing close to 10% of overall volume and market growth of 400% from 2007! …
Read More »Line Chart Is Your Friend l how to trade with trend Strategy
Chart Is Your Friend-How to trade with looking chart Marking the zones on your chart is as simple as drawing a line on the chart. However, if you have not looked at charts in terms of support and resistance zones before, it may be a bit difficult to find precisely …
Read More »What is Pivot Point
Pivot Points pivot point trading One of the most useful tools of a Forex trader’s arsenal of tools is the Pivot Point calculator. This is one of the most frequently used triggers for trading strategies. In short, Pivot points are points where the market is expected to reverse. If the …
Read More »Top best forex brokers quality-Must need to know
How To know Forex brokers quality ? Quotes on currency pairs should be guaranteed, as well as the fills on your stop-loss and limit orders. This is usually expressed as a “no slippage” policy, where the price offered should be the same as that at which your market or …
Read More »Best option for Forex trading accounts
FOREX TRADING ACCOUNTS Most brokers offer a wide array of trading accounts and different platforms. In almost every one of them, you will find a demo or practice account that will allow you to get acquainted with their platform’s particular characteristics and implement your strategies in a safe environment without …
Read More »Forex trading psychology and risk management
TRADING PSYCHOLOGY AND RISK MANAGEMENT There square measure only a few laws for commerce, however, this can be one in every one of them: Improper risk management ends up in emotional commerce issues. Win or lose, if you risk too much on a trade, you may endure emotional issues. …
Read More »Forex market makers vs ECN brokers
ECN MARKET MAKERS Forex market makers vs ecn brokers Market makers have a dealing desk. The broker usually acts as a counterpart for almost every transaction made by traders. Brokers hedge their own risk by opening trades in the opposite direction for the same amount. Very few orders are sent …
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