MetaTrader 4 is an all-in-one trading software launched in the year 2005, and soon it rose to the most popular trading platform with its simple yet sophisticated features. The timely updates and advancements have helped MT4 to secure its spot as the standard forex trading platform. MT4 is still the number one trading software in …
Comparing 11 Best Metatrader 4 (MT4) Brokers In 2023 Read More »
If you’re looking to take advantage of one of the most successful trading strategies out there, the bearish harmonic crab pattern is a great way to do it. This pattern relies on the key ratios of Fibonacci numbers to be precise, but you don’t have to know every angle of the pattern in order to …
The Forex market has massive potential for traders with the proper knowledge and experience. Yet, one big drawback among traders is the lack of good basics. In this post, I’ll share the three broad types of orders you can explore in FX. The three form the essential points for order entry. Plus, each type of …
3 Forex Order Types: Market Orders, Limit Orders & Stop Orders Read More »
What is The RSI Indicator? The RSI stands for the relative strength index. It was developed by J. Welles Wilder and has been in the market since the year 1978. It’s among the indicators that track the momentum of a market. Typically, the RSI helps traders gauge the strength of a market in terms of …
Traders approach the market analysis of currency pairs from several points of view. What is your approach? One key point of view in the approach is to establish what market cycle a forex currency pair is in at any moment. We’ll review each market cycle and share potential opportunities to help you link your analysis …
The Forex market is a marketplace of buying and selling, where the approach of estimating foreign exchange costs is a way to create an income possibly. Currencies are especially traded in pairs. Therefore, buyers speculate on whether or not the price of 1 foreign money will upward push or fall while replacing it for another. …
