I was told that one pair should be enough when I first started trading, and I decided to go with EURUSD.
Some traders believe that Friday trading is very dangerous for the week end of the market. Although, with the very rapid changes in the prices at the end of the market, I think that this may be enjoyable to trade. It might get us a little more...
Low Spreads help a trader to make more money from forex and a high spread decreases your profit margin. Also, the low spread is very important if you do scalping. In scalping profit target is usually 5 pips to 10 pips. That's why you need low...
Lightning networking is a second-tier technology that uses micro payment channels to scale your block chain's ability to execute transactions more efficiently. Compared to those conducted directly on the bitcoin block chain (i.e., on the chain),...
The fractal trading indicator is a technical analysis index developed by the famous American merchant Bill Williams for his unique trading strategy. However the cursor created by Williams means images of a geomatric pattern repaeting on the graph,...
The pin bar is popular, but not for beginners; it is especially for senior traders who are able to predict the direction of this market by using a candlestick. Only professionals in Forex are able to make consistent profits by using this pin bar...
A short sale or going short is a way to profit from stocks whose prices are falling. Shorting is a relatively simple idea in which a trader loans a stock, sells it, and then buys it back and returns it to the lender. Short-sellers bet on the falling...
A trading plan is a set of rules that specifies the entry and exit criteria currency change. A plan is built to manage money in a trading account. Using a plan allows traders to trade better. With today's technology in demo accounts, it is easy to...
I feel that there is really no better time frame to find the support and resistance levels. a trader can decide to use whichever timeframe he feels is best to complement his trading style and strategy. while a four hour chart might work well for a...
In foreign exchange (forex), the quote currency, commonly known as the counter currency, is the second currency is both a direct and indirect currency pair and is used to determine the value of the base currency.
MQL stands for meta quote learning. MQL is a high-level object-oriented programming language. Operation speed and flexibility of the language allow you to develop very complex programs with a large number of calculations and accurately manage almost...
An Exchange-Traded Fund (ETF) is a combination of stocks and mutual funds that provides a day trader with a convenient way to gain exposure to market sectors that are difficult to trade. As well as acquiring assets, such as stocks, bonds, and other...