As part of the interest rate benchmark changes, the Eurosystem has created the euro short-term rate ESTR and the compounded ESTR for standard tenors. In the financial and banking sectors, as well as in the economy at large, the ESTR is an important...
Because both sides of the triangle are inclined at the same angle, the name is self-explanatory. The model is neutral and difficult to use. As you can see, the situation is as follows. Values grow at minimums and decrease at maximums. Due to this...
Scalping is for me the best thing that works for me. Although some brokers may frown on you scalping, I believe very good brokers that use ecn or ndd technology should not have an issue with this, aside from those who have nothing to lose.
Practice is the most inmportant factor to acheieve success in forex trading. But most the newbies prefer to traderight away than get bored in trading in demo account. I really do not know why they get bored in demo account but i guss they are...
Bollinger bands measure volatility. They consist of a moving average, and two lines plotted at 2 standard deviations from the central moving average line. These lines form the band. The market is quiet when the band is narrow. The market is loud when...
Due to Germany's membership in the Eurozone, the official currency is the euro (EUR). Germany switched to euro money back in 2002, before that time the country used its own national currency (the predecessor of the euro) - the German mark. In the...
What are the benefits of upgrading from MT4 to MT5 from a trader's point of view?
MetaTrader Program files have the EX4 extension. This is compiled programming code for MetaTrader, which is a free forex trading program. Scripts and indicators are stored in EX4 format for the MetaTrader software. A MetaTrader Custom Indicator file...
Fiat currency is a legal tender whose value is set by the government and issued by it, unsecured by any physical good or product. A fiat currency's value is determined by the credibility of its government. Fiat currencies are used by most countries...
Bitcoin is popular because it is decentralized, which means the government cannot interfere with it. Even if the value of the currency stays the same, there is no way you are able to use it, so it's useless. However, they can always interfere with...
Day trading is a regularly used approach to trading stocks in cryptocurrencies. Typically, day traders will use rapid trading tactics to take advantage of volatility in the market and generally hold positions for only one day.