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.

With increasing user numbers, the network must be able to handle a larger number of transactions in order to scale. Transactions on the network are grouped into blocks, with each block having a maximum size of 1 MB. Among Satoshi Nakamoto's...

Refers to the bank card which is linked to your bank account, either your current account or savings account, and the balance is shown on the card. The same amount reflected on your debit card will also appear in your bank account. If your bank...

It is a known fact that there are certain times during the 24-hour trading session that are more volatile than others, and the US market open is one such example.

When opening a trading account, there are many factors to consider, including the ease of transferring funds, fees, and customer service. Choose a broker who specializes in the area you need. Shop around for one who meets your needs. One aspect penny...

The 'HODL' bitcoin strategy involves purchasing bitcoin and holding it for a long time. The term Hold on for dear life comes from a popular cryptocurrency forum. The misspelled word "hold" gave rise to the expression. That said, this remark should...