Currency futures are financial contracts that allow traders to buy or sell a specified amount of a particular currency at a predetermined price and date in the future. These futures contracts are standardized and traded on regulated...

Fundamental analysis is a method used to evaluate the intrinsic value of a financial asset, such as stocks, bonds, or commodities, by analyzing various factors related to the underlying entity's financial health and overall performance. This approach...

A negative balance in an MT4 account indicates a temporary problem. If an investor deposits money into an account with a negative balance, the current balance should not be less than the amount deposited. Negative balances are protected on all MT4...

Hammer and inverted hammer are key candlestick patterns in trading. Both indicate potential reversals and appear after a price decline, signalling bullish momentum.

In Forex trading, a pending order is an order to buy or sell a currency pair at a specified price level in the future. There are several different types of pending orders that traders can use to enter or exit the market.

In trading, indicators are very important. They help you analyze the market. You can make successful trades by using indicators. The indicators give you a more accurate sense of the market's movement. Before you start your trade, you should always...

MT5 has 21 timeframes as opposed to MT4's 9 timeframes. The nine timeframes that come with MT4 are fairly standard. MT5 now includes 2, 3, 4, 6, 10, and 20-minute charts, as well as 2, 3, and 6-hour charts. The strategy backtesting in MT5 is far more...

The Hook Pattern is a design concept commonly used in programming, particularly in event-driven architectures and frameworks. It allows developers to define placeholders or hooks where custom behaviour can be inserted without altering the underlying...

A broadening formation is a type of consolidation pattern that can be used to predict the likelihood of a reversal in the direction of a current trend. When found in an uptrend, it indicates a near-term reversal of the price action rather than a...

However, there are times during the weekdays when the currency market is relatively calm and the trading volume is low.