MT4 is a popular electronic trading platform used by Forex traders online. Forex brokers can use the software to trade foreign exchange online. The software consists of two components: a client and a server. The broker runs the server component,...
Anxiety and stress are natural emotional responses that can be triggered by a variety of factors, including financial uncertainty. In the forex market, anxiety and stress can have a significant impact on a trader's decision-making process and overall...
Forex trading, or foreign exchange trading, plays a significant role in the global economy by facilitating international trade, investment, and travel. Its economic effects are multifaceted and profound.
There are the same rules that apply to serious traders as well as to those who trade Forex for fun. To trade Forex successfully, traders need a basic understanding of the market, the conditions driving price movements, and the factors driving...
There are numerous factors that influence currency exchange rates, and we will discuss a few of them to remind traders of their importance in the midst of the current market volatility.
Money management depends on your strategy. Will you trade multiple pairs at once, or open multiple trades in one pair in grid style? How many pips target/risk to take etc. etc.
The 88.6% Fibonacci retracement level plays a crucial role in the Bat pattern, a popular harmonic pattern in technical analysis. The Bat pattern is designed to identify potential reversals in the market, offering traders a high-probability setup. It...
Euphoria, the queen of currency devils, is a monster who promises boundless money but delivers boundless pain and desolation. Euphoria makes a concerted effort to ensure that you perceive nothing but great chances for endless wealth wherever you...
William D. Gann developed the Gann theory in the 1900s. He was a successful trader who believed that stock prices fluctuated in an oblique manner. An asset can move in various directions. He noticed that price changes were related to natural...
Robot trading, also known as algorithmic trading or automated trading, is a sophisticated method of executing financial transactions using computer programs or algorithms. These programs are designed to follow pre-defined rules and strategies to make...