More experienced traders believe that the most significant disadvantage of trading at night is the lack of activity on the market; however, traders who enjoy trading during the night claim this is actually the most significant benefit. The reason for...
One of the newest Forex trading strategies is the 50-pips-a-day Forex strategy, which capitalises on the early market movement of certain highly liquid currency pairs. This trading method works particularly well with the currency pairs GBP/USD and...
Forex intraday trading entails market players buying and selling their selected financial instrument inside a single day or multiple times within a single day. If forex intraday trading is done correctly, one may profit significantly from little...
The trader only needs to know two phases of the market, which are sideways and trending. In accordance with the market phase, if we use a trend following strategy, our strategy must be in a trend phase; however, we know that there is no fixed time...
A beginner's leverage in the Forex market is 1:30. This high leverage is used by even professional forex traders, but you should be aware of the risks. Leverage of 500:1 is considered high. In many jurisdictions, using more than this amount of...
The Double Bar Low Higher Close is a bullish chart pattern, as indicated by the fact that its acronym, DBLHC, stands for "Double Bar Low Higher Close." As a result, you should look for this pattern in markets that are currently experiencing an...
In forex trading, liquidity and volatility share an intricate relationship that significantly influences market dynamics and trading strategies. Liquidity refers to the ease with which an asset can be bought or sold without causing a significant...
The key to becoming an expert in forex trading is continuous practice. There are millions of books, online resources, and news from around the world, but all these things can only give you theoretical knowledge. You have to face real challenges to...
Forex trading is a complex and time-consuming process that requires careful analysis and decision making. In recent years, the use of robots or automated trading systems has become increasingly popular among traders. While these systems offer certain...
There are a lot of programming languages used to run a software or a program, so which is the best, I mean which programming language is better for automated software for forex trading?