MetaTrader 5 is a multi-asset platform that allows trading Forex, stocks and futures. It offers superior tools for comprehensive price analysis, use of algorithmic trading applications (trading robots, Expert Advisor) and copy trading. MetaTrader 5...

In the business world, emotional analysis is a type of market analysis. It is used in the forex market to analyze the opinions of forex traders and how their opinions and actions affect the direction of market movements. Additionally, to forex...

Metatrader5, or familarity called MT5, developed by Metaquotes comapany as a newest generation forex trading , platform after MetaTrader4 which is managed to become the most popular platform in the world. Now the majority of forex traders seem to...

I was told that one pair should be enough when I first started trading, and I decided to go with EURUSD.

Some traders believe that Friday trading is very dangerous for the week end of the market. Although, with the very rapid changes in the prices at the end of the market, I think that this may be enjoyable to trade. It might get us a little more...

Low Spreads help a trader to make more money from forex and a high spread decreases your profit margin. Also, the low spread is very important if you do scalping. In scalping profit target is usually 5 pips to 10 pips. That's why you need low...

The fractal trading indicator is a technical analysis index developed by the famous American merchant Bill Williams for his unique trading strategy. However the cursor created by Williams means images of a geomatric pattern repaeting on the graph,...

The pin bar is popular, but not for beginners; it is especially for senior traders who are able to predict the direction of this market by using a candlestick. Only professionals in Forex are able to make consistent profits by using this pin bar...

I feel that there is really no better time frame to find the support and resistance levels. a trader can decide to use whichever timeframe he feels is best to complement his trading style and strategy. while a four hour chart might work well for a...

In foreign exchange (forex), the quote currency, commonly known as the counter currency, is the second currency is both a direct and indirect currency pair and is used to determine the value of the base currency.