If you want to trade forex successfully then you need to pay a lot of attention to the news. Without news, it will be difficult to make a good profit so if you want to make a good profit in forex you must trade according to the news. You must spend a...
there is two kinds of brokers in forex. One is the dealing desk and the other is a non-dealing desk. Dealing desk broker execute your request with requote and dismissal. To choose the right brokerage company you need to understand how different types...
Each market has its own language. These are words to know before engaging in forex trading:
The main income of a broker is spread. If the spread is low then the broker is obliged to provide good service. There are many types of brokers, but before you can deposit in the broker, you must collect detailed information about the broker. The...
This is a really simple procedure in metatrader4 to install custom indicator. We have just need to download an indicator which we want to use in metatrader4. After downloading your file will be added in download folder. Now you have a need to copy or...
This is where you can trade in falling markets, without the need to buy and take ownership of an actual asset. If you think that an asset like a stock or a currency pair is overbought, and you expect the price to drop, you will open a short position,...
It's really important to verify a broker is licensed. This way they have monthly reporting, annual audits, have capital requirements, and some other regulations to follow. I usually look at the company which is regulated and have a license. However,...
Before entering the market as a trader, you need to have a plan on what you want to do and how you plan on achieving it. You need to make decisions based off of information you have collected to execute your trades. You need to have a plan on how to...
Fundamental analysis that is based on socio-economic-political exists in those countries. So we have a good understanding of the global economic market news and political news if you want to do fundamental analysis. We will need to make use of such...
A contract for difference ("CFD") is a financial derivative. Derivative products tract the market price of an underlying asset so that traders can speculate on whether the price will rise or fall.