Moving Average Convergence (MACD) created by Gerald Appel in 1979, was one of the most used trading techniques indicators. The MACD is valued globally by traders for its simplicity and flexibility as a pattern or an indicator of a driving force....
Just curious to know how other traders fill their time between trades. I used to spend that time just staring at the charts and looking for other potential systems that could fit my style of trading or improve my current system. Of course, I still am...
Sniper trading and sniper setups are those setups that give you quick profit. There is no long wait for profit or loss. It is called sniper trading. Many people are found that setups and traded on that setups so it is very good for that do trading in...
A currency carries trade is a technique in which a high-yielding currency uses a low-yielding currency to fund the trade. A trader who employes this technique tries to profit from the difference in rates which can be significant depending on the...
Forex trading can lead to successes or failures. Naturally we all want to be successful, but to achieve this we need to work hard as well as possess certain key qualities. Let's face it - not eveyrbody is meant to be a successful trader. And there...
Most of the important factors to succeed in forex is control over greed. In every business, there is both profit and loss and you can face any of it. So keep in mind if you have no control over emotions and greed then it is very much possible, you...
the main difference between forex and stock market is that trading in a forex involves simultaneously buying and selling currencies whereas trading in a stock requires either buying shares or selling shares.
Forex trading is one of the most profitable businesses in the world. In fact, if it was not profitable we would not have more than 5 trillion daily traded value. But still, everyone can not be profitable and if a trader wants to become profitable he...
As the name implies, an expert advisor (EA) is a piece of software that makes trading decisions on your behalf. After installing Forex EA on a trading platform, the expert advisor or trading robot will manage your trades based on some predetermined...
Being a Forex Trader is not that simple. Despite the fact that there are many who try it out, there is a considerable percentage who end up giving up after a while. The reasons? Well, the reason or reasons varies from one trader to another, but in...