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.
MQL stands for meta quote learning. MQL is a high-level object-oriented programming language. Operation speed and flexibility of the language allow you to develop very complex programs with a large number of calculations and accurately manage almost...
Because both sides of the triangle are inclined at the same angle, the name is self-explanatory. The model is neutral and difficult to use. As you can see, the situation is as follows. Values grow at minimums and decrease at maximums. Due to this...
Scalping is for me the best thing that works for me. Although some brokers may frown on you scalping, I believe very good brokers that use ecn or ndd technology should not have an issue with this, aside from those who have nothing to lose.
Practice is the most inmportant factor to acheieve success in forex trading. But most the newbies prefer to traderight away than get bored in trading in demo account. I really do not know why they get bored in demo account but i guss they are...