How Regulators Keep The Forex Market Safe

How Regulators Keep The Market Safe
2021-July-24

Regulation plays an important role in the forex industry, as it keeps traders informed of market risks and helps protects them against bogus forex brokers. In fact, forex regulation in its simplest form is a system of checks that were put in place to ensure that the forex marketplace is safe to be in. Such checks include the setting up of legal and financial standards in order to be compliant…

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A Guide to Forex Currency Pairs

A Guide To Forex Currency Pairs
2021-July-15

In case you didn’t know, forex is the most traded product in online trading today. In this article we are going to briefly discuss the main forex pair categories. We are going to help you learn about major, minor, crosses and exotic currency pairs. We are also going to help you understand the difference between the different forex pair categories and how to approach them when an opportunity arises. Forex…

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How To Choose A Forex Signals Provider

How To Choose A Forex Signals Provider
2021-July-13

Traders use forex signals to find new, profitable trading opportunities. Forex signals are normally provided by forex brokers or forex analysts. Normally, they will monitor and analyse the forex market to identify trends, entry points, profit taking points, and stop losses. This information is then made into a trading signal and to traders via email, SMS or social media channels. The traders then review the forex signal and decide whether…

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7 Technical Indicators to Use For Forex Trading

7 Technical Indicators To Use For Forex Trading
2021-July-11

Forex traders analyse the market using either technical analysis or fundamental analysis. Technical analysis involves studying historical price movements while fundamental analysis involves studying news events. Technical analysis mostly involves using technical indicators to determine the probability of a price moving in a certain direction. The indicators apply mathematical formula where the calculations are based on price. Technical Indicators can either be lagging or leading indicators. Lagging indicators follow price…

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Understanding Japanese Candlesticks

Understanding Japanese Candlesticks
2021-July-09

There are different ways to analyse price movement in the Forex market. Technical analysis is one way to do it. It involves studying the historical price movement to determine the probable future price movement.Line charts, bar charts, and candlestick charts are applied in technical analysis. They help in showing price fluctuations across different time frames. One very popular chart is the candlestick chart. What is a Japanese Candlestick Chart? Japanese…

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Risk Management in Forex Trading Explained

Risk Management in Forex Trading Explained
2021-July-07

Risk management is one of the most discussed topics in financial trading. Most traders end up with an unsuccessful trading journey because they have never studied what risk management is and how to implement it in their trading plan. Today we’ll cover some basic risk management techniques. How Much Should You Risk? In simple terms, you should not risk more than 1% of your balance on a single trade, and…

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Metatrader 5 – A Guide To Using MT5

MetaTrader 5 - A Guide To Using MT5
2021-July-05

Access to the forex market is important to forex traders. With billions of transactions done daily in the market, opportunities to make profits are immense. This is where trading platforms come in. Trading platforms are what gives traders access to the forex market. They are where you do your research, plan your trades, and execute your trading strategy. The most commonly used trading platforms are Metatrader 4 (MT4) and Metatrader…

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Lots, Leverage and Margin Explained

Lots, Leverage, And Margin Explained
2021-July-04

There’s a lot to learn when it comes to trading, and all the complicated terminology certainly doesn’t help.Here are a few essentials to help you get started. Pips You might have noticed that currency pairs are usually shown to four decimal places. The pip is the 4th digitshown. So, if the price goes up by 0.0001 then the price has gone up 1 pip. The only time this doesn’t applyis…

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Understanding The Different Types of Trading Orders in Forex

Understanding The Different Types of Trading Orders in Forex
2021-July-01

In order to open a position, you need to place a trading order on a trading platform. The trading order tells your broker what you want to trade and at what price. It also tells the broker how and when you want to execute the trade. In this article, we’ll look at the different types of trading orders and how to use them when trading. Types of Trading Orders There…

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4 Forex Chart Patterns You Need To Know

4 Forex Chart Patterns You Need To Know
2021-June-26

There are many strategies you can use to trade the Forex market. One strategy is to use Forex chart patterns that regularly occur in the market. These patterns show can you which direction the price may be going in. Some of these Forex patterns are: Double Top This is a pattern that forms after an uptrend. The tops are formed when the price reaches a certain level and can’t rise…

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