The 3 Best Ways To Do Market Analysis

What every newbie should know about forex trading

To start, let’s look at three ways of analysing and developing trading ideas. There are three main types of market analysis. These are technical analysis, fundamental analysis, and sentiment analysis. Many traders choose to stick to one type of forex analysis is better, but the best traders usually know how to do all three types of analysis. Technical Analysis This type of market analysis involves studying price charts. The goal…


How to Trade Forex With $100

trade forex

Forex trading involves buying and selling currencies, with the expectation that you will make a profit from the changes in value of these currencies. The forex market is the largest financial market in the world. It provides many opportunities for many people, including retail traders like you, to make a profit. The best part? You don’t need a lot of money to start trading. In this article, we’ll look at…


MetaTrader 4 – A Guide to Using MT4

MetaTrader 4

Understanding the MetaTrader 4 Platform MetaTrader 4 is one of the most popular and widely used software applications for Forex trading. MT4 can be used not only for technical analysis, but also for placing and managing orders. Here we examine how to use it in trading. How To Install MetaTrader 4 You need to download MT4 from your broker’s website (every Forex company has its own MT4 platform), or if…


How to Trade Cryptocurrencies

What discourages traders?

Cryptocurrencies are digital currencies that are stored in electronic wallets. A cryptocurrency can be used as a medium of exchange. It can also be used as a trading instrument. Read on to find out how to trade cryptocurrencies. What are cryptocurrencies? Some of the most well-known cryptocurrencies are Bitcoin, Ethereum, Ripple, Dogecoin, Litecoin, and Cardano. Here are some fun facts about cryptocurrencies and how they work: 1 – Cryptocurrencies are…


What Every New Trader Should Know About Forex

What every newbie should know about forex trading

Forex trading can be lucrative for many people. That said forex trading can also be a bit risky. As a new trader, there are a few things you need to do before you open a live account. Here are our thoughts on where you should start. Invest In Your Forex Education If you want to trade forex, you need to learn how to do it properly first. Learning about forex…


What is Forex Trading?

What is forex?

Want to find out about Forex? You’re in the right place. In this article, we will cover all the basic information you need to know about forex trading and the forex market. Read on to find out more. What is Forex? Forex stands for Foreign Exchange and is the buying and selling (exchanging) of currencies The goal with forex trading is to make a profit from the change in currency…


What Is A Pip In Forex?

What is a pip?

A pip is a unit of measurement that indicates the smallest change in value between two currencies. The term “pip” stands for Price Interest Point or Percentage in Point. Pips are quoted to either four or two decimal places. For most currency pairs, pip movements are quoted to the fourth decimal place. The one exception to this is the Japanese Yen (JPY), which is quoted to the second decimal place….


Understanding The Difference Between MT4 and MT5

the difference between mt4 and mt5

The MetaTrader 4 and 5 are popular trading platforms provided by brokers around the world. MetaTrader 4 (MT4) is the most popular and was launched on July 1, 2005. The MetaTrader 5 (MT5) was released on June 1, 2010, and it came with more features than the MT4. Both platforms provide trading tools for their traders. Also, traders can gain access to the markets through these platforms. Although both platforms…


How to Use Trading Tools in MT5

trade forex

It’s important to understand how to use MT5 and its various trading tools. Having that knowledge enables you to use the MT5 to your advantage. For example, you can use the trading tools in MT5 to develop trading strategies. In this article, we’ll explain what they do, where to find them, and how to use them on the platform. Chart Types Some of the most important tools you’ll need to…


Metatrader 5 – A Guide To Using MT5


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…