Forex Range trading is a type of strategy used in trading to find the entry and exit points of a market. In other words, it refers to finding a range in a market that constantly trades between two lines of support and resistance. Drawing trend lines between highs and lows is one of the common…
Leverage in forex refers to the facility that the brokers provide to their customers (traders) to control more significant positions in the Forex market using a smaller amount of capital. It allows traders to enter trades with borrowed funds, known as margin, thereby boosting their potential returns. While leverage can boost profits, it also magnifies…
To do trading in Forex, a trader should adopt the Forex trading strategies that are suitable according to his trading habits and manner, which gives him more profit on this basis. Suitable trading techniques in Forex will teach traders when to trade, for how long, and how to manage their money. Each trading strategy has…
MetaTrader 5, is an online trading platform that is designed in a way where Forex and stock traders do automate trading with the help of robots, signals, and fundamental analysis. It provides traders with web-based trading, algorithmic trading, mobile access, and advanced technical analysis tools. Traders who use MetaTrader 5 can predict market trends with…
Risk management is the most crucial step in trading because if you don’t manage the risks, you cannot make a profit and the trading won’t go as smoothly as expected. Risk management in trading involves spreading your trade across the industry to minimize the potential loss. It leaves enough of your trading funds to recover…
For many years, MetaTrader 4 and MetaTrader 5 have dominated the FX trading world as premier choices for brokerages, delivering a package of functionality and tools that suit each individual: from newbies to pros. However, with the changes in policies followed by tighter regulations recently from MetaQuotes, many are now finding the best MetaTrader alternatives…
MetaTrader 4 (MT4), is a globally known trading platform which is created by MetaQuotes in 2005. It is Globally utilized for forex trading. Along with this, it is also flexible enough for handling trading in indices and commodities through CFDs. MT4 forex trading platform is popular and favored by traders for two main reasons. Firstly,…
A commodity is a primary or basic good used to make the final goods and is interchangeable in commerce. Grain, gold, silver, oil, and natural gas are all examples of commodities. Commodities in forex can be an essential tool for investors to diversify their portfolios. When commodities are traded on an exchange, they must also…
A proper knowledge of basic Forex terminologies is a must to handle the complexity of Forex trading. The world of forex is never in fixed nature, it always has opportunities that constantly change. This makes novice traders nervous at the beginning of their trading journey. Mastery of market language is essential to successfully maneuvering this…
Trading platforms integrate the technology behind trading, buying, and selling, providing market participants with direct access to electronic communication networks via intermediaries such as online brokers. Many of these brokers offer trading platforms either free or at a discount in exchange for maintaining an account balance and/or order activity levels. The very best of the…
