Anastasia Ardo

Although the automatic correction system works most of the times, the system might not work in certain situations such as wartimes due to human psychology. In those cases, fixed exchange rate system would have forced the central bank to keep order. Of fixed or floating, this system is sometimes chosen because it involves the loss of national monetary autonomy. Of fixed or floating, this system is sometimes rejected because it involves the loss of national monetary autonomy. Therefore, the advan […]

Look for long trade opportunities when the slope of the Fibonacci Bands bands are pointing to the upside. Auto Fibonacci Indicator for MT4 is a Metatrader 4 indicator and the essence of this technical indicator is to transform the accumulated history data. The variables of the underlying Zigzag indicator can be modified under the Inputs tab of the Auto Fibonacci settings.
They are percentages that are derived by dividing certain numbers in the Fibonacci sequence by other numbers in the sequence […]

Trend Envelopes Indicator is simply the best Forex trend indicator that you may have ever experienced. Likewise with our Envelopes indicator, the slopes of our bands will change after a market shift has occurred. How much more slowly this occurs is a function of the size of the period — which is a double-edged sword.
At this point, the indicator automatically identifies levels where the price would likely come back to for a bounce before it continues in the direction of the trend. Another one o […]

The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
As opposed to having a trailing stop at every pip, with the fixed-step option, you can set it to trail every 10 pips, 20 p […]

This up thrust is then followed by a further decline in the price of the currency pair. If we had placed the stop loss too tight, it would have been triggered, hence, we could have exited the trade when it’s too early. This has been placed at a relative position right from the point of entry. This is to ensure that it is not triggered by the volatility that occurs during the reversal of a trend. However, with the above approach, you may realize that your stop loss is at a level that is to […]