Forex trading

Even though volatility suggests a breakout is close, it does not predict a breakout direction. Ponsi suggests using trendlines and trade in the direction of price pushing through one of those.
It can be defined as having higher lows and consecutive higher highs, until the price consolidation becomes stagnant. Commonly found in longer timeframes, triangles are formed when prices meet with the highs and lows of the day to form a tighter price area. Longer term patterns like these usually take mor […]

FXPesa are a MetaTrader 4 offering broker, and latest MT5 or cTrader is not available with them. But they have their own platform which is available on all devices.
Forex broker regulation is split among the various financial and geopolitical jurisdictions in the world. While most brokers will conform to rules imposed by regulatory agencies, there are some that do not. For example, some companies intentionally set themselves up in regions not affected by the ESMA but still advertise to European […]

Rather should use a factor less than 2 in determining his stand after a win. Doing this makes them have a profit even after a series of losses. The place where doubling-up depicts risking the entire account emerges unavoidably. In a lengthy period of the term, every merchant will taste a sequence of losses, and just one of such is enough to empty the entire trading account. If your forex broker decides to change their fee or trade commission structure, it could have a negative impact on your tr […]

If you increase your success rate to 80%, You will start to make more profits. This is the reason, we always recommend our users Do Not trade forex market all the time, trade forex only at the best accurate trade setup. Find the best trading plan that works well for you to enter and exit the trade with proper take profit target or stop loss level.
Although most traders are familiar with the figures above, they are inevitably ignored. Trading books are littered with stories of traders losing one […]

Of course, you can always combine market sentiment analysis with technical and fundamental analysis to come up with better trade ideas. The retail forex sentiment data provided by myfxbook.com allows us to get an idea for what market sentiment in major currency pairs is among a predominantly retail crowd. Forex sentiment indicator There are different ways of using the client sentiment in trading, but the majority of traders are using the client sentiment as a contrarian indicator. If there is a […]