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Hello , Many traders believe that they can be in profit only if they place a lot of trades. That is a completely wrong midset. My experience has shown me that overtrading leads us to mostly red days. You don't have to place a lot of trades in order o be profitable...
Hello traders, One more day that markets were not moving much.I managed to spot 3 quality setups. A short setup on EURJPY H4, a long setup on GBPJPY M15, and a long setpup on US30 H1. I closed the short setup on EURJPY with a small profit and the other two i closed them in total profit...
Trading strategy for MetaTrader 4 based on the SFT Normalized ATR indicator The strategy is suitable for any currency pairs, as well as for trading metals, indices, options and cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc...
As I read through chat forums full of Forex traders describing their trading methods, it strikes me that it is extremely common to attempt to gain control over the trading process by adopting targets for just about every variable...
GBP/USD is correcting losses and trading above the 1.2000 zone. USD/CAD is struggling to clear the 1.3650 resistance zone. Important Takeaways for GBP/USD and USD/CAD · The British Pound started a decent recovery wave above the 1.2000 resistance zone...
How to Use The Expert? Run Incantation just on one chart – EURCHF (timeframe only H1). Once it’s attached to a chart, it will automatically scan charts of other currency pairs and open positions accordingly. How to fix error 4752? This error indicates that you’ve not enabled auto trading...
EUR/USD: Pause in the 1.0600 Zone ● On Thursday, March 02, the DXY dollar index broke again through the bar at 105.00 points but could not stay there. As usual, the dollar was supported by an increase in US government bond yields...
Day trading is all about watching chart all the day and sometimes on night too, A day trader executes multiple trades in a day and tries to make profit using leverage provided by broker. In Crypto broker provides upto 200x leverage while in Forex, broker allows unlimited leverage...
Hello friends! So, it's my new EA developed for quick overclocking of the deposit. To overview with MyGainer EA please follow the link: https://www.mql5.com/en/market/product/94167 The results of testing it on demo and real accounts can tell more about the expert advisor...
Although it may sound counter-intuitive, typical use of Forex indicators can actually cause an inexperienced trader to lose money, rather than make money...
This manual describes the general characteristics of advisors: AW ADX based EA -> MT4 VERSION / MT5 VERSION AW CCI based EA -> MT4 VERSION / MT5 VERSION AW Classic MACD EA -> MT4 VERSION / MT5 VERSION AW Envelopes EA -> MT4 VERSION / MT5 VERSION AW Ichimoku EA -> MT4 VERSION / MT5...
Here are five forex books for beginners: "Currency Trading for Dummies" by Kathleen Brooks and Brian Dolan "The Little Book of Currency Trading" by Kathy Lien "Forex Trading: The Basics Explained in Simple Terms" by Jim Brown "The 10 Essentials of Forex Trading" by Jared Martinez "How to Make a L...
February 2023 Results: Euro and Gold Bring Tens of Thousands of Dollars in Profits to NordFX Traders
The brokerage firm NordFX has released the results of its clients' trading performance for February 2023. In addition, the company evaluated its social trading services, PAMM and CopyTrading, as well as the profits obtained by its IB partners...
Gold has been considered a safe haven asset for centuries, and its price is influenced by a wide range of factors. News about the economy, politics, and international relations can all impact the demand for gold and, in turn, its price...
EUR/USD is correcting higher from the 1.0520 zone. USD/JPY is also rising and might rally further above the 137.00 resistance. Important Takeaways for EUR/USD and USD/JPY · The Euro started an upside correction above the 1.0550 resistance zone...
Scalping is a popular trading strategy that involves opening and closing multiple trades within a short time frame to profit from small price movements. As a result, traders who use this strategy rely on high volatility and liquidity to maximize their profits...
Scalping is a popular trading strategy used by traders in the financial markets to take advantage of small price movements. It involves entering and exiting trades quickly, sometimes within a few seconds or minutes, to profit from small price fluctuations...
The Stochastic indicator is a popular technical analysis tool used in trading to help identify potential entry and exit points. It was developed by George Lane in the 1950s and is widely used by traders to this day...
RSI (Relative Strength Index) is one of the most popular technical indicators used in trading. It was developed by J. Welles Wilder in the late 1970s and is widely used to identify overbought and oversold conditions in the market...