Month: February 2020

How to Trade the Wedge Patter in Forex

The wedges are one of the most common patterns in Forex trading. Also, it is one of the most familiar figures in Forex as it consists of two converging trend lines that can be easily spotted in a chart.  Essentially, a wedge pattern is a price formation that consists of two converging trend lines, which […]

MetaTrader 4 vs 5 Cover

Choosing the right Forex trading platform is one of the key elements that most traders are curious about. In the list of the top platforms, MetaTrader 4 (MT4) remains as the most popular, however, since the appearance of MetaTrader 5 (MT5) in 2010, the debate of whether using one version or another has grown significantly. […]

Forex Trading Hours Cover

As Forex traders, it is very important to know what is the availability of the market. Moreover, it is important to understand how do the different trading hours or sessions impact your trading strategy. The Forex market is open 24-hours a day from Sunday 10:00 PM GMT to Friday 10:00 PM GMT, this includes most […]

How Forex Trading Works

by Team ForexBoat

How Forex Trading Works

The Forex market is where traders exchange currencies. Topping $5 trillion in daily turnover, it is the biggest financial market. It started in 1971 and was the exclusive preserve of the big banks. However, things changed in 1997 when the internet rose and liberalization of the market, enabling you and me to participate. Forex trading […]

Best Forex Indicators

Forex indicators are a big part of technical analysis and they offer some wonderful uses for traders. These include being able to quickly and easily spot trends,  to give trade ideas, to create trading signals to give entry and exit points, and they even confirm those signals, further taking the guesswork out of trading. Some […]

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