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How to use Metatrader 4

How to use Metatrader 4 comes down to opening an account, performing a quick installation, setting up the right navigation tools and you will be ready to place trades. Certainly, Metatrader 4 is the most popular trading platform for retail traders because of its simplicity and ease of use. This guide will teach you how […]

Forex Chart Patterns

One of the most important ingredients for successful trading is Forex chart patterns technical analysis. Recognizing figures on the graph is an essential part of the Forex strategy of every trader. It is vital that you learn chart patterns and their meaning. I have decided to spare some time to show you how to trade […]

Forex Spread Intro

You know that the Forex spread is an important factor in choosing which currency pairs to trade and even which broker to trade with. But what is a Forex spread? And why does it matter? In essence the spread is the difference between the Bid and the Ask price. It is what the broker charges […]

Vital Forex Trading Tools All Forex Traders Need

The life of a Forex trader is full of unpredictable events. You never know when a central banker says something that moves the market. Therefore, the need of having a set of Forex trading tools arises. Before anything, don’t think of Forex trading tools as being only technical ones. Instead, think of the sum of […]

How to do Forex Scalping with Heikin Ashi Candles

Yet another Japanese concept, the Heikin Ashi candles provide a great setup in both swing trading and Forex scalping. When the Western technical analysis world met the Japanese approach, it was stunned to find out the simplicity and the power of the Japanese candlesticks. As it turned out, the Japanese traders used candlesticks patterns to […]

Correct Placement of Stop Losses in Your Forex Trades

One of the biggest things in trading is the placement of stop losses in your trades. Part of any money management system, stop losses orders bring discipline to Forex trades. Many traders choose not to use stop losses orders. At all. The reasoning isn’t that bad. They fear brokerage houses interfere with market activity. And, […]

Retail traders often make the mistake of not knowing the best time to trade in the Forex market. For this reason, they trade all the time. However, markets don’t always move. In fact, statistics show that markets mostly range, then a trend. Hence, knowing the best time to trade and when to sit on your […]

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