What’s Better: Bars or Japanese Candlesticks?
There are three types of charts in MT4 terminal: candlestick, bar, and line charts.
There are three types of charts in MT4 terminal: candlestick, bar, and line charts.
Successful Forex trading requires not only a good trading system, but also understanding of all the market processes, their correct interpretation, and application.
What do you think is the best Risk and Reward Ratio on the Forex market?
A brief psychological note on how to protect yourself against tilt (distress) as a result of a series of losing trades.
In a recent MT4 update, developers added a new tab to the terminal. It was integrated into MT4 from a more up-to-date MT5 terminal and is called “Exposure”.
We all want to be on the plus side in Forex. But how do we assess our profitability? In most cases, we compare the amount of incurred losses with that of profit. However, this indicator alone cannot be sufficient motivation.
Correlation is a statistical relationship between two and more random variables. The Forex correlation coefficient usually varies from -1 to 1 or sometimes from -100 to 100.
A synthetic currency pair is a pair artificially created by opening two opposite positions for other currency pairs in Forex.
The “Dragon” pattern is a simple pattern of technical analysis that refers to reversal price models and its occurrence predicts the future change in the market tendency (trend).
“Three-Drive” is one of the simplest, but effective patterns of classical technical analysis, also known as “Three Indians”.
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