What is Timeframe?
Timeframe is a way of grouping prices to display them on the chart in a more convenient manner.
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What’s Better: Bars or Japanese Candlesticks?
There are three types of charts in MT4 terminal: candlestick, bar, and line charts.
Gap in FOREX: Definition, Features, and Strategy
Successful Forex trading requires not only a good trading system, but also understanding of all the market processes, their correct interpretation, and application.
What is the Best Risk and Reward Ratio?
What do you think is the best Risk and Reward Ratio on the Forex market?
A Little Trick Protecting You Against Tilt at the First Losses
A brief psychological note on how to protect yourself against tilt (distress) as a result of a series of losing trades.
“Exposure” Tab in MT4: What’s It For?
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”.
Psychology of Breakeven: Don’t Let Your Profits Run Away
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 in Forex
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.
Synthetic Currency Pairs
A synthetic currency pair is a pair artificially created by opening two opposite positions for other currency pairs in Forex.
“Dragon” Pattern 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).
