“Three-Drive” is one of the simplest, but effective patterns of classical technical analysis, also known as “Three Indians”.
Many beginners experience difficulties mastering MT4 terminal. In this article, we’ll describe in details the process of templates installation and activation.
MetaTrader 4 terminal enables placing various arrows on the chart. This is an in-built feature of the software, but many other arrows may be added in addition to the standard ones.
MetaTrader 4 templates are ready-made sets of visual settings. These settings can be applied to a separate window of the terminal that will result in changing its appearance as well as adding various indicators to the chart.
In this article, we will talk about the best-suited currency pairs for the carry trade strategy.
The number of those who’re new to our business increases every day. And reasonably, many of the newbies usually face a bunch of young investors' typical mistakes. But how to avoid them, you'll ask?
“Head and shoulders” pattern is probably the most famous of those occurring in the market and the one from which people start getting to know technical analysis and the market as such.
The “Flag” pattern is a technical analysis tool in the Forex trading that predicts continuation of the current market tendency (trend) and consists of two parts: the “flagpole” and the “Flag” (the channel within which the price moves).
The “Pennant” pattern is a technical analysis tool; when the pattern is complete, trend continuation is expected. The pattern itself represents a temporary pause (retracement) in the actively developing trend.
The “Wedge” pattern is a technical analysis tool in the Forex that predicts the approaching market tendency (trend) change.
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