Forex trading is probably the most ambiguous type of trading. There's no “Good”, “Bad”, “Right” or “Wrong” here; there's only a trader's subjective opinion of the market and the things happening there!
What is the domino effect? Simply put, this is a chain reaction where a change of one element triggers similar changes of neighboring and subsequent elements in a linear sequence. Now let’s project this concept on the Forex market.
Currency pairs correlation is usually the thing that everybody has heard about before but nobody really knows how to use it properly.
In this article, we are going to tell you about Alerts in MT4 terminal, their creation and customization in full details, and we will also mention an example of when you can effectively use alerts in practice.
Have you ever asked yourself why price goes up or down, and what makes it do so?
The guide composing of five parts is intended to help beginners in mastering the Order Book and its derivatives faster.
By different estimates, psychology makes up to 70-90% of successful trading, and thereby perfectionism will affect your trading results as a psychological "malady" by some means.
The Forex investor password is one of two key passwords used for authorization in MetaTrader 4 (MT4) terminal. The password gives you access to monitor a trading account but it doesn’t allow you to make trades.
First you need to understand what does the spread mean in Forex and to be honest, it's not that difficult.
The first time the traders notice the existence of pending orders in the terminal, they often wonder what is the difference between them… Limit Order vs Stop Order, what is their purpose and how to distinguish them?
