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TOP 8 FOREX TRADING STRATEGIES
WHAT IS A FOREX TRADING STRATEGY? A forex trading strategy defines a system that a forex trader uses to determine when to buy or sell a currency pair. There are various forex strategies that traders can use including technical analysis or fundamental analysis . A good forex trading strategy allows for a trader to analyse the market and confidently execute trades with sound risk management techniques. 1. PRICE ACTION TRADING Price action trading involves the study of historical prices to formulate technical trading strategies. Price action can be used as a stand-alone technique or in conjunction with an indicator. Fundamentals are seldom...
Advantages of Metatrader 5
WHAT IS METATRADER 5? MetaTrader 5 is an online trading platform that is an updated version of MetaTrader 4 but has many more additional features than MT4. The famous platform, MT5, is known for supporting multiple trading assets. The traders can trade stocks and futures on the platform along with Forex. The analysis tools on the platform are wealthy and are extremely helpful for price analysis while trading. Also, the traders have the opportunity to keep an eye on trading in other markets. The platform has in-built robots for automatic trading, copy trading, virtual hosting, and a database of...
WHY TBF SYSTEM IS THE BEST FOREX SYSTEM ?
what is System? TBF System is not a simple tool, its combination of 4 smart Indicators. TBF system uses 4 indicators at same time to analyses the market data and give the highest accuracy signal. With 82% verified Accuracy, TBF system become most popular system for Forex Trading. On chart BUY/Sell signals on all time frame for any forex pair. How it's work? TBF works on all forex pairs and time frame and it's up to users to select which pairs to trade and its profitable on all pairs but the best time frame to use is H4,H1 and M15...
WHY METATRADER 4 IS THE MOST PAPULAR FOREX PLATFORM?
Trading platforms are increasing every passing day in number. Forex Trading has become a trending topic, and numerous people are trying their luck in it. Traders who are new to trading do not have much idea regarding the famous platforms, the best ones, and the platforms they must consider. Undoubtedly, one of the most challenging decisions for a trader is to pick the most suitable, dependable, and easy-to-use trading platform for safe and active trading. Remember that the right trading platforms' conclusion will significantly impact the trading strategies and amount of profits through trading. You might have come across...
What is repainting in Forex?
Repainting in the forex is a term that represents the trading platform indicator that repainting, it means that Repainting indicators always use future data (bars to the right) to come up with values and entry signals. This is how repainting indicators make sure their historical entry and exit signals look extremely accurate and flawless when actually it is not. Generally, it is a cheat indicator that looks great on the back-test but it cannot be used for live trading. In most cases, it calculates future data (candles to the right) to show more accurate values or entry signals. In the real-time world, we do not know what will be the open,...
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