The main focus of this article is to walk you through the process of developing its own system. Does not take much time to build a system, but it takes a long time for his extensive testing. Therefore be patient, because in the long run, a good system you can make a lot of money. The first thing you need to decide when you are creating your system is kind of trader you are. Are … [Read more...]

I traded directly, or use the signals   but I read strategy first top 10 signal provider, analyzed their results, and read user comments. Here are some observations. Signals Providers  are trying to with a better strategy device constantly good result without great loss. It  means that all high-risk strategy immediately fall into the water. For companions signals, especially … [Read more...]

Sunday: Needless explanation as major banks are not open on Sundays and therefore no activity. Friday: Some traders profit / reduce losses on Fridays, others do not, options stand out on Fridays, NFP (Non Farm Payrolls) also is published every first Friday of the month. You understand already. Friday is unpredictable day for forex traders. Shares on the New York Stock … [Read more...]

You can buy it's cheap and sell when it is expensive. It can be quite hard work from day to day. If you catch a real currency pair (the one with a positive interest rate differential) at the right time, then you can be sure that you collect money from the market. You can add significant  to your account, together with your trading strategy. The strategy of buying currencies … [Read more...]

Somebody could be looking at forex as something quite simple: you just need to know which currency pair to trade, when to enter and when to get out. (The exception is the carry trading, where we need to pay attention to some other factors). Here we will discuss some of the main signals that tell you when to exit the trade. The basic bag of tools, which you get for free from … [Read more...]

Trading on the Forex market recognizes and classifies the different styles of trading, because of the fact that there is a wide field of tactics and strategies for trading and analysis of the currency market. Longtime development and improvement of basic and complex method of trading on, certainly, the most complex international financial markets, have resulted in the … [Read more...]

The price of oil affects the industry of countries and their currencies, which is favorable to all those who are engaged in speculative activities trade on the forex. Prediction next movement in the market is the key to making money, but this simple concept is practically very difficult to apply in practice. This is due to numerous factors that influence the global market, … [Read more...]

Metatrader 4, AKA MT4 is an online trading platform widely used by retail forex traders. Metatrader 4 is the product of Metaquotes software. MT4 is also used for trading contract for differences (CFDs) and futures markets.  MT4 can be downloaded at free of cost through various online forex broker’s websites.  MT4 is one of the most popular trading platforms among the forex … [Read more...]