The Pattern Pulse - 25 April 2024
- Popular Posts, Recent Posts, Technical Analysis, Trading Knowledge, Trending Now
- April 25, 2024
Knowing your trading platform inside and out is essential for forex traders to improve their technical analysis on the MT5 & MT4 platform. The following tutorial aims to help those who trade forex gain mastery over their trading platform and gain the edge they need in the forex market as they trade currency pairs and
READ MOREReading time: 7 minutes Today’s society is fast-paced and constantly evolving. Having the ability to make decisions is an imperative skill in all professions, particularly in trading and investing. In fact, one of the greatest challenges retail traders and investors face is choosing a suitable trading platform. Although proprietary trading platforms are available through most
READ MOREWhat are Shares? Boasting a long and colourful history, trading in shares remains popular among retail traders and investors. Often referred to as stocks or equity, shares represent units of ownership within a company. Dividend payments are common with some companies, a method of sharing company profits with shareholders. In addition to traditional share dealing,
READ MOREWhat is CFD Trading? Traditionally, we know that currency is a medium of exchange usually issued by governments and generally accepted at its face value as a means of payment. The value of a currency is mostly determined by the demand for it, just like the value of goods and services on an exchange rate.
READ MOREReading time: 12 minutes Although the author of several well-known trading books, Gerald Appel is perhaps most recognised as the developer behind the Moving Average Convergence Divergence indicator (MACD), introduced to the world in the 1970s. Interestingly, Appel also founded Signalert Corp. in 1973, a widely read newsletter to this day called Systems & Forecasts.
READ MOREReading time: 8 minutes As a leading software developer for brokerages around the world, MetaQuotes Software Corp. dominates the retail foreign exchange industry (often referred to as the Forex market). Established in 2000, the release of MetaTrader 4 (MT4) in 2005 was considered a turning point for the company and remains a popular trading platform.
READ MOREReading time: 8 minutes The foreign exchange market serves as an online platform to buy and sell currencies — think euros (EUR), US dollars (USD), British pounds (GBP), Japanese yen (JPY), Swiss franc (CHF) and Australian dollars (AUD). Fundamental analysis and technical analysis are primary research tools employed by Forex traders on a daily basis.
READ MOREReading time: 8 minutes Interest in the foreign exchange market continues to grow. The foreign exchange market—commonly referred to as either the Forex market or FX market—represents a decentralised global marketplace, a platform designed for speculation and hedging in currencies. As evidenced in the 2019 Triennial Survey of turnover in OTC FX markets (BIS), trading
READ MOREReading time: 8 minutes What are Shares? Boasting a long and colourful history, trading in shares remains popular among retail traders and investors. Often referred to as stocks or equity, shares represent units of ownership within a company. Dividend payments are common with some companies, a method of sharing company profits with shareholders. In addition
READ MOREReading time: 10 minutes ‘It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong’—George Soros ‘Frankly, I don’t see markets; I see risks, rewards, and money’—Larry Hite A key factor behind Forex trading success is an appropriate balance between
READ MOREReading time: 9 minutes The foreign exchange market—known by most as the Forex market or currency market— is unique in many ways. The Forex market’s gargantuan presence, boasting a global daily currency turnover of US$6.6 trillion per day, is enough to leave most open-mouthed. Until the 1990s, Forex trading, or currency trading, was a practice
READ MOREReading time: 7 minutes ‘What are the most brilliant of our chemical discoveries compared with the invention of fire and the metals?’ – Benjamin Disraeli, UK Prime Minister (1874 – 1880) Over the past two decades, metal prices experienced notable price volatility. The World Bank’s Metals and Minerals Price Index trades at 90.28, as of
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