5 Tips You Need for Placing Your First Trade in MetaTrader 5
- Trading, Trading Knowledge
- June 17, 2022
Patterns produced on candlestick (or bar) charts are created via underlying supply and demand. Demand represents buying Supply represents selling While several interpretations exist concerning structure, technical supply, and demand zones on charts can be defined as noticeable price moves to leave behind a fresh untouched base. Supply and Demand The
READ MOREThe forex (short for foreign exchange) market is the world’s most traded financial market with a daily global trading volume of (US dollar) $6.6 trillion and a constant fluctuation in currencies means the forex market offers great opportunities to profit from these price movements. Here are 4 steps on how to trade forex: Step 1:
READ MORE“Progress equals happiness”– Tony Robbins It’s not too late to make 2020 your year. Whether you’re new to the financial markets or a seasoned professional, there’s always room to improve trading performance and move to the next level. Work from a Detailed Trading Plan It’s surprising how many Forex traders operate without
READ MOREThe use of leverage, access to global markets, and the ability to trade long (buy) and short (sell falling markets), positions the CFD market as a top contender across the financial space. Contract for differences, or CFDs, are leveraged trading products that mirror the price of underlying markets. CFDs represent an agreement, or contract, between
READ MORECFD trading has experienced considerable growth since its inception in the early 1990s, brought to light by a derivative brokerage firm based in London in order to short sell using leverage. Contract for differences, or CFDs, are leveraged trading products that mirror underlying markets. Organised as a contract between buyers/sellers, CFDs are widely employed to
READ MOREAccording to the World Health Organization (WHO), pneumonia of unknown cause was first detected in Wuhan, China, on 31 December 2019. On 11 February 2020, the WHO announced the official name for the novel coronavirus as COVID-19. By mid-April 2020, coronavirus cases reached nearly two million worldwide, with the United States, Spain, Italy, and France
READ MORECOVID-19’s Effect on the World and the Forex Market According to the World Health Organization (WHO), cases of pneumonia of unknown cause emerged in Wuhan City, China, on 31 December 2019. A novel coronavirus was identified as the cause by Chinese authorities on 7 January 2020 and was temporarily named ‘2019-nCoV’. The WHO, however, officially
READ MOREOfficially declared a pandemic by the World Health Organization (WHO) on 11 March, coronavirus is an unprecedented public health issue. According to the WHO, cases of pneumonia of unknown cause emerged in Wuhan City, China, on 31 December, 2019. A novel coronavirus was identified as the cause by Chinese authorities on 7 January, 2020, and
READ MORELike traditional forms of asset-based investments, CFD trading accommodates different aims, plans and risk/reward ratios. However, CFDs are a derivative-based market – you’re buying and selling contracts between yourself and the CFD provider. What are CFDs? Purchasing shares on the London Stock Exchange (LSE) involves submitting a request to a share dealing broker specifying
READ MOREBreakouts can generate high returns in Forex trading. It’s no secret. Common as they are in the Forex market, though, they’re difficult to forecast. Bull and bear traps frequently place traders on the wrong side of the market, leading to frustration and loss. Fortunately, techniques designed to help filter these breakout moves are available. Breakouts
READ MOREDespite Foreign exchange (forex) standing as the largest financial market in the world, boasting 24-hour access five days a week, one might expect the holiday season to be the busiest time of the year. This just isn’t the case – liquidity actually diminishes across global markets. The primary driver behind price movement in the forex
READ MOREMargin call, a term often met with dread, carries with it some heavy-duty meaning in forex trading. A margin call occurs when a trading account no longer has any free margin. It is a request from the broker to bring margin deposits up to the initial margin level, also known as deposit margin, to keep existing positions open. Trading on margin offers a variety of
READ MORE