• What to Expect on MetaTrader 4 (MT4) Online Platform? Find Out Here

    What to Expect on MetaTrader 4 (MT4) Online Platform? Find Out Here

    • August 10, 2020

    MetaQuotes Software Corp, established in 2000, are a leading producer of online trading software in the financial markets. According to the company, the release of MetaTrader 4 (MT4) in 2005 was a breakthrough, with MetaTrader 5 (MT5), a multi-asset trading platform, following five years later. MT4 delivers rapid execution, provides real-time market prices (quotes), allows

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  • How to Manage Your Risks in CFD Trading

    How to Manage Your Risks in CFD Trading

    • August 10, 2020

    We all want to be right. Unfortunately, it’s not possible to be right all the time. That’s why risk management in the CFD market is crucial.   What are CFDs? CFDs, or contracts for differences, are leveraged derivative products offering a cost-efficient way to trade the financial markets, including shares, foreign exchange, indices, commodities, and

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  • US Employment Data in Focus – July

    US Employment Data in Focus – July

    • August 6, 2020

    Release: Friday at 13.30pm BST Employment data is a widely watched indicator due to its timeliness, accuracy and importance, as well as a leading indicator of consumer spending. The non-farm payrolls release is a measure of new payrolls added by private and government organisations in the US, reported each month by the Bureau of Labour

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  • July 31st 2020: DXY Continues to Explore Lower Terrain Despite Risk-Off

    July 31st 2020: DXY Continues to Explore Lower Terrain Despite Risk-Off

    • July 30, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The month of May, as you can see, recovered off worst levels out of demand from 1.0488/1.0912 and closed firm. This prompted an extension in June to highs at 1.1422, adding 1.2% despite also running into

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  • 5 Common Forex Trading Mistakes & How to Avoid Them

    5 Common Forex Trading Mistakes & How to Avoid Them

    • July 30, 2020

    A quality among all consistently successful traders is avoiding mistakes.   Mistakes can be expensive and emotionally damaging.   No matter how long you’ve been trading in the financial markets, you’re bound to experience lapses in discipline. To help lessen the impact, here are five common trading mistakes beginner traders, and sometimes experienced traders, make

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  • July 17th 2020: US Dollar Index Snaps Four-Day Losing Streak off Daily Support at 95.84

    July 17th 2020: US Dollar Index Snaps Four-Day Losing Streak off Daily Support at 95.84

    • July 16, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The month of May, as you can see, recovered off worst levels out of demand from 1.0488/1.0912 and closed firm. This prompted an extension in June to highs at 1.1422, adding 1.2% despite running into opposition

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  • MT4 Trading: CFD Commission Rates and Fees Explained

    MT4 Trading: CFD Commission Rates and Fees Explained

    • July 13, 2020

    CFDs, or Contract for Differences, are popular financial derivatives enabling market participants to speculate and employ hedging strategies in the markets, without taking ownership of the underlier. Formed by way of agreements between buyers and sellers, CFDs are cash-settled transactions. CFD trading does not facilitate the physical delivery of underlying assets, unlike futures and options.

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  • July 10th 2020: DXY Firms as Risk Sentiment Sours

    July 10th 2020: DXY Firms as Risk Sentiment Sours

    • July 9, 2020

    EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The month of May, as you can see, recovered off worst levels out of demand from 1.0488/1.0912 and closed firm. June extended gains to highs at 1.1422 and finished adding 1.19%, despite running into opposition at

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  • Improve your Analysis: Understand the Basics of Price Action

    Improve your Analysis: Understand the Basics of Price Action

    • July 6, 2020

    The main challenge for new traders is information overload. Newer entrants often suffocate charts with technical indicators, seeking the holy grail of trading strategies. Price action, however, proposes a cleaner alternative. Some traders refer to this as ‘trading naked’. The Basics All financial markets generate data – data that can be observed through price charts.

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  • Forex Trading Success: A Winning Mindset

    Forex Trading Success: A Winning Mindset

    • July 6, 2020

    Mindset determines everything. Mindset refers to mental attitude. It is the way in which we think and approaches situations. Regardless of how knowledgeable a trader you are, the absence of mental fortitude will prevent you from reaching your true potential. A winner overcomes adversity, committed to the goal: trading success. A loser is fragile, often

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  • Daily Affirmations That Can Help Your Forex Trading

    Daily Affirmations That Can Help Your Forex Trading

    • July 6, 2020

    The things you say to yourself is often what is done. Jim Carrey, a Canadian-American actor, is known for his faith in positive affirmations and thoughts. Before his success, Carrey boldly wrote himself a cheque for 10 million dollars for acting services rendered, dated 10 years in the future (Thanksgiving 1995), and kept it in

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  • Key Features of Myfxbook AutoTrade System Explained

    Key Features of Myfxbook AutoTrade System Explained

    • July 6, 2020

    Powered by Myfxbook, AutoTrade offers a complete solution for both signal providers and investors (or subscribers). AutoTrade is a fully automated account mirroring service, boasting an enormous user base of more than 90,000 members. Loaded with a feature-rich interface, AutoTrade’s platform offers unparalleled trade analytics and allows investors to subscribe to as many trading systems

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