Forex Trading and Miscellaneous

Literature is an important self-educating tool for any trader on financial markets. Learning new things helps a trader minimizes his expenses and increases his earnings. We bring the best books on technical analysis to your attention, which will be useful to both novice traders and professionals. Technical Analysis Books “Technical analysis: Simple and clear. ” […]

Unsystematic trading forces the traders to work harder and harder in the hope of making a profit. It gets to the point that they develop a real addiction to trading. Some traders start to trade too actively. Mostly it concerns short positions. And the reason is simple – the trader has not identified a constructive

For many novice traders, the term “Liquidity” is a vague concept of which they have little understanding. Today we will try to fix it. This article will find out what liquidity is in Forex and why you need to pay attention to it during trading. What is liquidity in the market? For you to understand,

From the process of price change, we already know that it occurs due to the predominance of one of two parties – sellers or buyers. For example, if at 1.2100, you are ready to buy 200 lots, but want to sell 220 lots, then the price will decrease. This will happen because 200 lots will

You try to trade as much as possible, always sit in front of the trading platform and try to catch the slightest price changes. This leads to the fact that you begin to perform chaotic actions that lead to negative results. This happens due to a large number of hasty transactions and complete non-compliance with

First, you need to study the features of trading terminal. As a novice trader, you should open a demo account and explore the features of the terminal. Some experienced traders advise against working with a demo account because it can be delusional. A newbie who doubles his demo account in a couple of weeks tends

There are several ways to open and close trade transactions in the trading terminal. First way. Press the “New order” functional button on the panel or use the F9 key. Second way. Right-click on any area of ​​the price chart and enter the “Trade” menu. Third way. Call the “Market Watch” window by clicking the

This is a matter of comfort and psychology, as you can better concentrate on trading if you are serious about organizing your work area. Every trader needs a well-organized workplace. Internet connection The Internet is one of the key factors for a trader’s successful work; you need a stable and fast connection. If the connection

If you still do not know what Japanese candlesticks are, then keep reading and learn what you have missed in your trading so far. Japanese Candlesticks are a type of charting method that is widely used around the world by traders of financial markets. First, let’s take a little historical background. Who invented the candles?

Price Action is one of the most effective trading strategies in the Forex market. Its uniqueness and profitability are confirmed by all traders who have chosen it and this is not casual because this strategy analyzes the price and patterns that it has formulated itself. This analysis allows not only to assess the behavior of