Forex Blog

Aspects that affect exchange rates are usually news reports, which are submitted in the form of advertisements in the media.

For a beginner forex trader, using a trend group of indicators helps to distinguish the direction of the exchange, at the moment. This is important because a beginner really can not cope with this task without the help of a special tool.

Replenishing your knowledge and learning to understand forex charts correctly, the trader will definitely be easier, his transition from theory to practice will not be so tangible, and it will be much easier and easier for him to practice on both the demo and the real account.

The main thing is to choose a suitable session and favourable conditions for trading.

The technical methodology is based on the study of past price behaviour: based on the analysis of previous indicators, conclusions are drawn about future forecasts and possible price directions.

Using all his knowledge, experience and being responsible, the stock trader enters the transaction with his funds, which means that he must necessarily take into account the main goals - income generation and risk management

Trading platform Metatrader4 (MT4) is a popular forex platform, which is deservedly considered one of the best technical solutions in the field of Internet trading.

There are a number of trading strategies that make it possible not to use indicators, and instead, they successfully implement the method on the basis of: - graphical analysis; - applying quotes and wave analysis.

By themselves scalp tactics of the market are quite profitable: with the right approach, they provide the trader with the opportunity to work out dozens of transactions, while the position is never held open for more than a few minutes.

Do not forget that slippage, first, characterizes the reality of the market: orders are issued to the interbank market