How to Calculate Currency Strength in Forex Trading
The strength of a currency is a measure of currency's worth. Economists use it as a measure of purchasing power, while financial traders use it as an indicator of several…
Depth of Market in Forex Trading
The forex market operates on the demand and supply basis, which influences how things work and how prices move. Buyers with a bullish bias in the forex market look to…
Big Poppa EA Review
Big Pippa EA is produced by traders who have more than five years of experience in the Forex market. They claim to have made the holy grail system by considering…
Forex Indicators: Awesome Oscillator Explained
A market momentum indicator, the Awesome Oscillator (AO), is used to gauge the strength of the market. It uses a 34-period SMA to compare to a 5-period SMA (Simple Moving…
Descending and Ascending Triangles in Forex
There is a myriad of tools that traders utilize every day in their technical analysis endeavors. These formations are better pointed out by drawing lines on charts to accentuate them.…
What Is Hedging in Forex Trading?
So, what does trimming bushes and shrubs have to do with forex? Jokes aside, the concept of hedging or ‘insuring one’s self against loss’ has existed for centuries, dating back…
Zen Scalper EA Review
Zen Scalper EA is a Forex expert advisor that claims to provide consistent profits with zero hassle and delay. The vendor also claims that the robot gives results faster compared…
EA Super 8 Review
EA Super 8 is an FX robot that uses aggressive trading methods. According to the developer, Vitali Vasilenka, this is a trend-following system that uses integrated methods for spotting the…
Ins and Outs of Discretionary Trading
When you start your journey in trading, the amount of information you’d be exposed to is enormous and often overwhelming. Many ideas seem conflicting, such as those related to a…
How Much Do Forex Traders Make?
The forex market grants millions of traders several opportunities to make profits every working day. There have been tales of traders making millions in the market, which may sound very…
Waka Waka EA Review
Waka Waka is an MT5 trading tool that uses an advanced grid method for making successful returns. As per the developer, this system was created to capitalize on the market…
Here Is How To Trade EURUSD Using Multiple Timeframes Approach
The foreign exchange market is one of the world’s most active and liquid. It runs around the clock except for a few hours over the weekend. During the busy market…