5 Reasons to Backtest Every Trading Strategy
In Forex trading, backtesting is one of the most underutilized tools in a modern trader’s arsenal. It refers to the process of testing one’s trading strategy over historical price data.…
Detailed Process To Select The Best Forex Charting Software
The $5 trillion forex market is the most liquid in the world for a good reason. The market attracts millions of people worldwide, all of whom gun for an edge…
The big picture. How to forecast the Forex Market
The bigger picture in forex Some traders do not care much about the bigger picture of the markets. Intraday fluctuations tend to give traders a strange sense of forex trading.…
Centralized vs. Decentralized Forex
Forex exchange has given rise to one of the world's largest marketplaces, where millions worldwide are traded currencies. With more than $5 trillion transacted daily, the forex market is the…
Golden Cross and Death Cross: How to Use These Setups
What is the Golden Cross? When a short-term MA (moving average) intersects and moves over a long-term MA to the upside, traders and analysts interpret it as a signal for…
How to deal with the drawdown in Forex
If you are into Forex trading, you are sure to experience a losing streak periodically. It is your ability to deal with such phases that decides whether you have what…
Forex Market Top Surprises – Nothing Is Guaranteed
Many people who start trading in Forex believe that they can earn lots of money in a short span of time. However, this is not the case. In reality, forex…
Managed Forex Accounts Essentials
What is a managed account? The term ‘managed’ means that somebody else is managing your accounts. It essentially bundles together a group of funds for an individual investment portfolio. The…
Position Sizing: A Top Key To Trading Success
Position sizing is one of the most critical forex trading secrets and a crucial money-making hack in the highly lucrative capital markets. In its purest form, it refers to the…
Copy Trading Essentials
The intricate ways of the forex market often baffle beginning traders with various types of analyses, data, signals, brokers, trading styles, etc. Moreover, traditional forex trading has a high risk,…
Top Candlestick Setups: Hammers and Shooting Stars
When looking at trading approaches, it’s important for a trader to study, research, and understand as many as possible and learn to adapt and incorporate them. There are certain trading…
How to Backtest Your Expert Advisor in MT5
MetaTrader 5 has built-in Strategy Tester that allows you to test the performance of automated robots in trading. This is quite a handy tool in that it empowers one to…