Best Standard Deviation Strategies for Forex Traders
Any trader, regardless of the financial asset they dabble in, has the sole goal of taking advantage of significant price moves for profit. However, the market, especially forex, in particular,…
Your Guide to Custom Indicators on MT5
Technical indicators are essential tools in forex, stocks, and commodity trading. While it is possible to trade without these indicators, most investors find them extremely useful. This article will look…
Your Guide to Custom Indicators on MT4
Indicators are popular tools used by most forex, stocks, commodities, indices, and cryptocurrency traders. They are used in both price action and technical analysis. In this article, we will focus…
Your Guide to MT4
The MetaTrader 4 is a popular trading software that is offered by most forex brokers. The software, commonly known as MT4, was developed by a company known as MetaQuotes. It…
Crypto Tokens vs. Coins: What’s the Difference?
For the most part, cryptocurrencies may be divided into two categories: coins and tokens. Cryptocurrency is usually used for trading currency, store value, etc., and is the native currency of…
Forex Trading Profit Target Explained for Automated Trading
If you asked any trader what one of the most enjoyable parts of trading is, it’s probably seeing an executed position hitting a profit target. Yet, don’t let this seemingly…
Your Guide to MT5
The MetaTrader 5 is a popular trading software offered by most forex and contracts for difference (CFD) brokers. It is mostly provided as a more advanced option than the MetaTrader…
Historical Volatility and How to Use It in Forex
The term volatility is often thrown around in forex market publications and articles, but what does it really mean? It refers to the rate of change of a currency pair’s…
Top 5 Forex Trading Strategies in 2022
The FX market provides traders with multiple opportunities for profit throughout the day. However, where there is a winner, there is always a loser. For that reason, traders need to…
Top ADX Strategies for Forex Trading in 2022
In the FX market, it always pays to trade in tandem with the prevalent market direction. However, it is not uncommon for traders to open positions in the direction of…
The Currency Pairs to Trade in Europe at Night
In the foreign exchange market, the 24-hour, five-day-a-week trading window is one of the most frequently mentioned advantages. Even if the market is less busy, some traders may prefer to…
The Currency Pairs to Trade in the US Morning
New York, Tokyo, London, and Sydney are the four most important financial markets in the world. Forex is a 24-hour market because the major financial centers are located in different…