Moving average is one of the most popular technical indicators used in Forex trading platforms. It is a lagging indicator that smooths out price fluctuations to help identify potential trend reversals and entry/exit points.
There are different types of moving averages, but the most common...
A Forex pending order is a type of order used in the foreign exchange (Forex) market to specify a trade entry or exit point at a future price level. Unlike market orders, which are executed immediately at the current market price, pending orders are...
Scalping trade is the practice of buying a small amount of a particular security, usually at a discount, to immediately resell it at a much higher price. While scalping may seem like an innocent transaction that is made on an exchange for instant liquidity,...
A technical indicator is a mathematical formula that traders use to help them predict future price movements. Technical indicators are embedded in trading platforms such as MT4, and they can be used to create trading strategies.
There are many different types of technical indicators, and...
Fibonacci retracement is a popular technical analysis tool used by traders and investors to identify potential levels of support and resistance in financial markets. It is based on the Fibonacci sequence, a series of numbers where each number is the sum of the two...
Opening a forex trading account is an important step in becoming a successful forex trader. There are many different types of accounts to choose from, so it is important to find the one that best suits your needs.
The most common type of account is...
