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It is no secret that the most popular currency on the Forex market is the US dollar. Most transactions on Forex are made with the participation of the dollar. This is due to the fact that the dollar is the leading global reserve currency
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In second place in popularity among traders holds the...
➡️ Excitement. Working on the Forex market is not a gamble, and a run of success may encourage the trader to experience a feeling of excitement. That is why it is necessary to overcome the psychological barrier of excitement and treat the forex market as a serious analytical work, and not a...
❌ This is a situation that occurs during the closing of a trade transaction, that leads to the return of the order
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Requotes appears because of:
high volatility
slow order execution
interruptions on the side of technology, broker or trader
unscrupulous brokers and kitchens
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How to avoid...
In technical analysis, the supply and demand of the market are used to determine the levels of resistance and support. These levels show the mood of the market
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The support level is always below the current market price as if it supports it and does not allow it to fall below a certain level...
"Chariot". This trading strategy is very simple, but effective if the price moves in a side trend or a general upward / downward trend of the market
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"Pending Orders". This strategy is characterized by high efficiency, which allows to reduce the psychological pressure on the market participant...
Do you want to become a real trading shark and professional in the currency market? Then we have great news, because on our platform in the education section you can find:
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✏ Articles about Forex. A full list of JustForex educational articles on Forex: What is Forex? Trading platforms, trading...
Before traders often the question arises: which market to choose? And today, our team will talk about the main advantages of both markets
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➡️ Stock market:
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✅ The opportunity to choose the appropriate financial instrument. Among the huge number of shares the trader is given the opportunity to...
Like any other market, the Forex market consists of special terms, concepts and slang and today we will try to tell a little about what does the basic concepts of the market mean
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Ask - the price at which you can buy currency. Ask price is bigger than Bid price
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Bid - the price at which you...
There are a lot of platforms to work on the Forex market, but what kind of platform is best for this? Now we will try to understand this issue!
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#MetaTrader4 is probably the most popular platform among traders and it is not surprising. It has a browser version, applications for iOS and Android...
Planning out your approach is key if you want to keep negative emotions out of your trading. The old adage ‘Failing to plan is planning to fail,’ can really hold true in financial markets.
As traders, there isn’t just one way of being profitable. There are many strategies and approaches that...
7. Lack of Specialization
Many people are attracted to trading because they think it’s an easy vehicle for making money. However, there are several types of securities that can be traded in today’s markets, including stocks, options, commodities, futures, and currencies. For emerging traders, it...
1. Little Preparation or Training
When you enter the market arena, you had better be prepared. However, few traders perform the necessary due diligence before moving headlong into the markets, says Robert Deel, CEO and trading strategist for Tradingschool.com. “If you are going to swim with the...
1. Little Preparation or Training
When you enter the market arena, you had better be prepared. However, few traders perform the necessary due diligence before moving headlong into the markets, says Robert Deel, CEO and trading strategist for Tradingschool.com. “If you are going to swim with the...
Many novice and emerging stock traders charge full throttle into the markets with high profit expectations, but find out fairly quickly that making money consistently isn’t as easy as they expected. For some, this realization can be quite discouraging, particularly because there are few pursuits...
Support and Resistance Trading Strategy — The Advanced Guide
The more times Support is tested, the stronger it becomes.
Support and Resistance are lines on your chart.
You should place your stop loss at Support and Resistance, If you follow the “theories” above, it would cost
you money...
How to understand any candlestick pattern without memorizing a single one:
To understand any candlestick patterns, you only need to know 2 things…
1. Where did the price close relative to the range?
2. What’s the size of the pattern relative to the other candlestick patterns?
Let me...