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KEY TAKEAWAYS Fibonacci retracements are popular tools that traders can use to draw support lines, identify resistance levels, place stop-loss orders, and set target prices. A Fibonacci retracement is created by taking two extreme points on a stock chart and dividing the vertical distance by...

There are many different advanced gold trading strategies that can be used. Some popular strategies include: Technical analysis: Technical analysis is the study of historical price charts to identify trends and patterns. This can be used to identify potential entry and exit points for gold...

cTrader is a powerful trading platform, a new favorite within the trading community and a glimpse into the future of trading. cTrader is available, free of charge, to demo and live account holders.

A Forex expert advisor is an automated system, which monitors the Forex markets and provides signals upon identifying trading opportunities. Although we do not recommend any specific forex expert advisors, due to their unpredictability, some professional traders do find them to be of benefit

MT4 is the best platform to trade Forex as it was initially designed for the needs of Forex traders

What is a VPS in forex? A forex VPS (virtual private server) is like a permanent link that connects your trading terminal to the wider trading network. For example, when you use MT4 at home on your computer, you're plugged into the standard trading network where your trades get executed.

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place. A trader doesnt know when a winning streak might occur, or when they may take a string of drawdowns.

This indicator is for use in boom and crash for indicating spikes and helping make trade decisions.

Now that you know how some of the most common chart indicators work, you’re ready to get down and dirty with some examples. Better yet, let’s combine some of these indicators and see how their trade signals pan out. In a perfect world, we could take just one of these indicators and trade...

Relative Strength Index, or RSI, is a popular indicator developed by a technical analyst that helps traders evaluate the strength of the current market. RSI is similar to stohastic in that it identifies overbought and oversold conditions in the market It is also scaled from 0 to 100...

Now on to the good stuff: Just how profitable is each technical indicator on its own? After all, Forex traders don’t include these technical indicators just to make their charts look nicer. Traders are in the business of making money! If these indicators generate signals that don’t translate...

A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system. To use cryptocurrencies, you need a cryptocurrency...

A trading system is a set of rules that formulate buy and sell signals without any ambiguity or any subjective elements. These signals are mostly generated by technical indicators or combinations of technical indicators.

The other day @donnelly_brent the author of Alpha Trader and a must follow on Twitter made the following observation, ”In trading, there are times when you should take positions so big they make you feel uncomfortable. But still in control. You need to be able to drive the car fast enough to...

This is not one of those regular articles you may have come across on how to detect Spikes on Boom and Crash Indices. This is a little bit different. For the record, there is no 100% strategy on how to detect Spike on Crash and boom indices, but if you apply the strategy I am going to share...

Identify a strong trend in the NQ. This could be a trend up, down, or sideways. Wait for a pullback in the trend. This is a good opportunity to enter the trade. Set your stop loss at the point of the pullback. This is your maximum risk on the trade. Set your target profit at 2 times your risk...