Fibonacci Retracement is a technical analysis tool that Fibonacci traders use to find potential support and resistance levels. The theory is that after a price moves in a particular direction, it will retrace or pullback to certain Fibonacci levels before continuing in the original...
The xauusd is a market index for commodities. As of February 3, 2018, the xauusd was trading at 0.72457 U.S. dollars per one unit of the currency. The xauusd was created in December 2005 as a replacement for the Brazilian real, which was abandoned...
The Bill Williams indicator is a powerful tool that can help you make better decisions in the Forex market. This indicator is based on the work of Dr. William Gann, who was a well-known technical analyst in the early 1900s. The Bill Williams indicator...
Intraday forex trading, often referred to as day trading, is a style of trading in which traders open and close positions within the same trading day. The goal of intraday trading is to profit from short-term price movements in the foreign exchange (forex) market....
Trading in the foreign exchange (Forex) market using the MetaTrader 4 (MT4) platform can be a rewarding but challenging endeavor. Here are ten trading tips to help you navigate the MT4 platform effectively:
Learn the Basics:
Before diving into live trading, make sure you understand the...
In order to make informed investment decisions, it is necessary to analyze the stock and CFD markets. By studying price trends and indicators, investors can identify opportunities and risks in the market.
There are a number of different methods that can be used for stock...
