The best you can do is to control your risk by placing strict risk management tools and by being flexible in your execution. That means your winning trades totaled 9R while your losers totaled 7R. If you had risked 1% of your account balance on each trade, you would have ... Read More
Forex refers to the global electronic marketplace for trading international currencies and currency derivatives. Most of the trading is done through banks, brokers, and financial institutions. In less than two decades the forex market has become the largest financial market in the world. Trillions of dollars are traded on the ... Read More
They consist of a price range that becomes too narrow and results in a final breakout that marks a trend reversal. There are different types of chart patterns available – some depict trend reversal points, signalling you to enter or exit the market immediately, while some help identifies market trends. ... Read More
USD/CAD is commonly called the ‘loonie’ on account of the loon bird which appears on Canadian dollar coins, and it represents the pairing of the US dollar and the Canadian dollar. In 2019, USD/CAD transactions made up 4.4% of daily forex trades.1 The strength of the Canadian dollar is closely ... Read More
The MA indicator will help you to ignore some price swings which make the least influence on the whole situation. Firstly, download the TEMA indicator and install in on MT4. You can easily find ТЕМА on the Internet or you can usemy link. Buy positions should be opened as soon ... Read More
