The Forex market has a large list of currency pairs which traders can choose to trade. Each country (or economic zone) offers their currency in an exchange with another currency zone, which creates dozens of currency crosses. The list varies from the most famous (i.e. […]
Online forex trading continues to grow in popularity all over the globe. The world wide web, and its increased level of availability, has made it easy for people to trade currencies from any location – including from the comfort of their own home. It has also become simpler for people to learn more about what is involved with currency trading since there is such a large array of resources that are easy for anyone to find.
This article will discuss the Awesome Oscillator and how you can use this indicator to your advantage to make more pips! But before we explain the ins and outs of this indicator, we would like to ask you whether you use a lower case indicator? […]
Last month we discussed a price action strategy (I’m partial to price action strategies using near-“naked” charts) using Pin Bars. While I like that strategy and will continue to use it, it requires the trader to be attentive to every chart, every hour. That doesn’t […]
hese days, there is a lot of hype surrounding automated trading systems. If you are a regular subscriber to any Forex website, you have probably seen ads or received emails promoting trading systems. Every company claims to have the best trading system
At one time, AUDUSD downtrend offered an interesting chart to search for short setups. In fact, the price had already approached the 38.2 retracement level, which could have easily become a turning spot for downtrend continuation. Looking at the 4-hour price action, it becomes clear […]
Our goal in this article, Fibonacci! Better said, get ready for the Ultimate Guide to Fibonacci Trading! Why Fibs? I realized how often I actually refer to Fibonacci and Fib levels in my articles! So choosing this topic was very easy, to say the least. […]
If you’re new to this series and want to check it out from the beginning, you can find that here. And look here for a list of all the programming articles. In Part 70 we continued of built-in array functions in our MQL4 tutorial. In […]