About: anna
Recent Posts by anna
Lesson 10: Different types of trading charts
It is critical to observe the movement of prices in Forex trading. There are several ways to accomplish this, including seeing the ticker in real-time. But the most popular method is to display prices on a chart, which enables you to observe how prices respond at crucial moments. Traders use prominent chart types, including line Continue Reading
Lesson 9: Understanding MetaTrader 4 (MT4)
When it comes to trading, you’ll likely often hear about MT4. What is it exactly? MetaTrader4 (MT4) is a popular online trading platform that traders can use to automate their trading. Its simple user interface gives access to advanced technical analysis and flexible trading systems. Here’s a guide on what MetaTrader 4 is and how Continue Reading
Lesson 8: Leverage: The key to forex market
In this lesson, we will talk about leverage and how it affects your trading. What is Leverage? In simple words, leverage is a facility allowing traders to trade with less capital. As we explained to you previously, 1 standard lot equals 100.000 units. If you buy 1 lot of USDCAD, you are purchasing 100.000 USD Continue Reading
Lesson 7: What are the key forex terminologies?
When you enter the forex market, you will come across a lot of jargon that might catch you off guard, including bulls and bears, hawks and doves, pips and ticks, and more. To understand the market, you must have a solid knowledge of regularly used market jargon. Here are several terms you will encounter when Continue Reading
Lesson 6: Getting to know bid price, ask price, and spread
In this lesson, we will cover the following: Prices in the Forex Market There are always two prices when you trade the forex market, the stock market, or any other financial market. So, just like going to a money changer to exchange your money, you will see that they have both the Sell and Buy Continue Reading
