Hamster Scalping is an automated forex trading method that has been developed to run in the popular MetaTrader forex trading platform and is free to download from most forex brokers. It is worth noting that in order to run forex robots, you will require the desktop version of the MetaTrader [...]
ECN, or electronic communication technology, has been there since the 1970s, although it did not come on the foreign exchange market or forex market until 1999. However, ECN brokers acted as a tremendous equalizer, leveling the playing field by emphasizing execution speed and cost transparency. In this post, we will [...]
The beauty of the forex market is that traders are not restricted to a single strategy, but can develop their own and utilize them to trade. Furthermore, there are millions of techniques available to traders, but the martingale forex strategy is similar to Backtesting Forex Trading Strategies and is a [...]
The emergence of the digital marketplace has increased the importance of technical proficiency, and now, traders of stocks, futures, and forex are well advised to be prepared to traverse a more volatile world. Every trader must now backtest a trading strategy before adopting it in live markets, therefore an efficient [...]
Forex arbitrage is the technique of profiting from discrepancies in exchange rates between different exchange market values. Forex arbitrage is important in global finance because it helps to improve forex market efficiency by promoting pricing alignment across multiple currency pairs and markets. To capitalize on an observable exchange rate differential, [...]
In Forex, an order block refers to specific price locations where substantial market participants, such as institutional traders, have previously placed significant buy or sell orders, and clusters of orders are present in these places, which can affect price movement, liquidity, and market mood. Furthermore, looking at the chart, it [...]
For new traders, foreign currency or forex trading may appear intimidating and sophisticated, but it is a rather simple procedure of buying and selling national currencies. Decades ago, major corporations, hedge funds, and governments dominated the foreign exchange market, but nowadays, anyone may become a forex trader because the forex [...]
Every successful investor understands that diversification is the key to a lucrative forex portfolio, but we want to underline that successful diversification does not always necessitate a large range of assets. So, for effective risk and return management, you should not focus on a single asset investment line, since having [...]
The Forex market is a complicated and ever-changing business, with millions of traders from all around the world buying and selling currencies every day. However, to be a successful forex trader, you must first grasp the many sorts of forex orders that are available. In forex, an order is how [...]
Typically, all traders seek the greatest technique to help them achieve their trading goals, and range trading is an increasingly popular market approach. And more people are turning to range trading to take advantage of the forex market’s opportunities. For some, though, the concept of forex trading, or even the [...]