Forex Tutorial

Japanese candlesticks and patterns

Japanese candlestick represents characteristics of price movements of a trading instrument during a certain time period. It was discovered in the XVIII century in Japan. The candlestick represents a wide rectangle which is called “real body” with upper and lower sections, which are called “shadows” or “wicks”. Japanese candlesticks in the system of coordinates, where

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Forex Advices

Reasons people enter Forex

Why it is sometimes good to think twice before deciding to trade currencies in Forex People start trading Forex for several reasons. Some of them want financial independence, some dream of exotic lifestyle, some want to make quick and easy money, some just want to escape their day job, and there are probably thousands of

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Forex Tutorial

How to control your emotions while trading forex

Mindset is crucial to your currency trading success In this article, we will talk about emotions that need to be controlled and how to do it. There are several emotions that can take control of an unsuspecting trader – greed, a need for a revenge (revenge trading), impatience, and overconfidence. We are sure, that you

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Forex Tutorial

Technical analysis tools for Forex trading

The main task of every trader in the Forex market is money making. To achieve maximum results you have to know analysis of historical data to be able to determine future trend. Package of standard tools in the “MetaTrader” platform allows you effectively analyze the price trend. What is the technical analysis in Forex Forex

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Forex Tutorial

Technical analysis in the Forex market

Technical analysis is a set of methods for determining the moment for the transaction, based on the study of price trends. The analysis is carried out by construction of charts and previous market behavior research in order to predict the price movement for the future. Technical analysis may comprise graphical and mathematical analysis. Graphical analysis

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Forex Advices

Is it possible to make money in Forex

In this article, we look into whether it is possible to make money in Forex – if you’re a beginner (otherwise, you wouldn’t ask this question really). Find out, what are the most popular money making possibilities, and learn the common pitfalls that make both new and experienced traders lose their money. There are two

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Forex Advices

How to protect your capital when trading Forex

This article is about keeping your money In this article, we will analyze various tools and strategies available to Forex traders, that will help to protect your initial investment and earnings. That will help you to earn more money, since, in our opinion, Forex is more about preserving your money and letting compounding take care

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Forex Advices

Choosing a Forex Broker – How to pick the right one

Trading Forex is risky – and unfortunately, risks begin even before you enter your first trade. No forex trading tutorial would be complete without an advice on how to choose a good forex broker. Especially if you’re new to all this, you should research brokers carefully – because there are good ones, and bad ones. If you

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Forex Advices

3 easy Forex tips for Beginners

If you are looking for simple, easy tips for Forex beginners, this is an article you shouldn’t miss. Forex can be tough when you’re just starting out, but don’t worry – it gets easier once you understand the very basics and please take a look at our Forex trading tutorial as it will give you few ideas

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Forex Tutorial

Overview of Forex Trading

What is Forex? “Forex” stands for for­eign exchange; it’s also known as FX. In a Forex trade, you buy one cur­rency while simul­ta­ne­ously sell­ing another. Cur­ren­cies trade in pairs, like the Euro-US Dol­lar (EUR/USD) or US Dol­lar / Japan­ese Yen (USD/JPY). Forex trad­ing is used to spec­u­late on the rel­a­tive strength of one cur­rency against another. The for­eign

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