Forex Blog

As for the basic tactics with the use of Renko schedules, in case you intend to use these graphics constantly, experts advise not to select any special schedules or advisers. Use familiar tactics or tools.

Very high utility and a fairly high level of need for trading work have one of the market determinants - the spread indicator. It is he who allows monitoring the important parameter - the value of the brokerage commission (if one considers a particular currency pair) in a stable and constant manner

If you look at and analyze any trading chart, then using the Renko charts you can once again (on the next or the hundredth) confirm that the Pareto rule really works.

Most of the players just do not understand how to use pyramiding better, so it's afraid of it. But we will reveal the secrets and share practical approaches.

The strategy of forecasting the currency market, which is based on price formation and has been successfully used by players for many decades. It has a high level of reliability, as it provides traders with the most accurate entry into the market, understandable levels of loss limitation and profit-fixing zones.

Manual trading takes too much valuable time trader, makes you experience stressful situations and is constantly at the computer screen, controlling the situation. Therefore, more and more traders prefer automatic trading and working with trading advisers.

Andrews' pitchfork is used to build the main price channel on the trend market, and also to divide it into two parts. The lines that are created based on pitchforks demonstrate nothing less than support and resistance, showing the degree of probability that the price will depart from the line and go beyond the price corridor.

Do not be naive to believe that the huge amount of money you spend on super courses will turn you into a millionaire trader, a market genius and a professional. Success includes not only the knowledge gained but also their correct application. And this means you can not do without practice. Practical training is above all.

Trade within one day can bring about 10-20% monthly. This option is popular with both beginners and market professionals. This is a good stable profit, while the risks are not too high.

The main features of night trading on Forex:1) Free time! This mode is perfectly appealing to those who combine trading with the main occupation (work), playing at night. You can also schedule your own schedule: work on forex takes place at night.2) Despite the fact that this is night, the efficiency of the trading process is increasing. And noticeable. The reason is that the player does not have external distractions, no irritants or interference.