Those who are just starting out in the world of forex trading are likely to face a wealth of options on the trading platform front. ZuluTrade, NinjaTrader, and Trading Station—among others—all have plenty to offer, but there is one trading platform that appears to be head and shoulders above the rest. MetaTrader 4 (MT4) is used by all leading forex trading experts and is truly award-winning in stature. Considering its comprehensive nature and growing reputation, the following looks at why MT4 is the perfect trading platform for almost every forex trader.Read More
When you’re on the hunt for an online forex brokerage, you’ve got options. Online forex trading has seen a number of platforms rise to prominence by providing state-of-the-art capabilities that meet the needs of both new and experienced forex traders. Meanwhile, the market for electronic communication network (ECN) brokers continues to see new platforms attempt to break in among forex traders.Read More
Trading forex can be an enjoyable and profitable experience, especially if you have the knowledge and skill required to succeed. That being said, the realm of forex hasn’t escaped the wave of cybersecurity issues that have plagued various investment markets in recent years. Anyone that actively trades forex needs to take account security extremely seriously—more seriously now than ever before. Below, we walk through the steps you need to take to make sure that you’re protecting your forex account and trading within a safe environment.Read More
One of the most important parts of technical analysis in trading is Chart Patterns. Perhaps the most reliable and easiest to trade of these are triangles and pennants.
These shapes all represent the battle between buyers and sellers and look like the compression of price like a giant spring. Eventually, the pressure compressing the spring will give out and price will move.Read More
In 13th Century Italy, a mathematician called Leonardo Fibonacci discovered that many elements in our daily lives follow a predictable sequence.
Traders use the same numbers to plot sequential levels of support and resistance following reversals from previous trends.Read More
Metatrader 4, or MT4 for short, built by Metaquotes is the most popular Forex trading platform on the planet and has been for 10 years or more now. In this blog post we look at 6 great reasons why it is so popular.Read More
Forex trading is becoming increasingly more popular by the day, as more and more individuals begin to see it as a viable form of investing. Because of this, a new avenue of profit has opened up, with affiliate marketing now representing a key part of how the world of forex trading functions. Those with an interest in forex trading and a penchant for a particular broker will understandably want to explore forex affiliate marketing.
Before you jump in head first, it pays to understand that not every forex affiliate program is created equal. This article breaks down the key points related to forex affiliate marketing, helping you to find the best forex affiliate program for your needs in the process.Read More
What Is a Currency Trading Forum?
The world of forex trading is expanding beyond just the market in question, with it being a form of investing that now carries certain social implications. While social media has certainly not missed out on the forex-trading wave, the hub of any and all related chitchat still takes place within the currency trading forums of the world. Admittedly, there are certainly a few people out there who believe that currency trading forums are “old hat”, as it were, but any active trader would be foolish to underestimate the importance of these social hubs.Read More