Learn

Using MT4 templates – A beginners guide

MT4 trading templates are used mostly when you are using a third-party trading strategy. However, the trading templates with the Metatrader 4 platform allows traders to do more than that. From customizing the charts to being able to create your own trading strategies, the MT4 template file is one of the great convenience tools for traders. In this article,...

Continue reading...

I used to like Candlesticks but I Prefer Renko Bars

Having spent enough time trading with the regular Candlestick charts, I have now grown to prefer trading with renko bars. In most of my articles, we were looking at the different ways you could display the raw data of the stock price or the forex currency pair of the futures instrument. Just about everyone knows how to use candlestick...

Continue reading...

Trading during high volatility

High volatility is one of the three elements a forex trader needs to profit in the forex market. A trader also needs a profitable trading strategy and one that is successful over a long period of time. The trading strategy should also works in different market conditions. Secondly, the trader should have a clear risk management method. Both of...

Continue reading...

How forex hedging works?

Forex hedging is a trading strategy that traders use to insure their trades against any big losses they might incur. Hedging in speculative trading is not something new. In fact, traders use hedging all the time, using derivatives. For example, if you owned a stock but you expect the price could fall, then you can hedge this position. A...

Continue reading...

How algorithmic trading works?

Algorithmic trading systems utilizes highly complex statistical models and mathematical calculations in setting and placing orders in the financial market. Institutional investors use algorithmic trading due to the large development and research costs. Institutional investors are known to place very large orders in the market. Everyone in the market knows that when there is a large order, it can...

Continue reading...