Order block forex trading holds the key to understanding market dynamics and making informed decisions. As pivotal price levels where institutional orders are believed to have been placed, order blocks play a significant role in determining price movements. This comprehensive…
The XAUUSD PIP calculator is an indispensable tool for traders seeking precision in their trading strategies involving the XAU/USD trading pair. As one of the most traded pairs in the forex market, understanding the pip movements in XAUUSD is crucial…
I am going to break this frequently asked question regarding forex lot sizes and show you the recommended lot size forex trading. When trading forex, the right lot size is important for your trading capital. The lot size a forex…
First, this trading term above is the basic principle of how the forex market works; market structure in forex is what determines the direction of the market. That being said, market structure is formed every day in our trading chart,…
The 8 13 21 EMA strategy stands as a testament to the power of simplicity in the world of trading. Utilizing the dynamic interplay of three EMAs – the 8-day, 13-day, and 21-day – this strategy has gained popularity for…
Getting the best moving average for 4 hour chart shouldn’t be a standalone strategy, the trader must first run a proper market analysis on the pair then the 4 hour chart moving average can be a secondary option for trading.…
Every trader needs to know how to set stop loss and take profit in MT4 as MT4 is widely used. To win in forex trading and using the MT4 platform, you must have a risk management plan on the level…