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Introduction of MetaTrader 5 (MT5). Part 1

Introduction of Metatrader 5

ShareTweetShare3 SharesThe MetaTrader 5 (MT5) platform is the successor of the MetaTrader 4 (MT4) platform. It was developed and introduced in 2010 by the MetaQuotes Corporation, the same company that introduced the vastly popular MT4. As if the MT4 wasn´t feasible and handy enough to use, the company decided to take the older MT4 forex …

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How to deposit XM with Pesa Link

ShareTweetShare84 SharesMost forex brokers have been of late trying to adopt M-PESA as a method of deposit and withdrawal. But unfortunately, most of them have taken into keenness on PesaLink. XM is ready to adopt PesaLink as the method of payment. The Central Bank of Kenya (CBK) and Capital Markets Authority has been warning Kenyans …

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How to Identify and form Pin Bar Candles

ShareTweetShare25 SharesPin Bar, which is short for ‘Pinocchio Bar,’ is a single candlestick setup that clues price action traders into potential reversals in the market. A pin bar candle is an elongated wick that ‘sticks out’ from price action. Traders will usually look for one-sided wicks that are two times the size of the body of the candlestick. I. Identify pin …

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Make Forex scalping your way and earn every day

Forex Scalping

ShareTweetShare50 SharesIn forex trading, making money in a short time is called scalping. The scalpers accumulate money by doing a large number of trades in a day, and it may vary up to 200 trades. And trading time varies from a few seconds to several minutes. Forex scalping is a good method to make high …

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ShareTweetShare106 SharesForex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is how individuals, companies, and central banks convert one currency into another – if you have ever traveled abroad, then it is likely you have made a forex transaction. …

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The Reason why Most Forex Traders Lose Money

ShareTweetShare114 SharesMost forex traders who come to the industry come with a poor mentality. Some hope that they will turn to be overnight millionaires without learning so much. This is why most forex traders lose money and quit in the early months of their trading. It takes about 3 to 5 years for anyone to …

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Why should you focus on things you can control in Trading

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