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Introduction of MetaTrader 5 (MT5). Part 1

Leave a Comment / Blog / By Vincent Nyagaka

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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XM is ready to adopt PesaLink and to be licensed in Kenya

Leave a Comment / Blog / By Vincent Nyagaka

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

Leave a Comment / Candlestick Patterns / By Vincent Nyagaka

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

Leave a Comment / Blog / By Vincent Nyagaka

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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What is Forex Trading and How does it work

Leave a Comment / Blog / By Vincent Nyagaka

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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How to Read the Japanese Candles

Leave a Comment / Candlestick Patterns / By Vincent Nyagaka

ShareTweetShare15 SharesJust like a bar chart, a daily candlestick shows the market’s open, high, low, and close prices for the day. The candlestick has a wide part, which is called the “real body.” This real body represents the price range between the open and close of that day’s trading. In the first part, we are going to cover how …

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The Reason Why Most Forex Traders Lose Money

Leave a Comment / Trading Tips / By Vincent Nyagaka

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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Forex Tools & How to choose the right ones

2 Comments / Blog / By Vincent Nyagaka

Forex Tools and how to choose the right ones

ShareTweetShare13 SharesMost traders fail in trading because they don’t have the best forex tools or they don’t know how to choose the tools. You may be a newbie or a seasoned forex trader. But, you can’t be a recluse and use your PC as an ATM of forex. To be successful, you have to connect …

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10 “Expert Tips” that differentiate successful traders

Leave a Comment / Trading Tips / By Vincent Nyagaka

ShareTweetShare10 SharesDo you want to learn the Expert tips that differentiate successful traders from gamblers? Well, there are a lot of them but today will are going to cover 10 of them. When you read about Forex blogs, you will find a lot of thoughts about the trader’s mindset. Pros in trading, professionals, and experts …

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Why Should You Focus on Things You can Control in Trading?

Leave a Comment / Trading Tips / By Vincent Nyagaka

ShareTweetShare40 SharesOne of the reasons why traders become so stressed while trading is because they focus on the things that they can’t control. When you waste too much time worrying about things you can’t control, it drains a lot of your energy, takes away your motivation to perform well, and affects the way you do …

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Blog

Introduction of MetaTrader 5 (MT5). Part 1

XM is ready to adopt PesaLink and to be licensed in Kenya

How to identify and form Pin Bar Candles

Make Forex scalping your way and earn every day

What is Forex Trading and How does it work

How to Read the Japanese Candles

The Reason Why Most Forex Traders Lose Money

Forex Tools & How to choose the right ones

10 “Expert Tips” that differentiate successful traders

Why Should You Focus on Things You can Control in Trading?

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