The 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 platform …
Most 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 keen on PesaLink. XM is ready to adopt PesaLink as the method of payment. Since the Central Bank of Kenya (CBK) and Capital Markets Authority have been warning Kenyans …
XM is ready to adopt PesaLink and to be licensed in Kenya Read More »
Pin 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 bar …
In 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 profits …
Have you ever registered a trading account either a Binary or Forex trading account with a broker but only to be told to verify the account in order to receive either a bonus or to deposit? Sometimes you wonder what is verification for and is it a must you verify your trading account. If you …
Just like a bar chart, a daily candlestick shows the market’s open, high, low, and close price 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. The first part we are going to cover on how to …
Most 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 graduate …
Most 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 with …
Do 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 in …
10 “Expert Tips” that differentiate successful traders Read More »
One of the reasons why traders become so much 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 …
Why Should You Focus on Things You can Control in Trading? Read More »
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