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Choosing The Best Forex Broker
As important as the portfolio you create, choosing the best forex broker is critical as a first step. Learn all you need to know about getting started.
The Stochastic Oscillator
Learn how to buy and sell with the Stochastic Oscillator. Discover Stochastics and Divergence and the Combination of Stochastics with RSI.
What is bid and ask price?
The bid price is the price a forex trader is willing to sell a currency pair for. Ask price is the price a trader will buy a currency pair at. Both of these prices are given in real-time and are const...
Base And Quote Currencies
In forex, currencies are traded in pairs. The first currency is called the base currency and the second currency is called the quote currency. So for example, EURUSD, means that the base currency is t...
What is a trading strategy based on?
A trading system may be based on any of the three following trading concepts: Sentiment analysis Fundamental analysis Technical analysis Sentiment analysis tries to gauge the sentimen...
What is a Pip’s Worth?
So far in this series of videos, we have explained what pips are, how to read currency pairs and the different types of ‘lots’. Now we need to know how to calculate the monetary value of a pip. As ...
What is a line chart?
A lot of traders prefer the line chart to Japanese candlesticks or bar charts. For example, many traders who trade the stock market prefer to use line charts to see price movements. This is because th...
What Is A Japanese Candlestick Chart?
The Japanese version of price charting uses a shape similar to a candlestick as a visual representation. The Japanese candlestick method of visualising charts is one of, if not the, most popular metho...
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