strategy

Double Zero Trading Strategy: Learn to Trade Forex Effectively

by Matthew M. LockettSeptember 18, 2023

The Double Zero trading strategy is a popular technique in the Forex market, allowing traders to take advantage of market trend fluctuations and turn them into profitable trades. It is based on the simple concept of looking for an entry point within two extremes. By tracking a pair of currency, a trader can spot when the market is likely to double the distance between the two extreme points on the chart, signaling a buy or a sell signal. This strategy is great for those who are looking for short-term gains, as it allows traders to quickly capitalize on sharp changes in the market.

Categories: Formula

Magic Formula Investing: Exploring the Forex Trading Strategy

by Penny GrimesSeptember 15, 2023

Magic Formula Investing Forex is a revolutionary approach to currency trading that promises to provide traders with powerful trading strategies and informed decision-making. By utilizing a series of sophisticated algorithmic formulas, Magic Formula Investing Forex is designed to identify profitable trading opportunities in global markets. By utilizing an advanced set of risk controls, the system is designed to help traders limit risk and follow their desired risk/reward profile. Whether you are looking to augment your current trading strategies or you are a complete beginner to trading, Magic Formula Investing Forex can provide a powerful, cost-effective solution.

Categories: Forex Trading Strategies

What is the Best Forex News Site?

by Simon CristianSeptember 14, 2023

news site

Trying to stay up to date on the latest developments in the Forex market? Finding the best Forex news site can be key to staying ahead of the curve and profiting from the unpredictable and ever changing world of Forex trading. A quality Forex news site will offer in-depth coverage and analysis of all major currencies and markets, as well as the deep dives into the more obscure and less liquid exchanges. Additionally, a good news site will feature interactive tools and educational resources to help traders understand the Forex markets and build a successful trading plan. Ultimately, the best Forex news site should provide an informed and comprehensive view of the market, enabling traders to make informed decisions and stay ahead of the pack.

Categories: Introduction to MQL5

Plot Horizontal Line in Pine Script: Analyzing Forex Trading

by Gustavo NilsSeptember 13, 2023

The Pine Script Horizontal Line plot is a useful tool for traders in the foreign exchange market. It can be used to identify areas of potential support and resistance, trendlines, and major price action points. The Line plot allows traders to plot horizontal lines at any price level they choose, providing traders with a quick way to view historical data and gauge potential future price levels. Traders can use this tool to identify important areas that may signal buying and selling points for their trading strategies. The Horizontal Line plot is a versatile tool for those who trade in the forex market.

Categories: Capital

Capital employed formula: Forex Trading Strategy

by Penny GrimesSeptember 13, 2023

Capital employed is an important concept used in forex trading. It is used to measure the amount of money that is actively being used in a trading system or strategy. The capital employed formula simply takes the total cash in circulation and subtracts liabilities from it. This gives traders a picture of how much money they have to work with, so they can better manage their trading systems. It is very important for traders to use the capital employed formula correctly, as a wrong calculation can lead to inaccurate results. By correctly using the capital employed formula, traders will be able to better understand their trading approaches and plan for better trading results.

Categories: Forex Trading Strategies

Master 5m Scalping Strategy for Forex Trading: Tips and Tricks

by Gustavo NilsSeptember 12, 2023

The 5M Scalping Strategy is a powerful tool for forex traders that want to make quick profits in the market. It is a low-risk strategy that emphasizes precise entry and exit points, rapid order execution, and the use of both technical and fundamental analysis. The 5M Scalping Strategy relies heavily on chart analysis on time frames of 5 minutes or less, special software, and expert advisors. This scalping strategy relies on a well-thought-out trading plan that takes into account risk management and price action.

Categories: Forex Trading Strategies

Best Scalping Strategy for the JPY: A Comprehensive Guide

by Penny GrimesSeptember 8, 2023

trading

The Japanese Yen is highly liquid due to its widespread use as a currency for international trade, and this makes it a great choice for those looking to use scalping for quick profits in forex trading. One of the best scalping strategies for the JPY is to look for currency pairs that have a high degree of correlation and a relatively low spread. The USD/JPY pair typically has some of the lowest spreads and tends to move with theuti-correlation of other tech stocks, making it a great choice for scalping. Other pairs, such as the Euro/JPY, can also provide excellent opportunities for quick profits due to the strong trends that can develop. Scalpers should always keep their radar up for any sudden moves in the market due to news releases or policy changes, and always have a stop-loss and proper money management in place in case things go wrong.

Categories: Forex Trading Strategies

When Not to Trade in Forex News Time: Tips for Beginners

by Gustavo NilsSeptember 7, 2023

Forex news time is a volatile period of the forex market when movements of currency pairs tend to be particularly volatile and unpredictable. It is generally advised that traders avoid trading during these times because prices might swing widely making it difficult to know when to enter or exit a position. Moreover, the increased volatility might lead to wide spreads, making trading even more expensive. It is therefore recommended that traders take a break from trading when forex news time is approaching and resume once the news period is over.

Categories: Forex Code

Descargar Pivot Point para MT5: The Ultimate Guide for Forex Traders

by Penny GrimesSeptember 6, 2023

Descargar Pivot Point para MT5 Forex te permite calcular los indicadores técnicos y los puntos pivote para el mercado Forex. El Indicador Pivot Point para MT5 le permite a los traders ver los niveles clave de resistencia y soporte para el mercado a medida que avanza el día. Los puntos pivote también ayudan a determinar los giros en el mercado y señalar los niveles en los que los traders deberían colocar sus órdenes. Esta herramienta gratuita puede ayudar a los traders de Forex a determinar mejor los patrones técnicos en el mercado.

Categories: Forex Trading Strategies

Freeforex Systems: An In-Depth Look at Successful Forex Trading

by Nicole KnightSeptember 4, 2023

FreeForex Systems Forex is the premier destination for traders looking for a reliable online Forex trading system. With years of experience in the markets and highly experienced traders in the team, FreeForex Systems Forex offers a variety of services to traders of all levels. From beginner to advanced users, from full-time traders to part-time traders, FreeForex Systems Forex makes sure that all its customers can achieve success in the Forex markets. All its products and services are comprehensive and of top-notch quality, enabling all users to easily understand and start trading the markets like a professional. With competitive commission rates, easy-to-use trading platforms and customer service teams available in various languages, traders of all levels can take advantage of FreeForex Systems Forex’s offerings.