Archive for the ‘Article’ Category

The Right Forex System for You

This is a guest blog post provided by Mike Portman: There are many Forex systems available out there. Some are free, others are paid. Some might work well, others not so much. So, how can you choose the right Forex system for you? There are a number of questions you need to ask yourself before start looking. We are all different as traders […]

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Market Uncertainty and Candlestick Formations

This is a guest blog post provided by Richard Cox: Many expert traders will argue that the best way of making money in the market is to buy assets that have become overly cheap and to sell assets that have become overly expensive. There is a wide variety of ways to determine whether or not the price of an asset is too high or too low. One example is to use traditional chart […]

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What Is Freeze Level?

In MetaTrader, the freeze level is the minimum distance in pips, measured from the current spot price (Bid/Ask), to be attained to trigger a temporary ban on modifying, deleting or closing the orders, which are near to execution. Thus, a pending order, which is away from the current market price at a distance equal to or within the freeze level, cannot be modified, deleted or prematurely closed. As it can be understood, freeze level, which is […]

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Why Not to Rely on RSI and Stochastic Indicators

This is a guest blog post provided by Adil Adeel, a Senior Analyst at www.intellitraders.com: RSI and Stochastic indicators seem really appealing for determining market movements and many young and new traders tend to use them but both are not 100% reliable when it comes to predict market tops and bottoms. Oversold and Overbought When RSI is below 30, the market is said to be oversold and when it is […]

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Advantages and Disadvantages of Using Neteller in Forex Industry

What Is Neteller? Neteller is an online payment service that was launched in 1999. It is currently operated by Optimal Payments Plc, a company located in Douglas, Isle of Man. It is regulated by the Financial Conduct Authority of the United Kingdom (registered under reference number 900015). It is a convenient way to electronically transfer funds between persons, and between customers and businesses. To transfer funds between Neteller accounts, a customer […]

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