Posts Tagged ‘Forex trading’

Support and Resistance Lines: Learn How to Read the Charts!

Technical analysis teaches us how to read the language of the markets as we trade Forex online. After we learn how to read it, we may begin to speak it as well, interacting with fellow traders in the vast Forex universe, and profiting from our knowledge. Technical analysis’ tools of translation are the indicators, and price formations that are drawn on price charts. While many of these tools have their critics [...]

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Calculating Profit/Loss in Forex Trading

Trading currencies involves more than technical knowledge and up to date information regarding market news and events. Each trade has its own numeric particularities, which will determine your profit/loss depending on several factors, such as: lot size, pip value, spread and leverage. This article will explain in 3 examples how you can manage your buy/sell orders in order to successfully achieve the expected results for each one of them.

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Forex Definitions: Stop Loss, Take Profit and Trailing Stop Orders

In the world of currency investing, the three terms “stop loss”, “take profit” and “trailing stop” are widely used, since they are the best known kind of limit orders that are used to close a trade under specific conditions, allowing the investor to greatly reduce its risk exposure and trade with more serenity.

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Forex Trading Made for Newbies: eToro Online Platform Review

When it comes to learn forex basics, there is simply no better platform than eToro. Although we are aware of how promotional the last sentence sounds, it reflects how truly we feel about this broker.

Started in 2006, the founders of this company had the objective of pioneering a new kind of trading forex that would be as powerful as the other platforms, but much easier and intuitive to understand for those — and these days there are many — who are approaching currency trading for the first time.

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Online Demo Accounts: How Favorable Trading Conditions Make Forex Look Easier

When you take advantage of the possibility offered by many online brokers to practice trading in a demo account with “fake money” to get yourself acquainted with their platform, brokers usually state — either explicitly or not — that such conditions are very realistic. However, that is rarely the case.

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