December 21, 2020

Trading Tools: What You Need to Know About Them

trading tools_1Trading tools is an asset that a trader can use when making a transaction. It is clear that the more such assets there are, the broader the trader's opportunities for developing various trading strategies and hedging risks. Accordingly, the likelihood of making a serious profit is higher. That is why the brokerage company NordFX offers its clients an impressive range of trading instruments, the complete list and specifications of which can be found both on the broker's official website in the Trading Accounts section and in the trading terminal control panel. Here we will consider their main groups.


September 30, 2020

Japanese Candlesticks: - Time Tested Wisdom

Japanese Candlesticks: - Time Tested WisdomFor online transactions on financial markets, the NordFX brokerage company offers its clients the world's most popular trading terminal - MetaTrader 4 (MT4). After downloading it, the trader will see three possible options for the graphical display of quotes for trading instruments in the "Properties" section - these are bars, a line and Japanese candlesticks.   

Agree that candlesticks, and even Japanese ones, are difficult to recognize as a tool of technical analysis. But this is only at first glance.


September 25, 2020

Forex Trading Robots: What and How Effective They Are

Forex Trading Robots: What and How Effective They AreTraders can use not only their knowledge in their work, but also various computer programs: auxiliary scripts, as well as algorithms that can give recommendations and even open and close transactions on their own. These automated trading systems are called Forex robots. This article will discuss them in detail, as well as talk about the types and how to use them.


September 22, 2020

Forex PAMM Service

Forex PAMM ServiceIt is possible to make money on currency fluctuations not only by trading. Forex PAMM services allow even those who have no previous trading experience to profit from changes in prices of foreign currency assets. On the other hand, for a professional trader, the Forex PAMM service is an opportunity to increase the size of their trading capital.


September 15, 2020

Forex Indicators: Types, Applications, Strengths and Weaknesses

Forex Indicators: Types, Applications, Strengths and WeaknessesPrice is the most unpredictable variable that can surprise many with its bursts, reversals, figures and pirouettes. Despite the fact that there are a huge number of stories of earnings based on intuition, all of them logically end after some time in the same thing: the loss of the deposit.

Actually, the currency market and adrenaline are two incompatible things. Only curbed emotions and a systemic approach can bring stability to trade. This cannot be achieved without understanding the market, the ability to predict it and use these skills in your trading strategy. A trading plan and a clear algorithm of actions is what every trader should start with. Forex indicators and technical analysis can help you along the way. They will be discussed in this article.


September 10, 2020

Forex Trend Indicators: Destination, Features, Varieties

Forex Trend Indicators: Destination, Features, VarietiesFinding patterns, repeatability and historical cyclicality is one of the main tasks of a trader. Some use graphic patterns to look for the silhouettes of geometric shapes. Some study the characteristic price movements: acceleration, braking, and interaction with graphic objects. However, there is a huge category of traders who are engaged in technical analysis of Forex using indicators. They allow you to predict the market, study its various characteristics and use these patterns in your own trading. Even beginners who have just heard about the existence of technical analysis will be able to analyze the market with their help.


September 10, 2020

What is Forex Market

What is Forex MarketWhat is Forex? This is a huge over-the-counter marketplace where various currencies are exchanged. Its turnover exceeds 5 trillion dollars a day! (For comparison: the turnover of all world stock markets is "just" about 85 billion dollars, that is, almost 60 times less).

Forex was created for international commercial activity, but today there are not only companies conducting such work, but also private traders who have received access to trade, as well as investors whose main purpose is to profit from fluctuating quotations.

In this article, we will look at the history of the emergence and formation of the international currency exchange market, the main participants in this market, as well as the principles of trading.


September 9, 2020

How to Start Trading on Forex. Rapid Growth Plan

How to Start Trading on Forex. Rapid Growth PlanThe Forex currency market is one of the few places where everyone can try to realize themselves. The absence of superiors, the non-existent ceiling on earnings, the work schedule for which you are responsible — all this is in the trader's profession.  But becoming one is not an easy task.


September 9, 2020

Support and Resistance Levels: Types, Methods of Construction, Usage Cases

Support and Resistance Levels: Types, Methods of Construction, Usage CasesTechnical analysis in the Forex market provides a wide range of opportunities to study and predict prices. The number of instruments that are capable of solving the tasks set by the trader is hundreds. If the indicators are justifiably amenable to criticism for signal lagging, the levels of support and resistance find their admirers even among  people most skeptical towards technical analysis. This is not surprising. Forex levels are a benchmark that all traders, without exception, pay attention to.


September 6, 2020

Forex Technical Analysis: Basics, Theory, Tools

Forex Technical Analysis: Basics, Theory, ToolsThe Forex market is a place where almost everyone has every chance to make money. But do not confuse luck with a professional approach. Trader is a profession that needs to be learned. Otherwise, intuition will fail sooner or later, and a series of trades will turn into a continuous loss. That is why, as a start to your career, it is better not to waste time, but to start by studying technical market analysis. It will let you trade with awareness.


March 13, 2020

Leverage 1: 1000: Freedom of Trading

Leverage 1: 1000: Freedom of TradingPractice shows that many traders and investors do not understand very well what leverage is and what benefits and risks it carries. In fact, this leverage is just a tool that multiplies opportunities for a trader.


March 12, 2020

The Superbears of Finance

The Superbears of FinanceHow much is the skin of a not-yet-killed bear worth? Especially if this ‘bear’ is among the largest players in financial markets?

This article will tell you all about how traders who bet against the market earn their money; it will also tell you how much they earn.


February 17, 2020


BITCOIN: SECRETS OF PROFITABLE TRADINGBitcoin: although this currency is virtual, many people earn and have already earned real millions of dollars thanks to it. More than 1,000 people have become owners of fortunes with six, seven, eight zeros, and five people have become billionaires. Moreover, one does not need to work until a very old age: according to Forbes, the average age of crypto millionaires is only 42.


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