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Types of FOREX Markets There are various types of FOREX markets you can choose to invest in. Depending on your expectations, experience, and interests, you can choose to invest in any of these markets. The best part of all is…

Picking the Right Broker for You Picking the right broker for you can be a daunting task, especially if you are not clear and what you should be looking for. On the whole, finding a good broker isn’t too hard…

Handling Divergence Drawdown One of the biggest challenges that FOREX investors face when utilizing the divergence strategy is drawdown. Drawdown occurs when a number of stops are triggered at various points in a trading cycle. When a sudden number of…

Introduction To And Rules Of Divergence Divergence is one of the most common indicators which is used to guide investment decisions. When you are able to spot divergence clearly, you can pick up on the overall direction a trend is…

Support Level Confluence In this type of setup, you are basically speculating on a breakout. Please bear in mind that you need to spot at least three hits in order to determine your support level. Additionally, the price action may…

Using Price Action Strategy  In FOREX, “Price Action” refers to a discipline that helps you to determine how to conduct trades. While there are several tools such as moving averages that help to determine support and resistance levels, the fact…

Using Divergence for Entry and Exit Strategies Divergence is highly effective when you are looking to plot entry and exit points as part of your overall trading strategy. Mainly divergence can signal at what point you can get in and…

Working With Indicators MetaTrader 4 is loaded with indicators. It comes pre-loaded with over 50 various indicators. These core indicators are set up automatically when you install MetaTrader 4 for the first time. For the most part, you might not…

Signs of a Legitimate Broker When you are selecting the brokerage firm you plan to do business with; there are a number of signs you can look out for. So, let’s take a look at these signs: You can get…

Psychological Levels For all the data and analytics in the world, investors are usually driven by psychological factors. These factors may range from fundamental elements such as economic stability to purely subjective factors like expectations. As such, psychological levels are…