Forex Trading Strategy and Identifying Trends For Fun & Profit

It is crucial that Forex (FX) Traders formulate a good trading strategy, before starting to trade. The best way to ensure the minimizing of losses and maximizing of profits would be to stick to a good, firm trading plan. It is also important to have a balanced attitude towards trading.   There are two general [...]

How to Set Up a Trailing Stop in MetaTrader 4

A trailing stop is one way of managing your trades in Forex which allows you to stay in a winning trade and reduce your risk as you go.  One way of managing your trade exits is simply to exit your trade when you hit a certain target profit—but if you’re already in a winning trade, [...]

Forex Indicators – Using Bollinger Bands

Forex Indicators – Using Bollinger Bands One of the most commonly used indicators in the Forex market is the Bollinger Band. Bollinger bands are a tool that you can find on the popular Metatrader platform and they can help you determine the volatility of the market. Here are the basics of Bollinger bands and how [...]