Automated Trading Automated trading in forex involves using computer programs, known as Expert Advisors (EAs) or trading bots, to execute trades on behalf of a trader. These programs operate based on pre-set rules and algorithms, analyzing market...
Money Management Money management is one of the most crucial aspects of successful forex trading. It helps traders minimize losses, protect capital, and maximize profits over the long term. Here are some key principles of money management in forex:...
USD/CAD At the moment, the USDCAD currency pair has moved away from the level of 1.4282 and is slightly above the 120 EMA on the H4 timeframe. The MACD indicator signals a possible upward movement, which creates preconditions for further growth....
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning all forex traders and readers. Hope you’re all doing well. We will discuss the price action of the USD/JPY market today. The chart for USD/JPY shows that the USD/JPY hit $146.45 on...
T E C H N I C A L _ A N A L Y S I S G B P / U S D My friends! How are you today? Now let's talk about today's chart prepared in this time frame. On this price chart, the GBP/USD hit $1.2516 on Tuesday. GBP/USD is trading at 1.2940 at the time of...
