Browsing Category

Termin

How to understand forex charts

While forex charts might look daunting at first glance, don’t be deterred. We explore the basics of reading charts so you know what to look out for to help you make your trading decisions. No matter how you prefer to trade – whether…

What is ECN?

ECN is a computerized stock exchange, and the abbreviation itself means “Electronic Communication Network”. ECN brokers provide their clients with direct access to other participants of the forex markets, including first-rate liquidity…

What is Expert Advisor (EA)

If you trade forex using a trading platform for trading, then you have probably already noticed that the possibilities of this program are much wider than just opening orders. One of the most requested features in metatrader or similar…

Forex breakeven zone

In any type of business, there is such a thing as a break-even zone, in fact, this is a kind of border between losses and profits, the intersection of which allows you to hope for a successful outcome of the transaction. If we consider…

Bid and ask

The bid and ask price is one of the most basic concepts in trading currencies, stocks, as well as other exchange-traded assets. First of all, any newcomer to the forex market faces them, so you need to clearly understand the meaning of…