Monthly Archives: April 2022

Written on April 5, 2022 at 1:19 am, by

The financial markets began the week with modest changes across asset classes as investors anticipated the latest central bank remarks and events in Ukraine, while also anticipating the start of the corporate earnings season next week. Meanwhile, US equity markets began the week on a positive note, with the NAS100 rising 2.10 percent on theContinue Reading

Lesson 11: Different types of forex orders

Written on April 4, 2022 at 4:24 am, by

Forex orders are an essential part of the trading process. An order is a request to buy or sell a currency at a given price. The type of order you use can affect how quickly you get your desired currency and how much you pay. This lesson will teach us about the different types ofContinue Reading

Lesson 10: Different types of trading charts

Written on April 4, 2022 at 1:20 am, by

It is critical to observe the movement of prices in Forex trading. There are several ways to accomplish this, including seeing the ticker in real-time. But the most popular method is to display prices on a chart, which enables you to observe how prices respond at crucial moments. Traders use prominent chart types, including lineContinue Reading

Written on April 4, 2022 at 1:09 am, by

US equity markets remained stable on Friday following the release of US job data, but the NAS100 dipped as some technology firms declined. According to MT4 VT Markets data, the SP500 closed flat at 0.00 percent, the DJ30 gained 0.01 percent, and the NAS100 fell 0.42 percent. The USD ended the week on a strongContinue Reading

Lesson 9: Understanding MetaTrader 4 (MT4)

Written on April 4, 2022 at 1:08 am, by

When it comes to trading, you’ll likely often hear about MT4. What is it exactly? MetaTrader4 (MT4) is a popular online trading platform that traders can use to automate their trading. Its simple user interface gives access to advanced technical analysis and flexible trading systems. Here’s a guide on what MetaTrader 4 is and howContinue Reading

Lesson 8: Leverage: The key to forex market

Written on April 3, 2022 at 3:15 am, by

In this lesson, we will talk about leverage and how it affects your trading. What is Leverage? In simple words, leverage is a facility allowing traders to trade with less capital. As we explained to you previously, 1 standard lot equals 100.000 units. If you buy 1 lot of USDCAD, you are purchasing 100.000 USDContinue Reading

Lesson 7: What are the key forex terminologies?

Written on April 2, 2022 at 3:14 am, by

When you enter the forex market, you will come across a lot of jargon that might catch you off guard, including bulls and bears, hawks and doves, pips and ticks, and more. To understand the market, you must have a solid knowledge of regularly used market jargon. Here are several terms you will encounter whenContinue Reading

Lesson 6: Getting to know bid price, ask price, and spread

Written on April 2, 2022 at 3:10 am, by

 In this lesson, we will cover the following: The two prices in the financial markets. What is the spread, and why it’s important? Prices in the Forex Market There are always two prices when you trade the forex market, the stock market, or any other financial market. Bid Price – The price that you useContinue Reading

Lesson 5: Pip value and calculation

Written on April 2, 2022 at 2:45 am, by

What is a pip value, and how is it calculated? To answer the question, you’ll need this information: the lot size you’re trading, the quote currency, and your account currency. Allow me to explain. The Lot Size As you are probably aware, there are many lot sizes in the forex market, such as standard lot,Continue Reading

Lesson 4: What exactly are a pip and a pipette?

Written on April 2, 2022 at 2:25 am, by

Pips and pipettes are terms commonly used by traders. Here’s what they mean. What is a pip? PIP stands for Percentage In Point. It is a way to measure how much a currency pair has changed in value. We used to say a pip was the slightest change in the price of currency pairs, butContinue Reading

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