Automated Forex Trading vs. Discretionary Trading

Automated Forex trading is the way of trading Forex with using specially created software called Forex Expert Advisors or simply Forex robots. Each expert adviser has been created based on using the specific algorithm of forex trading that includes the entry and exit conditions as well as the system of money management. In fact, this […]

Basics About Forex Charts and Chart Reading

Price action is the most important factor in Forex trading. To see the dynamical changes of quotes the traders are provided by the live charts. Most of the Forex traders are using the Meta Trader 4 platform, which provides us with three Forex chart appearance: line chart, bar chart, and candlestick chart. In this post […]

History of Forex

Forex (FX) stays for the foreign exchange market - global decentralized market for the trading of currencies. The roots of Forex trading are buried deep in centuries. At the beginning, when the trading volumes between the tribes or the first countries had been low, most of the operations were based on barter - exchanging products […]

Advantages and Benefits of Forex

Forex as we know it today, do not exist for a very long time. In fact, the possibility to trade currencies form home has only appeared with the development of Internet. Although, currently it the biggest financial market in the world with daily turnover coming close to 4 trillion USD. This situation wouldn’t be possible […]

Introducing to Forex

Nowadays there are a lot of possibilities to earn money online, but currency trading remains one of the most popular ones due to the flexibility and outstanding earning potential. Known for the fascinating amounts like 4 trillion dollars traded in one day and 24/7 activity, Forex quickly became one of the most rewarding places to […]