Price Action, Bars & Candlesticks

hammer-candlestick

There are various styles of plotting prices on a chart, the most common are Price Bars, Candlesticks and Line charts but there are other useful chart styles as well, like the Heikin Ashi candlesticks, Point-and-Figure and others. At the end of this article a brief tutorial will show how these most common styles easily can […]

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Free Forex Trading Software – Metatrader 4 Review

metatrader 4 logo

I’ll start out this extensive course module – Technical Analysis (TA) with a Forex Trading Software section, writing a bit about the free popular Metatrader (MT4 & MT5) trading platform. The reason is that some of the TA lessons will also include a brief Metatrader tutorial, a guide on how to implement the learned techniques […]

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Order Types – Stop Loss – Slippage

There are several types of trading orders you can send to your Forex brokerage through a client terminal, (trading platform).┬áIn this example Metatrader is used: Market Order Pending Order Stop Loss Order Take Profit Order Market Order If you want to make a quick Forex market entry and you’re not picky about the price you […]

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