Forex for Beginners | Forex Trader Portal

How to set Take Profit correctly

April 30, 2018 by Michael Leave a Comment

Closing the position is often more important than entering it. We all constantly hear about the fact that you cannot trade without stop losses, but at the same people pay too little attention to the Take Profit order. It’s time to correct this mistake. In today’s material we will talk about the importance of Take … [Read more…]

Trader’s Diary – should I have one?

December 27, 2017 by Michael Leave a Comment

Hello, fellow forex traders! Today we will talk about such a thing as the Trader’s Diary. This is an important element of success that can become critical on your path. Today we will talk about why we need a diary, about the so-called hindsight bias, about what types of diaries exist, which ones are better … [Read more…]

Graphical analysis on Forex – what is it?

December 18, 2017 by Michael Leave a Comment

As you know, about 90% of the information about the world around us is obtained with the help of vision. At the same time, huge work on correcting errors of different levels of perception is done at a subconscious level, and we are aware of the already processed data array. In some cases, this can … [Read more…]

Psychological Price Levels

December 13, 2017 by Michael Leave a Comment

Greetings to all visitors to our Forex portal! Today we will talk about the psychology of the crowd, the price levels that attract the bulk of traders, and what we do with all this – at what levels to pay attention to and how to properly place orders for entering/exiting the market. And, I will … [Read more…]

How to apply Elliott Waves in Forex

October 30, 2017 by Michael Leave a Comment

Good afternoon, fellow forex traders! Today, by your request, we’ll talk about Elliott Waves. A long time ago in a distant America lived a man called Ralph Elliott. Analyzing the market on long winter evenings, he developed the concept of the fractal nature of the market. Several generations of traders have changed, but his theory … [Read more…]

Why does the price turn around after my stop loss?

October 9, 2017 by Michael Leave a Comment

Hello, fellow forex traders! Today, we will discuss one rhetorical question, which often arises both for beginners and for quite experienced traders. This question sounds like this: “Why, as soon as my stop loss triggered, the price reverses?” Why is this happening, does the market see where you place your orders, and why it knocks … [Read more…]

What you need to know about Stop Loss

August 24, 2017 by Michael Leave a Comment

Hello, fellow forex traders! In this lesson, we will talk about Stop Loss (SL). Stop Loss is a very important thing that your success or failure in trading depends on. Next, we will learn what a stop loss is, where to set it and in what way, which SL is better to use, we will compare … [Read more…]

How are the Forex orders executed

July 18, 2017 by Michael Leave a Comment

Hello, friends, Forex traders! Today we will discuss very important, but often skipped by traders principles of the execution of the orders on Forex. We talk about when the orders are displayed on the interbank market, what is a price glass, at what price are pending, market, stop-loss and take-profit orders executed, as well as … [Read more…]

What is Liquidity in Forex market?

April 4, 2017 by Michael Leave a Comment

Hello friends, Forex traders! We have all heard the phrase “The Forex market is the most liquid market.” What does it mean? What is liquidity? What are the dangers of low liquidity? And, what about the Liquidity of your broker? In this lesson, we will examine these issues in more details 🙂 The presence of … [Read more…]

What timeframe to choose?

March 14, 2017 by Michael Leave a Comment

Good time of the day, fellow traders. Forex beginners face a very large amount of information: there are many strategies, indicators, training courses, etc. And one of the most important decisions you have to make is to choose a timeframe. That is what chart to trade? A five-minute (M5), 1-hour (H1), a 4-hour (H4) one? … [Read more…]