Forex Blog & Articles
This blog provides Informational & Educational material to help you grow your Forex Skills
BLOG FOREX INFORMATION & EDUCATIONAL ARTICLES - Ordered by Date Published
Monday, 29 June 2020 11:46
What are MT4 scripts and how do they work?
Written by AllFXBrokers Support
What are MT4 scripts and how do they work? When someone talks about the Metatrader 4 trading platform, quite often traders think about indicators and expert advisors. While traders can’t live without indicators or for that matter expert advisors, the little known sibling is the scripts. Scripts in MT4 often get ignored, but they are a powerful feature that allows you to do so many things. Most importantly MT4 scripts can be used to automate regular tasks which can be mundane and time consuming. If you are a professional trader, or just a beginner who is getting started in using…
Read 2546 times
Published in
Forex Blog - Articles
Monday, 29 June 2020 11:35
MT4 Templates – A beginner’s guide to using templates with Metatrader 4
Written by AllFXBrokers Support
MT4 Templates – A beginner’s guide to using templates with Metatrader 4 MT4 templates is a unique feature offered by the Metatrader 4 (and even Metatrader 5) trading platform. For a complete beginner, the template functionality might seem a bit confusing. But it is very useful, especially if you have custom set ups or require custom indicators. Using the templates feature, you can easily switch between different types of technical analysis as well. In this article, we walk you through the MT4 template features and how can you use this to your advantage. Getting started with using MT4 templates When…
Read 3788 times
Published in
Forex Blog - Articles
Monday, 08 June 2020 11:44
What is open interest in futures and how can it help forex traders?
Written by AllFXBrokers Support
What is open interest in futures and how can it help forex traders? Just as there are many ways to bell a cat, technical analysis of the forex markets also has different approaches. Some traders prefer to use fundamentals, while some focus purely on the technical analysis of the forex markets. Yet, some use other market information to be fully informed before making a trade. There are different ways to do this. One among the many is to look at closely related markets. In doing so, traders can get a feel of the general trends in the forex markets. One…
Read 1607 times
Published in
Forex Blog - Articles
Sunday, 10 May 2020 13:51
Why are open and close prices important for traders?
Written by AllFXBrokers Support
Why are open and close prices important for traders? When it comes to trading the financial markets, there is nothing more important than the price chart itself. From the price chart, all other types of indicators are derived. Traders very well know that there are four kind of prices: Opening price (the price at which a security opened during the start of the session) Closing price (the price at which a security closed during the end of the session) High price (the highest price reached during a trading session) Low price (the lowest price reached during a trading session) Each…
Read 5261 times
Published in
Forex Blog - Articles
Friday, 08 May 2020 17:29
What is the meaning of Contango and Backwardation in Futures Markets?
Written by AllFXBrokers Support
What is the meaning of Contango and Backwardation in Futures Markets? The futures markets are closely related to the spot markets. There are a number of futures contracts that are available; ranging from forex futures to metals futures and commodity futures. The futures markets tend to exhibit strong correlation to the underlying spot markets such as FX, Gold and Crude oil. Therefore, as traders, if you are especially trading the spot markets, it is important to understand what is happening in the futures markets as well. But in order to learn about this, we must first understand what are futures…
Read 2548 times
Published in
Forex Blog - Articles
Wednesday, 25 March 2020 12:59
What are Median Lines (Andrews Pitchfork?)
Written by AllFXBrokers Support
What are Median Lines (Andrews Pitchfork?) Median lines, also commonly known as Andrews Pitchfork is a drawing tool used in technical analysis of the financial markets. The median lines are used to draw a channel to the price action. It comprises of three lines, the two outer lines and the median line itself. By plotting the median line, day traders can identify dynamic support and resistance levels. In other words, the outer median lines tend to act as support and resistance levels. The median lines can show a possible reversal of the trend. You can apply the concepts of median…
Read 2102 times
Published in
Forex Blog - Articles
Wednesday, 25 March 2020 12:42
What are currency swap lines and how do they work?
Written by AllFXBrokers Support
What are currency swap lines and how do they work? Amid current pandemic crisis, one of the big news making rounds is the Fed's swap line arrangements. The Federal Reserve announced on 19th March at the FOMC meeting that it was broadening its swap lines to provide funding to countries. However, this is not the first time. In the past, the Federal Reserve has made use of its swap lines, especially during times of crisis. The Fed's FX swap lines were especially useful during the 2008 Lehman Brother's crisis. The Forex Swap line is basically a monetary policy tool that…
Read 2375 times
Published in
Forex Blog - Articles
Thursday, 12 March 2020 07:54
How to day trade when the market panics?
Written by AllFXBrokers Support
How to day trade when the market panics? One of the things that traders should understand is that investors tend to shoot first and ask questions later. To put this into context, when investors are uncertain or fearful about something, they sell. This comes on the fact that investors are merely trying to protect the profits they made so far. However, the selling can mean different things; from partly unwinding the positions to perhaps even fully unwinding the positions. In some cases, investors can also hedge their exposure by trading derivatives such as options. There are a few things…
Read 1256 times
Published in
Forex Blog - Articles
Tuesday, 18 February 2020 10:31
The interdependency between the financial markets
Written by AllFXBrokers Support
The interdependency between the financial markets If you think that trading forex is all about focusing on just one currency pair or an instrument, then wait until you learn about inter market dependency. In the financial markets, no asset trades in isolation. Almost all the times, you will be able to find a relation between the behavior of one asset or instrument to another. This is the fundamental basis of trading in the financial markets, regardless of whether you are trading forex, or equities or derivatives. Understanding how market sentiment works The reason behind this is because the market sentiment,…
Read 1575 times
Published in
Forex Blog - Articles
What is an order book in trading? When it comes to trading, for many traders their job almost ends after they have placed an order. But behind the scenes, there is a lot more going on than what meets the eye. Among the many processes, order book is one of the critical operational aspects for an electronic trading business. Within itself, understanding order book can be of some value for traders. Most importantly, there is a field in analysis known as order book analysis. This is where traders look at the order to identify trading opportunities. While order book trading…
Read 2079 times
Published in
Forex Blog - Articles
Sunday, 19 January 2020 11:53
How to use seasonal trends to trade Commodity CFDs?
Written by AllFXBrokers Support
How to use seasonal trends to trade Commodity CFDs? Professional traders make use of every bit of intelligence that they can get in order to gain an edge in the markets. There are a number of ways to do this. The trick is in applying the right kind of data. Among the many such available data, seasonal trends or seasonality is one such facet that can greatly improve your trading performance. Many traders tend to apply the information incorrectly. For example, the seasonality trends can be applied to Forex as well. But given the fact that there are a number…
Read 5348 times
Published in
Forex Blog - Articles
Monday, 30 December 2019 08:46
Different ways you can trade the S&P500 index
Written by AllFXBrokers Support
Different ways you can trade the S&P500 index The S&P500 index, also known as the Standard and Poors’ 500 Index is one of the three major equity indexes in the United States. As the world’s largest economy, the index is closely watched, not just in the U.S. but by investors all across the world. If you want to know the health of the U.S. economy and thus by extension, the health of the global economy, look no further than the U.S. equity indexes. As traders, you have the flexibility to trade the S&P500 index in different ways. But before we…
Read 2324 times
Published in
Forex Blog - Articles
Monday, 16 December 2019 18:44
Why you should follow a forex trading plan?
Written by AllFXBrokers Support
Why you should follow a forex trading plan? A forex trading plan might seem a bit of a let down when it comes to trading. After all, it takes a lot of time and is a bit boring comparing to actual trading. Interestingly though, many new traders tend to not have a trading plan at all. Some mistake this as having a trading strategy. But there is quite a bit of a difference between a trading plan and a trading strategy. A trading strategy is a means of helping you to trade in the markets. On the other hand, a…
Read 2295 times
Published in
Forex Blog - Articles
Monday, 02 December 2019 12:20
5 Differences between FX futures and FX Spot
Written by AllFXBrokers Support
5 Differences between FX futures and FX Spot When it comes to trading currencies online, there are many different markets that one could trade. With currencies, the obvious choice of course is the FX spot markets. But did you know that you can also trade currencies in the futures market? In this article, we outline five differences between trading FX futures and FX spot. Although both these markets operate on the foreign exchange or forex markets, the approach is quite different. Also depending on your requirements, you can choose between either of these two. 1. FX Futures are exchange traded…
Read 2331 times
Published in
Forex Blog - Articles
Tuesday, 19 November 2019 19:40
All you need to know about the U.S. dollar Index
Written by AllFXBrokers Support
All you need to know about the U.S. dollar Index The U.S. dollar index or USDX (also known as DXY) for short is an instrument that is widely used across all asset classes. As a forex trader, you should have an understanding of what the USDX is all about. It can be beneficial for your trading as it gives additional information about the markets. The U.S. dollar index is an index which measures the value of the U.S. dollar, relative to a basket of currencies. There are six currencies that make up the basket. These include in order of weightage:…
Read 2309 times
Published in
Forex Blog - Articles
Forex Blog Articles
- The History of Bonuses and promotions in the Forex market
- Forex Trading In South Africa
- 5 Tips to stay focused while Forex Trading
- The 2015 EUR/CHF Shock: How the Swiss National Bank Rocked the Forex World
- What is forex trading?
- Why most news traders fail?
- Why are interest rates so important for FX traders?
- Three types of trading principles that you should know
- Three indicators that work best with Bollinger bands
- Reactions During Our Trading
