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Trading results for July 2015. Profit: +$1,550
CategoryNews

Dear readers! Today I’ve received an email from InstaForexsaying that the “250% Bonus” campaign is still available to Forex beginners, despite the current economic crisis. All you need to do to receive the bonus is follow this link. As for the company’s most loyal clients, who have been trading with InstaForex for years, they can expand their deposits by using one of the welcome bonuses of 30%,55%, and 100%. What’s more, you can also get up to 13% annual interest on free margin. It is no wonder therefore that so many traders choose InstaForex. 

Lesson 25: Chart zooming in MetaTrader 4
CategoryFor Beginners

To give a close outlook on a trading instrument, one should know the aspects of working in MetaTrader4. That’s why during this lesson we’ll deal with the following features:

  • how to zoom a chart;
  • how to shift space from the price extremes to upper and lower window edges;
  • how to set a custom vertical position of a chart;

Lesson 24: What account settings to choose to trade on Forex
CategoryFor Beginners

If you want to succeed in trading, you need to choose the right conditions for your account. Most brokers offer the following options:

  • various currency types: US dollar, euro, ruble, gold, cryptocurrency
  •  accounts with swap or swap-free;
  • leverage from 1:1 to 1:5,000;
  • fixed or floating spread.

Let's have a closer look at each parameter.

Trading results for June 2015. Profit: +$554
CategoryNews

Dearreaders! I’m often asked, “What company would you recommend for opening an account to trade on Forex?” My answer is, choose the one that treats its clients like kings and offers lots of goodies to ensure comfortable trading. Personally, Iprefer InstaForex. Why? The reason is simple. Despite the current economic crisis, InstaForex is still holding the “250% Bonus” campaign aimed at trading beginners. To receive the bonus, follow this link. The company’s most loyal clients can also expand their deposits by using one of the welcome bonuses (30%,55%,100%). Besides, the broker accrues up to 13% annual interest on free margin. 

Lesson 23. How to set pop-up alerts, email and PUSH notifications in MT4 trading platform
CategoryFor Beginners

 

Time is a resource, which a modern high-flier views as a precious value. The proverb Time is money is especially meaningful nowadays. Developers at MetaQuotes appreciate your time and therefore introduced a helpful option to mt4 and mt5 trading platforms. This option enables you to receive local alerts, email, and PUSH notifications. From now on, when your expert adviser finds a market entry point, you will be informed about it by one or some of the abovementioned ways. The important thing is that a signal should be set right so that you don’t lose it. In this article, you will find out how to do it the right way.

Trend trading using Pattern Graphix plug-in
CategoryForex advisors

 

Trend trading is considered to be the safest and easiest way to make money on Forex. Prior to opening a trade, you should correctly determine market entry and exit points. To find these points, you should have extensive knowledge and solid trading experience. The Pattern Graphix plug-in, specifically designed for clients of brokerage firms, will enable you to trade on Forex without the needed knowledge and experience. Developers of Pattern Graphix implemented one of the most effective ways of trend trading in the plug-in, which includes the price chart analysis for trend continuation patterns.    

Trading results for May 2015. Profit: +$1,816
CategoryNews

Dear readers! I’d like to remind you that the “250% Bonus” campaign from InstaForex is still available to trading beginners, despite the current economic crisis. Togetthebonus, followthislink. The company’s most loyal clients can expand their deposits by using a welcome bonus of 30%,55%, or 100%. In addition to all these benefits, you can also receive up to 13% annual interest on free margin. It is no wonder therefore that InstaForex is chosen by so many traders. 

By the way, today is the last day of spring, which means it is time to sum up my trading results for May 2015. This month brought me a nice profit that totaled $1816 on two accounts. 

Lesson 22. Working in MetaTrader 4 platform: order expiration.
CategoryFor Beginners

Dear friends, I’m aware of your keen interest in articles about functional features of MetaTrader 4. For sure I’ll expand on this topic. Today, we’re going to consider a helpful option, expiration of a pending order. This feature is used mainly by day traders. It enables to cancel a pending order automatically if an order is not executed by a date and time, specified in the appropriate Expiration field at the moment of placing this order. We’re going to discuss how it is used in practice in the Morning flat breakout trading strategy. Let me remind you that following this trading strategy, we place two breakthrough orders on a daily basis and cancel them at the end of the trading day if they haven’t been triggered off. 

Lesson 21: Templates in MetaTrader 4: saving, adding, and applying
CategoryFor Beginners

 

Today we’ll cover the issue of templates in the MetaTrader 4 platform. Perhaps, some of you consider templates useless stuff, but believe me they are not. Templates will save you tons of nerves and time when you re-install a platform or test a trading system. Once you applied a template to MT4, you don’t have to bother yourself with adding indicators to every instrument chart, set parameters, or adjust colors as the template will do everything for you. Of course, needed indicators should be added to a corresponding folder in your platform.

Does it make sense to put stop loss when trading in Forex?
CategoryMoney Management

 “Observing that he had not put in a stop-loss order I spoke to him about it and he told me that the break hadn't fairly begun and he wasn't going to be shaken out by any one-point reaction. This was in August. Before the middle of September he borrowed ten dollars from me for a baby carriage -- his fourth.”

Edwin LefevreReminiscences of a Stock Operator

Thank you for taking your time to read my post. Today, let’s consider an important and practical issue on stop orders. What is a stop order? What is special about them? Why do traders need stop orders?  

Stop Loss is an order placed by a trader on a trading platform to sell a security when it reaches a certain price. A stop-loss order is designed to limit an investor’s loss on a position in a security. It is also known as a “stop order” or “stop-market order.” 

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