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What You Need to Know About Price Action Trading in Forex

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Price action trading is a systematic conceptual trading practice. It is aided by technical tools and recent price history. In price action trading traders are responsible for making their own decisions.      Who Uses Price Action Trading?   Price action trading is all about price prediction and speculations about market trends. It is usually used by retail traders, speculators, and even trading firms that employ senior traders. Using this method one can trade on a wide range of securities including forex, bonds, equities, derivatives et cetera.     What Does Price Action Mean?  Price action rate first to pattern or characters of change in the behavior of assets and securities. It is analyzed by the graphical presentation of the price change over a period of time. A line chart or candlestick chart is used for analysis.   Forex Scalping | Successful Trader in the Forex Markets | Copy Trading | Commodity Brokers| Crypto market is plummeting | Invest in Bitcoins currency

MetaTrader 4 Platform For Forex Trading and Technical Analysis

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  Best Features Of MT 4 Platform And Technical Analysis  MetaTrader 4 is a very popular trading platform where you can trade in forex currency. But it is most popularly used by forex traders as a free-of-charge forex trading platform. MT 4 has all the essential and useful features that let a trader deal with ease.   Visit session forex     The easy interface and technical aspects of this platform make it highly convenient to use. It offers a wide range of technical analysis options as well for ease of trading. Even if you are a newcomer in this industry, you can easily access the financial market and perform forex trading using MT 4.     This platform is exclusively designed for forex trading and futures trading. It makes analysis of the financial market easy. You can perform advanced trading operations, run trading robots also known as expert advisors and do copy trading.     Technical Analysis Of MT 4  The MT 4 platform gives you wide analytical opportunities. You can

What Is the "Rollover" in the Forex Market?

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The practice of postponing the closing date of open trade is referred to as "rollover" in the foreign exchange (FX) market. A currency trader is obligated to take delivery of the currency two business days following the transaction date, as this is a standard practice in most currency exchanges. Also, the trader can try to roll over the position, which means immediately closing the current position at the daily closing rate and re-entering at the new opening rate the next trading day. This will extend the settlement period by one day. It is important to differentiate between a rollover in a retirement account and a rollover in the forex market.  Main Points · A rollover fee may be incurred in the foreign exchange markets if a position is carried over to the following delivery date. · Depending on whether a trader is long or short, their rollover credit or debit may either be positive or negative. · In foreign exchange, the term "rollover rate" refers to the rate