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Showing posts from November, 2022

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

Starting Your Forex Account

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The market for trading foreign exchange (forex or FX) is one of the most liquid in the world, as it involves the buying and selling of currencies from all over the globe. Forex trading is one of a kind since small investors may take on institutional powerhouses like hedge funds and banks with the appropriate kind of account setup. Standard, mini, and managed trading accounts are the three most common, and all three have their own set of pros and cons. Your risk appetite, the size of your first investment, and the amount of time you can devote to trading daily will all play a role in determining the best account type for you.  Once you start trading in the FX markets, you need to figure out which type of forex trading account is best for your level of skill and experience. Standard accounts are the most common, and they typically have leverage of 100:1 and standard lots with a notional value of $100,000. Mini accounts are designed for novice traders, those who prefer a lower lev