MT4 Signals: Setting up signal providers

In order to use a signal provider, there are some steps to follow: – Register for an MQL4 community ID through community website -Once you have registered, open your MT4 platform and go on Tools àOptionsà Community and enter your details – Go on the Terminal window and click on Signals; here you have a

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Categories: Metatrader

MT4 Signals: what is it?

New traders generally look for more experienced mentors with a good background and proven track record. However experienced traders are known to be quite jealous about their techniques and is difficult that they share their secrets with everybody. Signals give the opportunity to take advantage from the crowd of traders (experts and non)  in order

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Categories: Forex

Build 670: MT4 market depth function

On Friday 4th July, 2014, has been released the MetaTrader4 platform update. There are many changes but in this article we will focus on one in particular, regarding a function that is directly related with the trading activity. The name of this new function is Market Depth and can be found in the Market Watch.

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Categories: Forex

MT4 iPhone and iPad: Insert and modify a pending order

In the previous articles we saw how to install the MetaTrade4 mobile application and how to personalize the template on your telephone. Last, we treat how to use simple trading commands such as Buy and Sell. In this article we will analyse how to insert pending orders with the MT4 application for iPhone and iPad.

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Categories: Blog

GBPJPY: broken the resistance of 174.84

Overview Yesterday there have been two important events, the non-farm-payroll and the speech of the European Central Bank boss Mario Draghi. If the US recovery appears to be well and truly on track, the Governor of the ECB said yesterday that the bank’s monetary stance would remain unchanged for the coming month. These news have

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Categories: Forex-Daily

CFDs

A CFD, or Contract for Difference, is an agreement between two parties to exchange the difference between the opening price and closing price of a contract. CFDs are derivatives products that allow you to trade on live market price movements without actually owning the underlying instrument on which your contract is based. You can sell

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Categories: Forex

MetaTrader4: the platform

Here we will analyse how to utilize the MT4 platform in the event you have never used MetaTrader4. The image below shows the platform that traders use to place their trades in Forex market.   1)      Market Watch In this chart it is possible to observe in real time the “bid” and “ask” price in

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Categories: Forex

Swap & Rollover

Generally traders decide to open and close many position during the day in order to gain the maximum profit in a short time.  However if they decide to hold a position overnight, then each account is credited or debited an interest charge calculated on the full size (notional value) of the traders’ position. This particular

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Categories: Forex

Pending Orders

A pending order allows traders to buy and sell securities at a fixed price in the future. This type of order is triggered when the price reaches the price level selected in the order. The order will not be filled if price does not reach this level. There are four types of pending orders available

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Categories: Forex

Market Order

A market order represents the basic type of trade order and is used to buy or sell a currency pair at the preferred price. Securities are bought at the ASK price and sold at the BID price. If the trader absolutely needs to open or to close a long/short position, a market order is the quickest method

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Categories: Forex