Author: Victor Gryazin

Has been a trader since 2004 - Forex, stocks, commodities. Over the past years, gained experience and knowledge helped to form a personal vision of the market, combining fundamentals and tech, and I’m ready to share it with readers.

Basics of Technical Analysis

To succeed in market trading you should learn to analyze and forecast price movements. The market price is influenced by a whole range of various factors, all of which we literally cannot know. A question emerges: in this case, how does forecasting become possible? This question is answered by one of the basic and most necessary types of market analysis — technical analysis.

Two Ways of Investments on Forex: PAMM and RAMM

Investments on Forex feature equally high risks and profits. That is why one should only trust their assets to experienced Forex players – traders demonstrating stable and high results. It used to be quite complicated: one had to find a successful trader, check their trading statistics, sign a personal management agreement and hope that the trader will go by its letter.

Trading – the Most Popular Patterns

A pattern means a repeated element in different spheres of life – nature, psychology, music, design, trading, etc. When it comes to trading, a pattern is a stable and repeated combination of data on prices, volumes, or indicators. Chart patterns are specific and repeated areas on the price charts and sometimes they are called price patterns.

The Basics of Fundamental Analysis

The influence of fundamental data on the dynamics of financial instruments is studied by a special type of analysis – fundamental analysis, an integral part of any trader training program. Fundamental analysis is applied to regularly published macroeconomic indices of certain countries and the world economy on the whole as well as to political events, relevant for the financial world.

How to Use MetaTrader 4 (MT4)

An application for trading on financial markets, MetaTrader 4 was developed and is supported by MetaQuotes Software. Despite its quite deep history (released in 2005), MetaTrader 4 has been one of the most popular and actual software for traders ever since. Its recipe for success can be explained by three words, availability, simplicity, and effectiveness. MT4 terminal is free and multi lingual (supports about 40 languages), has a user-friendly interface all necessary features for manual and automated trading. Initially, the application was intended for trading on the Forex market, but later traders started using the terminals for other assets as well, such as CFDs on stocks, indices, cryptocurrencies, metals, commodities, etc. Result: an intuitive and user-friendly multi-purpose terminal, which allows to trade a wide range of instruments.