Traders blog

For successful trading, in addition to knowledge and experience, a trader needs to have certain qualities. Today we will talk about the importance of confidence in trading and how to increase it. I want to note that confidence and self-confidence sho…

The quotes of the pair have sharply reversed the trend, and you cannot cancel the order? In most cases, this will result in serious losses. But such a simple mechanism as stop loss will help to minimize financial losses. Let’s see what it is and how …

From the middle of technical analysis tools the most popular are arrow indicators. They are so easy to use that they do not cause any difficulties even for beginners. But not all pointers are really effective. The quality of signals depends on the al…

The ForexMT4Systems Cycle indicator, which will be discussed today, is intended for trading on small timeframes: M1, M5 and M15. That doesn’t mean it can’t be used on other TFs, though. It is possible, but it is necessary to keep in mind that in this…

I think one of the most effective ways to analyze the market is by candlestick analysis. Patterns and shapes can help a trader to assess the market situation. Some of them are rare on the chart. But there are also such candlestick combinations that a…