LIT style in forex
The LIT style in forex is a way of reading the market that focuses on why price moves, not just where it moves. Rather than following indicators or reacting to candles, LIT evaluates liquidity, the actions of traders, and market...
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The best candles for trading strategy
Candlestick charts can be very helpful in assessing market trends both past and present. While these charts appear to be simple, they reflect what happened (momentum), how much was at stake (confidence/indecision), and the overall feeling of buyers and sellers...
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What is a script in MetaTrader?
MetaTrader initially seems to be a simple trading platform with the primary focus being charting and executing trades. However, as traders become more involved and have more trades they will often start to look for ways to save time spent...
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What are exotic currency pairs in Forex
If you have been spending time learning about the Forex market, there is a good chance that you have heard traders referring to ‘Major’ and ‘Minor’ currency pairs, as explained by otet. However, eventually, there will be another category of...
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What is a currency pair in Forex?
A currency pair in Forex displays the value of one currency relative to another. Traders will always buy one currency while selling another at the same time, which is why they have to be stated together (currency pair) rather than...
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