Slippage In financial trading, slippage is a term that refers to the difference between a trade’s expected price and the actual price at which the trade is executed. This normally transpires during high periods of volatility as well as periods whereby orders cannot be matched at desired prices. Slippage in forex tends to be seen in a [...]
The Channel pattern chart borrows its name from the geometry of how rivers flow. A channel is formed when the energy of the river encounters a barrier (river bed). The river will hit this barrier and reverse in the opposite direction, hitting the barrier on the other side. This zigzag pattern of flow forms the [...]
Forex robots (EA) have become very popular ever since the MetaTrader 4 trading platform was released. A forex robot or an expert advisor is a piece of computer software that automatically makes trading decisions on behalf of the trader. Forex robots are designed with inbuilt trading rules, which enable them to enter and exit trades [...]
Trade Management: Forex trade management is arguably the most important aspect of success in the markets; it can literally make or break you. Once you learn a high probability Forex trading strategy like price action, you have to know how to manage your trades after they are live. Most traders simply ignore this essential piece of the [...]
