Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.
Dealing or no dealing desks – What do they mean? Forex brokers are classified into either dealing desks (DD) or no dealing desks (NDD) New traders have always been puzzled by the meaning of dealing desks (DD) and no dealing desks (NDD) of forex brokers, with many of them thinking that DD brokers are always […]
The differences between MT4 and MT5 The MetaTrader5 MT5 platform is the successor of the MT4 platform. It was developed and introduced in 2010 by the MetaQuotes Corporation, the same company that introduced the vastly popular MT4. As if the MT4 wasn´t feasible and handy enough to use, the company decided to […]
Investigate before handing your money to a forex ‘wolf’ in sheep´s clothing Brand new forex traders who decide to open a live forex account with a broker face the dilemma of finding a genuine source. Albeit less daunting, the experienced traders face this dilemma as well when they try to change brokers. There […]
Trading on the go in the 21st century The mobile technology has advanced immensely in the last 10 years. In the 70s and the 80s people held strange and unfeasible concepts when they imagined the technology developments that would occur in 20-30 years. But technology is developed by businesses which pursue profit, so they […]
Chapter 10 In Chapter 10 – Risk and Money Management we will discuss how to maximize your profits while minimizing your risk, using one of the most important tools of forex trading – proper money and risk management. This will help you mitigate your risk and still allow you to make a nice profit. Risk […]
Chapter 9 In Chapter 9 we will show you which trading strategies you can combine to get the best results (two is usually better than one). Winning Combinations for Trading Strategies In Chapter 9 we will show you which trading strategies you can combine to get the best results (two is usually better than one). […]
Chapter 8 Having met Mr. Fibonacci, it’s time to get to know some other popular technical indicators. The indicators you are about to learn about are formulas and mathematical tools. As prices shift all the time, the indicators help us put prices into patterns and systems. More Technical Trading Indicators Having met Mr. Fibonacci, it’s […]
In the next two chapters, you will receive a detailed introduction to your technical toolbox. Every professional has his own working tools and so do Forex traders. Our toolbox contains a variety of analytical tools. These tools are helpful for efficient, professional technical analysis (which at the same time, in many cases, support fundamental […]
Chapter 6 It’s time to get right into the thick of things and start learning about technical analysis, one of the most common forex trading strategies. In Chapter 6 we will discuss some of the most popular forex trading strategies. Technical Forex Trading Strategies It’s time to get right into the thick of things and […]
