Transaction costs are charged on the Forex market whenever a new position is opened. This transaction cost is called the “spread” which means the difference between the Bid and Ask prices of a currency pair. To know how Forex brokers
Continue ReadingVarious factors make up Forex spreads and they are variable. The factors include market liquidity, market conditions, upcoming economic data and investor sentiment. At times of significant market reports, e.g. reports on economic growth, inflationary reports or interest rate changes,
Continue ReadingPercent Allocation Management Module (PAMM) is a software application used for pairing client funds with a unique discretionary account service offered by foreign exchange brokers. The manager's trading activity results are compounded among central asset accounts according to the ratio
Continue ReadingTrade setups that produce artificial signals either depend on chart patterns or are based on candlestick patterns. For those that count on candlesticks, the pin bar signifies one of the most significant signals that can be utilized to filter good
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