Search results (20)
Quotation
Forex education
The term “to quote” is most likely to have come from the French verb "coter" which means to mark/label with numbers. The quote is the value of one currency unit denominated in terms of another currency.For example, the EUR/USD rate is 1.275...
Quotes feed
Forex education
Quotes feed is the sequence of quotes for each trading instrument on the trading platform.
Chapter 5. Forex quotes
Forex education
When we buy something in a shop, a price tag shows us the price of an item in the domestic currency. For example, we pay $12 for a book which is common practice for us.In the Forex market, we always trade one currency against another. There...
Unable to open position
Technical questions
One of the main reasons why you could fail to open a deal in a trading platform is typing in the investor password instead of the trader password. Please make sure that you enter your trader password in the authorization form.Another common...
Non-market quote
Forex education
Non-market quote is the price level inside the gap. It represents several price ticks of similar value which form a price gap. It is directly related to the quotes that appear due to the price noise. This price level occurs aimid the lack o...
Scalping
Forex education
There is no single opinion about the scalping trading strategy. However, more and more traders are getting interested in this method. Why does scalping look so appealing? Probably because it is one of the few ways to make a quick profit on...
Price, trading volume and open interest
Forex education
The price is not the only weighty factor to be considered while analyzing Forex market. Besides the currency exchange rate, its trading volume plays an important role, too.There is the postulate of the Dow Theory that tells that the trend m...
Support, resistance and trend types
Forex education
The primary task of technical analysis of financial markets in general and the Forex market in particular is finding a trend on a plotted chart. The Dow theory discerns three types of trends: long-term, medium-terms and short-term trends. T...
Normal market conditions
Forex education
Normal market conditions meet each of the following requirements: absence of noticeable breaks in quotes supply on the trading platform, absence of rushing price dynamics, and absence of essential price gaps.
Expert advisor
Forex education
Expert advisor is a program developed for managing a trading account written in MetaQuotes Language 4. The program sends requests and orders to a server through the client's trading platform.