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April 6, 2018

FXTM, What is the "Shooting Star" Candlestick pattern?

A Shooting Star formed at the end of an uptrend or at a resistance area has bearish reversal implications. Traders enter the market with long positions but eventually the sellers’ pressure overcomes buyers’ pressure and the candlestic...


April 6, 2018

FXTM, What is the Candlestick pattern "Long Black Boy"?

A candlestick of a long black body that forms at the end of an uptrend, or at a resistance area. This has bearish reversal implications. The prolonged rally brought prices higher to a point that caught the traders’ attention, trigg...

March 20, 2018

What are Market Trend and Peak & Trough in financial market?

Markets moves in waves in motions, rising and falling. When a market moves upwards for the certain period, it's called an "uptrend". Similarly, when the market moves downwards for the certain period, it's called a "downtrend". O...

March 19, 2018

What do "Ranging" and "Breakouts" mean in financial terms?

Ranging Ranging occurs when the market price stays at around the same level with very little change. In the situation, the support and resistance level* are very close to one another. *The support level is the lowest price that mark...


January 22, 2018

XM, How can I install indicators and EA in MT4 platform?

To install Indicators or EAs for MT4 platform: Open ‘File’ – ‘Open Data Folder’. Move inside the MQL4 folder. To install indicators, paste MT4 indicator file you wish to install inside the ‘Indicators’ folder. To install EA...

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