
1 minute read
Where to start analyzing charts to take a trade?
by expertmagic
Once inside :
account number you will be prompted with the respective password, including the server to choose.
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After that, welcome! Now you can trade
On the other hand, on your Smartphone search an application called
Metatrader 4.
Once inside, we go to settings, we connect to an existing account and do the same thing than on the computer: we add our account number, password and username.
The password and username have been provided earlier in your e-mail by your broker and everything is ready for you to trade in your computer and phone.
WHERE TO START ANALYZING CHARTS TO TAKE A TRADE?
For this, we invite you to create an account on specialized platforms to do your technical analysis. One very famous is the next one:
https://www.tradingview.com/
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Once inside, we invite you to look for currency pairs. When you open a graph, we invite you to experience all that you want, it will be very easy to find as indicators, moving averages, etc ...
The following links are our tradingview profiles in which we daily share market rundowns : make sure to follow both accounts because we are constantly sharing value
https://www.tradingview.com/u/airforexoneJAVIER/
https://www.tradingview.com/u/AIRFOREXONE/
ORDER TYPES
In this section, we present the types of buy and sell orders.
We have explained what CFD’S are. If you have already forgotten, I repeat again briefly because it is essential to start trading forex.
This is a contract in which the difference in the price of a financial instrument is exchanged at the time of opening of the contract and the price at the time of closing the contract. In other words, you open a position at a certain price by opting up or down, and you close it later. Either The price has gone to your direction you win money and if it’s the opposite direction speculated you will lose money
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