After installing and opening a demo Forex account on MetaTrader 4 you can begin to study the platform’s interface. MetaTrader’s opening page is like in the image: Let’s analyse the interface by considering every point displayed in the image: Area 1 This area of the window shows yo...

Besides a bar’s reversal, there is also the possibility to forsee the reversal of a trend by using two depletion bars. The first of the two bars keeps the same direction of the main trend. For example, if you have an ascending trend it will have a positive closure very close to the trend’...

The depletion bar can be usually found at the end of a trend and it indicated a possible reversal of that trend. It has  a significant pyschological aspect, that’s why it is considered one of the most reliable bars. By studying a candlestick, you can notice that above and below the main candl...

The support is that level at which the price will never get below, for a given period of time, due to high concentration of demand. On the contrary, resistance is the given level above which the prce will not rise ever, due to increased sale volumes as you approach the given price. Support and resis...

As you have already read,  MetaTrader is one of the best ( or maybe THE best ) and most used trading platforms in the Forex market. You will now see how to install and use this software. MetaTrader is compatible with the Windows operating systems  ( 98, ME, 2000 , XP, Vista ) and even for mobile d...

We have already analyzed how the Kagi graphs represent, through the drawing of lines, the evolution of prices of a given index, currency or title. Let’s now analyse how to behave in a practical and operative point of view. First of all, you can choose among three different ways to approach th...

After studying the Renko graphs, we now analyse the Kagi graphs, whose name derives from a Japanese man ( Mr. Kagi infact ) that was born during the growth of the japanese market, around 1870. The Kagi graphs are made by showing the price and not the time. On the Kagi graph the evolution of prices i...

Most people who invest in the Forex market use the MetaTrader 4 platform. MetaTrader is one of the most advanced and operative trading platforms that allows you to work on the Forex, Fures and CFD markets and to check your trading activities in an easy and versatile way. In particular, MetaTrader 4...

After building a Renko graph, you must be able to analyse it. The first thing to know is that the graph does not involve time: on the graph, as a matter of fact, you will notice price variations without considering the elapsed time. You must keep in mind that if a price mutates from its previous va...

The Renko graph is a graph made by “bricks” and realized by analyzing the prices of closure in the moments of quotations. The word “Renko” derives from the italian word “renga” that in Italian means, as a matter of fact, “brick”. You  must be add a &#...