Day 3 – Article 3: Fundamental Drivers in Forex
Understand how GDP, NFP, interest rates, and breaking news drive the Forex market. Learn fundamental analysis and how to trade with global economic awareness.
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Here's a step-by-step guide on how to install a custom Forex indicator on MetaTrader 4 (MT4) or MetaTrader 5 (MT5):
Additional Tips:
By following these steps, you should be able to successfully install and use your custom Forex indicator on your MetaTrader platform.
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A Regular License grants access to our premium Forex tools for one specific MT4 or MT5 account number. This license is designed for individual traders who wish to enhance their trading strategies with our advanced tools.
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An Irregular License provides access to our premium Forex tools for multiple MT4 or MT5 account numbers owned by a single individual. This license is suitable for traders who manage multiple accounts or have multiple trading strategies.
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By understanding the difference between Regular and Irregular licenses, you can choose the right option to meet your specific trading needs.
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Understand how GDP, NFP, interest rates, and breaking news drive the Forex market. Learn fundamental analysis and how to trade with global economic awareness.
Learn how to trade using price action in Forex. Master support and resistance, key candlestick patterns, and trendlines to make smarter trading decisions.
Master Forex analysis: Technical (charts/patterns), Fundamental (economy/news), Sentiment (market mood). Understand market drivers & psychology. Combining all three gives you a powerful trading edge.
Understand Forex quotes! Pairs are Base/Quote. Bid (sell) & Ask (buy) prices create the Spread (broker's cost). Tighter spreads mean lower trading costs. Know your quotes!
Master your Forex platform (MT4/MT5)! Practice placing trades and using features on a demo account risk-free. Treat it seriously to build confidence before trading live.
Choose your Forex broker wisely! Prioritize regulation (FCA, CySEC+), competitive costs (spreads/commissions), a solid platform (MT4/MT5), and good support. Always test with a demo account first!