Forex academy TenkoFX provide an education forex trading, forex, crypto, CFD is a financial market that provided good chances to make money through trading
And online trading has become a promising type of business for traders in the financial sector.
But many new traders do not have enough knowledge about how to start trading online.
This page is a shortcut to the entire content for a beginner’s guide.
You can access this page to get information about your search, which will be updated when new content is available.
All we have learned about Japanese candlesticks, this is just a summary to make it easier to learn the existing candlestick patterns, with a light summary of Japanese candlesticks.
Moving averages are indicators that form the basis of technical analysis, most forex schools will provide lessons about moving averages, their functions, and types and how to use them.
Beginning in the 1920-30s, there was a professional accountant namely Ralph Nelson Elliott.
Elliot has 75 years of experience in analyzing stocks, he says that the stock market actually forms a wave that is always repetitive, and not chaotic.
In technical analysis, support and resistance levels very important as a trigger or reference in trading,
This is a method or indicator to determine support and resistance levels.
We have learned a lot about forex indicators. lagging indicators and also leading indicators now is the time to continue the long journey of a forex career by learning about important chart patterns technical analysis.
Inside bar is one of the patterns that can appear on the price chart, the shape of the inside bar is the opposite of the outside bar pattern, then how to trade inside the bar pattern?
The outside bar forex trading system is a development of the Japanese candlestick.
If you do not understand the Japanese candlestick, it is better for you to read again How to trade with an outside bar is basically as simple as trading with a pin bar.before moving on to this strategy.
One famous and popular strategy in price action is the Pinbar strategy forex.
Trading strategies that are simple and can also be easily understood but provide high profitability.
This is just the summary leading and lagging indicators that we have studied in the past.
Leading indicators and leading indicators have different characteristics.
The momentum indicator has a function as a trend following indicator, trend reversal and as a leading indicator with divergent signals that occur.
Indicator oscillator analysis used to analyze price movements in ranging or sideways conditions.
How to use Oscillator indicator analysis is when prices do not show a clear trend either bullish or bearish
In general, leading and lagging indicators are present in each indicator.
Both functions are to inform market conditions to traders.
We have studied several indicators, with the advantages and disadvantages of each indicator.
The indicator is a popular indicator among traders, the popular indicator summary is just a shortcut about the indicator.
Leading indicators are indicators that give signals before a trend is formed while leading indicators are indicators that give signals after a trend has formed.
What are the types of leading and lagging indicators?
Some traders use several indicators on one chart, they use this combination to get the best signal that gives a percentage of the possibility of getting a higher profit than just using one indicator, how to trade with several indicators?
Ichimoku Kinko Hyo is the most complete indicator than the other indicators, it looks like this indicator is very complicated, but after you learn how to use Ichimoku Kinko Hyo, it will be easy
ADX is an acronym for the Average Directional Index, which is an indicator for measuring the strength of trends, it can also be used to analyze trends that will start, and when trends will end.
This indicator can be a complementary tool for traders, some traders combine with Parabolic SAR
The stochastic indicator is one of the momentum indicators used to determine overbought and oversold in a trading asset.
How to use the stochastic indicator is quite simple and easy to understand
Parabolic SAR is a trend following indicator, it is very good when the market is trending, but when the market is sideways it is likely to find a lot of false signals, it is not advisable to trade in this condition
MACD is one of the most popular technical indicators and many traders use the default MetaTrader 4 indicators.
This indicator also uses a moving average as a calculation, has a multifunction, as a signal trigger, oscillator, determine trends
Keltner channels and Bollinger bands are two indicators that function to measure volatility.
But both use different calculations, Bollinger bands use simple moving averages and standard deviations, while Keltner channels use exponential moving averages and average true ranges as multipliers.
Keltner channels have functions similar to Bollinger bands, they are useful for measuring price volatility, how do you use Keltner channels?
Here you will get interesting information to utilize indicators that bring the success of the developer
How to use Bollinger bands, this indicator is very popular which serves to measure price volatility.
Bollinger band squeeze is when the two bands are close together, and squeeze the price.
When volatility is high the two bands expand
One function of moving average as dynamic support resistance, how to use a moving average as dynamic support resistance actually is simple and easy to understand, but it`s not simpler in reality
Moving average crossovers are trading methods using two moving averages using different periods, the long period is the MA slower and the short period is the faster MA.
How to use moving average crossovers is very simple by waiting for a cross between faster MA and Slower MA
Simple vs exponential moving average, which one is the best?
The two most commonly used moving average variants are the simple moving average (SMA) and the Exponential Moving Average (EMA).
One of the benefits of moving averages is to identify price trends.
How to use moving averages to identify trends, learn more
If the SMA is still affected by the spike of price movements, the exponential moving average places more emphasis on recent data calculations and many traders prefer to use the EMA rather than the SMA
The simple moving average is one type of moving average that serves to show market trends, learn more how to calculating Simple moving average or SMA
What is the definition of a moving average, this page reveals popular indicators that many traders use.
How to choose the best period for forex and CFD market analysis and crypto trading.
Previously we have discussed a lot about Fibonacci, this page is just a summary of what was learned in the previous chapter.
The Fibonacci level is a price area that is believed to be support and resistance, how to place a stop loss with Fibonacci using Fib levels and also swing high and swing low.
Which is better?
Fibonacci extension, then also called Fibonacci expansion, this tool you can find in MetaTrader 4 platform and MetaTrader 5, this tool helps to determine target profit in your trades, how to take profit with Fibonacci Extensions?
Japanese candlestick pattern is basic technical analysis, almost trader choose candlestick graph because it`s simple and easy to use, then Fibonacci retracement is one great tool as the trigger of a signal entry point, how to combine Fibonacci retracement with Japanese candlestick?
A Fibonacci retracement is a good tool, but it can’t work alone to get more profit, with support and resistance the weaknesses of Fibonacci retracement will be more minimal.
How do you use to support and resistance and a combination with Fibonacci?
Fibonacci retracements, like other tools, have weaknesses, sometimes failing as an entry signal, even though there is already a sign at the retracement level.
Learn how to deal with trading conditions with failed Fibonacci.
Fibonacci retracement levels are temporary support and resistance levels, how to use the Fibonacci retracement by finding swing highs and swing lows in a timeframe.
What are the steps, get a guide for bullish and bearish to identify trends and how to determine to buy or sell according to the trend.
Fibonacci is a tool that is in the forex trading platform, the first time from Leonardo Da Pisa, a mathematician from Italy.
Fibonacci series is the most popular with the discovery of golden ratios that match natural conditions
Forex market is the biggest market in the world, with high liquidity make all traders having the opportunity to buy and sell currency to make money.
Market forex simultaneously opens 24 hours 5 days a week, this is different with stocks market which limited time with working hours, forex is most liquid, it:s mean the price change in a given time, this is a great opportunity for many speculators which having most higher volume trading in the market.
Before you start trading, whether on a demo account or a real account, getting to know how many order types in forex also need to be part of learning about the forex business.
Broadly speaking, orders are divided into market orders and pending orders, but there are rarely used terms that sound strange but are real, learn more here.
Improving your experience using a demo account will provide many valuable lessons before you start with a real account.
Learn more about how to trade a demo account to achieve your success, apply your strategy with a risk-free, learn to manage your capital to increase your portfolio.
If you have already learned about forex, then learning about forex market hours will also provide important information for you to trade.
Forex market hours clock is divided into four market sessions that open and close continuously.
When the Asian session closes before that the London session has opened, and before the London session closes the New York session has opened, and finally, the Sydney session and this clock continue to repeat for 5 days a week.
Learn more about forex market hours to find out the best sessions and the best pairs for each session.
Forex market is a market that is open 24 hours five days a week, but not all market days and sessions are the best time for trading.
Learn which market sessions provide the best opportunities for trading, and on what day is the best time.
Support and resistance are the basis of technical analysis, this is an important lesson that must be learned by all traders.
Learning support and resistance is very important, next is about the trend line which is also a continuation of the basic lessons in technical analysis
Channels are useful for determining support and resistance and are the basis of technical analysis, although simple but this is a good method and is widely used by traders for market analysis.
Support and resistance are strong zones where prices have a tendency to bounce in this area, how to trade with support and resistance.
Japanese candlesticks were originally used by rice traders in Japan to use this chart to analyze the price of rice on the market, by Steve Nison becoming popular after he introduced Japanse candlestick strategies to the Western world.
As a reversal signal, candlesticks have three groups, the first is a single candlestick pattern, the second dual candlestick pattern, the third triple candlestick pattern.
Learning all three is a basic lesson in technical analysis with price action.
If you trade based on candlestick pattern alone, it will face so many mistake trading and cause the losing trades, but if trade with support and resistance and look react candlestick pattern on these areas, it will giving better trading setup.
Who trades in this large forex market? the government, the central bank to retail traders like us are part of the forex market participants.
Who has the most influence on currency changes, learn more here
Maybe for beginners still curious about how to trade forex? Simply put, forex trading is buying and selling currencies using other currencies.
There are many currency pairs that are traded on the forex market, learn more to get an idea of how to trade forex here.
Learn what are the major currencies, minor currencies, how to get profits, and strange terms that are not yet known by beginners.
How is the history of forex, the history of the forex market how it all began?
Learning forex, can not be separated to learn also about the history of forex trading, since the primitive era with the barter system until the modern era with online forex trading.
In the forex world, there two types of brokerage firms, it’s Dealing desk broker or DD, and No Dealing Desk broker or NDD, what the best type to choose from the two?
Almost forex trader already familiar with spread broker, but some of them definitively still less understand how its work, how to calculated spread cost
Many brokers out there offer services to traders, hundreds or even thousands of brokerage companies in the forex world.
Not all brokerage companies provide services by giving satisfaction, there are also scam brokers. Then how to protect yourself from scam brokers, check it out.
How to open a forex trading account? What are the requirements that need to be prepared before registering?
Some useful tips as a step in opening a forex trading account.
Before opening a trading position, a trader will conduct a market analysis, there are three types of analysis known by traders, technical analysis, fundamental analysis, and sentiment analysis.
What is the difference between the three types of analysis, and how to do the analysis in three ways
In forex trading, there is three types of analysis, it’s technical analysis, fundamental analysis, and sentiment analysis, which the best one from these all analysis?
Why trade forex? because there are some advantages of forex trading, we can trade anytime and anywhere.
Why is forex so popular? technological growth delivers easy access to forex with ease and free learning with an education that is available in many sources
Why trade forex? which is better between forex vs stocks trading?
There are thousands of stocks on the exchange, and there are many currencies in forex, which one is easier to choose? is forex more profitable?
What does margin trading mean, how margin trading works, what is the margin required in trading, this is a basic lesson in trading, which many traders may say but don’t really understand how it works. Learn more to get a better understanding here, On part two, about margin requirement, required margin used margin, free margin, and equity, then part three related margin about margin call level, and stop out level
What happens if the broker uses the policy only with a margin call and without using a separate stop out the policy? Find out more about how margin calls work in the example
Different brokers may have different margin call policies, then what happens if the broker has rules for margin call 100% and stop out level 50%, here is a trading scenario on how to stop out work?
Start trading with $100 is possible
Because forex provides trading opportunities using low capital, of course, it is possible to start trading with only 100 $, what if you only trading with100 $ capital, we to continue the discussion for margin trading this time with the example of using only 100 $ capital.
If you trade with a broker with only margin call policy without separated stop out level, hence you will not receive warning low margin level to your inbox, while if you trade on a broker with a policy margin call and stop out level hence you will receive warning low margin to your inbox.
What is the relationship between margin and leverage? What is the difference between leverage and margin?
For a new beginner trader, some of them still don’t understand about the term in forex, the first time they hear the certain language, maybe will felt weird in their minds, understanding about glossary forex will giving good understanding when talking about forex
Before the 1990s, forex trading is very difficult to take part in this business, because cost transaction is a very big number, and the government still have strict regulation regarding forex, but after 2000s, in the technology era, there are so many brokers even hundred or thousand brokers have established.
CFD is a Contract for Difference, which allows you to buy or sell an asset but you don’t actually buy the asset in real form.
To trade CFDs, you choose the best CFD broker for profitable convenience.
CFD investment giving an opportunity to make a profit from the commodity market.
TenkoFX offers CFD and forex trading and crypto trading. with an ECN type broker with real access to the interbank market.
When traders trade online, learning how to read a chart is very important because by understanding the concept of how to read this chart the trader will know the information obtained from the reading a candlestick chart, line chart, or bar chart.
This is the first lesson as basic education of a trader when going to start an online business trading CFD, forex, or crypto trading.
TenkoFX uses the Metatrader 4 platform, and you are free to choose to use candlestick charts, line charts or bar charts.
When trading online, a trader needs a trading platform.
The Metatrader platform is a software that in practice many brokers use this platform.
There are several types of trading platforms and developers.
There are Metatrader 4 platforms for forex trading, MetaTrader 5, Metatrader web platform.
The most widely used platform is Metatrader 4 trading platform, and currently under development is the Metatrader 5 trading platform.
Both now support mobile platforms.
Supported by Metatrader 4, the Tenkofx platform provides traders with access to online trading according to your needs.
With the existence of several types of trading platforms, they have advantages and disadvantages to each.
By studying CFD trading platform comparison, at least you will understand which platform has more value and is suitable for trading.
Web trader, is a no complex platform, you can directly visit the web trader’s address and log in via your favourite browser, but with limited features.
Metatrader 4 you need to download a platform that supports Windows or Mac, adjusting your computer’s operating system.
Pip definition in forex is the smallest unit in which represents changes in currency prices in forex.
How to calculate pip in forex using a certain formula, but in trading, you don’t need to calculate it manually because it will automatically be calculated via the trading platform.
How much is 1 pip depending on the size of the position and the contract value?
What is leverage forex?
Leverage finance definition is the ratio between trader’s funds to the number of funds needed to open a position.
This leverage is provided by a financial broker and allows clients to complete transactions with an amount greater than the trader’s personal funds.
What is the leverage ratio is usually written by 1:1, 1:100, 1:200, 1:400, 1:500, 1:1000, it will be depending broker as leverage provider, higher leverage will higher profit possibility but also the risk too?
The free paper trading simulator gives you risk-free trading, without using real money but only using virtual money. With the paper trading platform, you can practice buying and selling trading instruments without worrying about losing money.
You can do a free trial before depositing money into a real trading account. Before starting with a live account, you suggested utilizing forex paper trading with TenkoFX, synonym paper trading is a demo account.
Technical analysis is a price analysis approach that studies market activity using historical price data.
Including price charts, which have occurred in the past, to predict and anticipate future price movements.
Technical analysis learning is one way to get online trading profits.
Learning technical analysis is very important as a basis for understanding market conditions.
Historical data used in technical analysis include information on opening, closing, highest, lowest, and trading volume information.
A short-selling definition according to Wikipedia is a term used in the financial world, is a way to obtain profits from falling prices from security such as stocks or bonds. As opposed to “short” this is “long”, which is a strategy used if the price is expected to increase.
Short selling is a method used in stock selling where investors/traders borrow funds (on margin) to sell shares (not yet owned) at high prices in the hope that they will repurchase and return shares to their broker at the time the stock goes down.
Money management trading strategies are a very important part of conducting online forex and CFD trading.
Being a successful trader does not only rely on strategies and ways of market analysis but also uses strict money management.
Calculate the number of funds in the account, determine the size of positions that are in one trade.
How much initial capital to be prepared for trading is included in overall money management.
Apply money management techniques in forex trading to achieved success.
TenkoFX provides trading opportunities for only $ 10.
Forex trading plans are very important lessons in trading activities.
For example, with a $ 100 budget, with a trading plan.
A trader can make an estimate of the size of the position to be opened.
Then a strategy that matches the amount of capital, and the amount of risk that is ready to be borne in one trading planner.
Forex trading psychology how to beat your emotions, this is one of the keys to success in online trading.
Having a good trading system without good psychology will make it easy to change the way traders.
So that it breaks the system because it does not comply with trading rules.
Trading psychology and risk management are two important lessons as a newbie must practice this if you want to become a successful trader.
A trading style definition is a way of trading, scalping, intraday trading or swing trading and trading positions.
What does trading style mean is a style that suits the psychological condition of a trader.
Choosing this trading style will determine the success of the trades that match each trader.
Develop a personal trading style requires trial and evaluation of the results.
Social trading is a service that is a place between traders, traders, and brokers in one platform, which allows traders to get analytical signals from the master traders to make trading decisions.
While copy trading is a service of a broker that allows trader investors to copy trading transactions from other chosen master traders.
Both of them open the opportunity for the best traders to get additional income when the investor trader subscribe to their channel.
For trader investor, provides a benefit because he can make profits with the help of the master trader.
Low budget trading is not an obstacle to be able to double profits in online forex trading.
One of the advantages in the online trading business is the initial capital can be only 10 $.
And with the leverage that allows with low budget trading will increase the portfolio faster.
Retail traders have the opportunity to be successful.
Investment and stock trading are two different things.
Investment is a way to gain profit from capital invested in an asset, it can be in the short term, medium-term or long term.
Trading stocks or CFDs is a way to get profit from trading an asset, it buys and sells in the short, medium or long term.
South Africa is the target of the rapidly growing online trading market.
Free online trading courses in South Africa provide knowledge when beginners start trading online.
By choosing TenkoFX, South Africa’s best online trading platform is an opportunity to get income just working from home.
According to Wikipedia derivative is a bilateral contract or a payment exchange agreement whose value is derived or comes from a product that becomes a “principal reference” or also called an “underlying product”.
Instead of physically trading or exchanging an asset, market participants make an agreement to exchange money, assets or a value in the future with reference to the assets that are the main reference.
Options trading is a contract that gives the right to buy or sell an asset at a certain price and within a specified time period.
In this case, the intended asset is in the form of stocks, foreign exchange, or shares.
In practice, playing options is much in demand by traders.
Because, the benefits that can be obtained are far greater and can come from any direction, such as bullish, sideways, or bearish.
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