Double Top Pattern: What Is It and How Do You Trade It?
What is the double top pattern?Short Answer: A double top pattern is a potential bearish reversal formation in which price reaches a similar high twice after an ...
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What Is an Ascending Triangle Pattern and How Do You Trade It?
What is an ascending triangle pattern?An ascending triangle pattern is a chart formation with horizontal resistance and progressively higher lows. It suggests i ...
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How to Set Pending Orders, Stop Loss and Take Profit in MT4
How do I set a pending order with Stop Loss and Take Profit in MT4?Short answer: Open New Order, select Pending Order in the Type field, and choose Buy Limit, S ...
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How to Open and Close a Trade in MT4
How do I open and close a trade in MT4 for Windows?Short answer: To open a trade in MT4, right-click an instrument in Market Watch, select New Order, enter the ...
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How to Trade on MT5 Mobile
How do I start trading on MT5 mobile for Android?Short answer: Connect the MT5 Android app to your trading account using the correct server, account number, and ...
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How to Set Stop Loss, Take Profit and Trailing Stop in MT5
How do I set Stop Loss, Take Profit and Trailing Stop in MT5?Short answer: Enter Stop Loss and Take Profit in the New Order window, or add them to an existing p ...
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How to Open and Close a Trade in MT5
How do I open and close a trade in MT5 for Windows?Short answer: To open a market trade in MT5, right-click an instrument in Market Watch, select New Order, ent ...
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How to Set Up Charts in MT5
How do I set up a chart in MT5 for Windows?Short answer: Open a chart by right-clicking an instrument in Market Watch and selecting Chart Window. Choose a chart ...
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Mark to Market: What It Means and How to Calculate It
What is mark to market, and why does it matter?Short Answer: Mark to market (MTM) means updating the value of an asset, liability or trading position using curr ...
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Bull Trap in Trading: How to Spot, Trade and Avoid It
What is a bull trap in trading?Short answer: A bull trap is a false bullish signal in which price rises, often above resistance, attracting buyers before revers ...
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