What Is Price Action in Forex?

Price action Forex trading is a method that focuses on analyzing the price charts of financial assets such as stocks, currency pairs, and commodities. Because price change is the main factor that affects profit or loss, traders need to develop a strategy that analyzes trend waves to determine the optimal time to enter and exit a position.

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Jim Anderson - Public Relations
What's Leverage in Forex?

Many people are attracted to Forex trading because of the possibility of obtaining high leverage, which is the ability to use other people's money to trade. But not all traders understand what leverage is, how it works, and how it can affect their profits.

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Jim Anderson - Public Relations
Double Top Pattern: The Complete Guide for Forex Traders

The use of Forex double top is widespread among traders in the Forex market. Forex double top pattern looks like the formation of two maxima at a critical resistance level. A double top in Forex implies that the market would likely stop at this level the third time if it has already deviated from it twice. However, some other important aspects must be considered for a template to be handy.

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Jim Anderson - Public Relations
Forex Swing Trading: Definition & Tips

Trading may seem a simple thing. One just has to buy assets at the lowest price and then sell them when it is the highest. However, various trading technologies allow for more efficient trading. The main differences between them are approaches to analyzing the market situation, opening a position, and monitoring the asset. One of the most comfortable trading methods is Forex swing trade. It does not involve constant monitoring and provides an opportunity to cover essential movements.

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Jim Anderson - Public Relations
Forex Position Trading: What Is It, and How Does It Work?

Trading styles are numerous. Some prefer to make several transactions per quarter, while others do lots of them within a day. The differences lie not only in the time of holding a position and the number of transactions but also in decision-making and risk management. Let’s discover what is position trading in Forex and what are its pros and cons.

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Jim Anderson - Public Relations
Forex Algorithmic Trading: Basics

Manual trading allows you to thoroughly study all the available tools and understand how the charts work and what the indicators and signals are saying. However, manual trading requires the round-the-clock involvement of the trader in the process and also limits their potential opportunities to the number of transactions that they can physically carry out. So, in contrast to manual trading, there is algorithmic trading.

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Jim Anderson - Public Relations
What is pips in Forex trading?

Pip Forex is an abbreviation that stands for "percentage price" or "percentage in point." In the Forex market, this term is used quite often, meaning the smallest price change. Simply put, a pip is synonymous with the term "basis point" (bps). That is, when we define what does pip mean in Forex, we mean exactly such definitions.

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Jim Anderson - Public Relations
Short Selling Currency in Forex Market

Trading and exchange terminology is rich in terms a novice trader has to get used to. For example, to short sell means making a sale. The concept is also recognized in the over-the-counter Forex market, where currencies are bought and sold, so we can talk about a short currency position.

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Jim Anderson - Public Relations

Forex Store Academy

Welcome to Forex Store Academy! As we try our best to produce the best Forex robots, we understand how important it is to have ears and eyes wide open to world trends and news. To be a good trader means more than just following all the rules of trading. It also requires attention to the things that happen in the world’s economy and politics as well as awareness of the new trading systems that are being put out every day. It’s important to be in touch with other traders and share the experience we’ve gained trading both manually or with the help of EAs.

ForexStore is not just an automated trading systems market. We want it to be more than just this. Our dream is to make our store a platform that would unite traders all over the world, giving them the most useful and practical tools for efficient trading. We want our customers to be satisfied not only by our products but also with supportive materials, forex news, and useful articles just about everything you might need to know.

This page of our site was created for this exact reason. Here you will find a news block where we publish only the most important latest news from the world of forex and automated trading systems as well as the important world economy and political news that has an impact on trading. Also here you will find news about updates and changes on the site. Our team works hard to present all the best features you need for the comfort profitable trading and as the site develops, we will definitely notify our users and guests about changes and improvements.

Besides, to help our visitors to get acquainted with the best Forex robots on ForexStore in our blog you will find overviews on the highly-rated according to our rating system robots. If you’re not aware of how the rating works you can read on the rating page. More detailed article about the site rating system and its algorithm you can read here.

In addition, on this page, you can also find informative articles about different aspects of trading including useful tips for your trading, trader’s life hacks, stories, and more. It will be interesting not only for newbie traders but also for those who have already gone some way in Forex trading but still longing to develop. Because the world doesn’t stay the same as it was before and the field of trading methods, strategies and tips expend every day.

We hope that our work helps you to achieve maximum results so we do not get tired to develop and move forward. If you have any kind of feedback about our work that you would like to share with us, feel free to contact us. We would love to hear from you because it helps us to develop.

If you have any questions or suggestions about how to improve our website, feel free to contact us. Our support team will be glad to answer your questions and will provide you with the best possible help. If you are a developer or vendor and you want to share your products of ForexStore, here you can find more information about how to release your EA’s or trading signals on our store.

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