How to Choose a Forex Broker

The Forex market is an extremely competitive field. Not only is it overwhelmingly complicated, but while trading, you are permanently exposed to some percentage of risk. Thus, it’s crucial to find that one broker you can trust and rely on for a fruitful partnership. To do so, it’s important to stick to some determined parameters, which are going to be fully revealed in this article.

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Jim Anderson - Public Relations
Average True Range (ATR): What Is It and How to Use It on Forex?

Among numerous FX indicators, the Average True Range stands out. Its primary goal is to measure the instability of an asset’s price. It doesn't actually say anything about the vector of the trend but simply shows the level of fluctuations. The metric is used in trend strategies to assess the probability of a trend reversal and determine the moment the price exits the flat. It also serves to set stop loss and take profit orders and is used to estimate the width of the interval when trading using channel strategies. If you have any questions, the ATR indicator is explained in this article.

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Jim Anderson - Public Relations
Understanding Triple Candlestick Patterns for Better Returns

Candlestick analysis, which has been effectively used by traders for several centuries, helps to unravel the psychology of the quotes movement. Read the article to find out why 3 candlestick patterns are the most useful technique for analyzing market sentiment, and what conclusions can be drawn from them to improve trading efficiency.

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Jim Anderson - Public Relations
Forex Stochastic Strategy: Explanation and Tips

The Stochastic oscillator has been known to traders since the 1950s, and it remains one of the favorite tools used in both stock market and Forex trading. Thanks to its versatility and accuracy, it is considered one of the essential technical indicators that every trader should be familiar with. So, what is stochastic in Forex trading, how does it work, and how will it help you earn more?

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Jim Anderson - Public Relations
Bearish Candlestick Patterns: How to Identify, Interpret, and Leverage Their Signals

In addition to the classic candlestick pattern, you may come across other bear candle patterns on your charts. They indicate an upward trend that may come to an end, leading back to a downward trend. So, let's understand what is a bearish candlestick, how to recognize it on the chart, and what it signifies when you see such a pattern before you.

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Jim Anderson - Public Relations
The MACD Indicator: A Comprehensive Guide for Forex Traders

Chart analysis tools play a crucial role in making informed trading decisions when trading on financial markets. Indicators are an essential aspect of technical analysis as, with their help, traders get vital information about the market condition and help predict its future movement. Utilizing relevant indicators can give a competitive edge in trading and contribute to success. While numerous indicators are available, traders often rely on the most informative and popular ones. One of them is the MACD indicator Forex, which holds a significant position in the toolkit of many traders.

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Jim Anderson - Public Relations
Bollinger Bands Strategy: How to Use Bollinger Bands in Forex?

Even beginners in Forex have heard about technical analysis using Bollinger bands. But the main question: when to trade forex Bollinger bands? After all, this answer is the key motivation for learning how Bollinger bands in Forex work. Of course, you can use the best Forex robots and simplify your work in the market several times, getting excellent results and good profits. However, we still suggest that you should be aware of what is Bollinger bands in Forex so that you are not afraid of such concepts as trend trading or Bollinger compression.

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Jim Anderson - Public Relations
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 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.

We’re glad to have you on board!

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