Forex
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How to Make Better Decisions Through Volume Analysis
27 October 2025 , Abe Cofnas
Have you ever wondered why some price movements are strong and lasting while others seem to be just temporary fluctuations? The answer lies in one important element, trading volume. If you want to see what happens behind the scenes of market movements and understand the real strength of trends, volume analysis is exactly what you […]
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A Comprehensive Guide to Selecting and Using Forex Backtesting Software
27 October 2025 , Abe Cofnas
There is no simple answer to the question, “What is the best Forex backtesting software?” because there is no single one-size-fits-all solution. The best tool for you depends directly on your trading style (manual or automated), the data accuracy you require, and your budget. But before we dive into comparing popular platforms like MetaTrader, TradingView, […]
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The Complete Guide to Using the Market Session Indicator in Forex: From TradingView to MetaTrader
27 October 2025 , Abe Cofnas
Due to its 24-hour nature, the Forex market exhibits unique characteristics at any given time of day. The market’s liquidity and volatility are directly dependent on the active trading session (such as London, New York, or Tokyo), and understanding this dynamic is essential for every trader. The session indicator is an efficient visual tool that […]
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Buy Limit vs. Buy Stop: A Small Difference with a Major Impact on Your Forex Trades
26 October 2025 , Abe Cofnas
If you’re the type of trader who doesn’t want to be glued to the charts all day but still wants to enter the market at a precise, predetermined price, then pending orders are your best tool. Buy Limit and Buy Stop are two key order types that allow you to automate your trade entries intelligently. […]
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Complete Guide to Installing and Using the Backtest Expert Advisor in MetaTrader 4 and 5
23 October 2025 , Abe Cofnas
If you want to know whether your trading strategy truly works before risking real money, the Backtest Expert Advisor in MetaTrader 4 and 5 is the perfect place to start. In this article, we’ll walk you through everything you need to know about the Backtest EA, its role in trading, how to install and use […]
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What Are Consumer and Producer Surplus and How Do They Matter in Economics?
23 October 2025 , Abe Cofnas
In every transaction between a buyer and a seller, there is always some hidden benefit that often goes unnoticed. Part of this benefit belongs to the buyer, who pays less than the value they believe the product is worth, while another part goes to the seller, who sells it for more than the cost of […]
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How Understanding Opportunity Cost Helps You Make Better Decisions
23 October 2025 , Abe Cofnas
In the world of financial decision-making, every choice we make involves a cost known as opportunity cost. But what is the opportunity cost exactly? It refers to the value of the next best alternative that we give up when we make a decision. For example, if you choose to invest in the stock of Company […]
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How to Do Demo Trading on TradingView: A Step-by-Step Guide to Risk-Free Practice
23 October 2025 , Abe Cofnas
If you want to enhance your trading skills without any risk, demo trading on TradingView can be a great help. With this demo account, you can test different strategies and see how they perform in real market conditions. In this article, we will explain how to create and use a demo account step-by-step and in […]
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How to Use the Targeting Tool in TradingView to Define More Accurate Trade Exit Points
22 October 2025 , Abe Cofnas
In the noisy, fast-paced world of financial markets, one question constantly occupies every trader’s mind: “Where should I exit?” This seemingly simple question draws the fine line between a profitable trade and a painful loss. Mastering the art of answering it is what truly separates a skilled analyst from a professional trader. The key to […]
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How to Accurately Measure Your Trading Performance with TradingView’s Profit and Loss Calculator?
22 October 2025 , Abe Cofnas
In financial markets, quick and accurate decision-making can be the difference between profit and loss. One of the key tools for analyzing and managing these decisions is the TradingView risk reward tool. This tool allows traders to estimate potential risk and reward before entering a trade, enabling them to enter the market with greater confidence. […]
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