News Order

Order Blocks Forex: An Introduction to Trading Strategies

4 min read

Order blocks in Forex trading are used by professional traders who seek to limit their exposure to the market. Order blocks allow traders to join several orders into one to better manage their risk and reduce the volatility associated with the market. This technique allows traders to better control their position size by entering order blocks at different prices. By using order blocks, traders can minimize any downside risk in the event of unfavorable price movements. In addition, order blocks can help traders benefit more from the upside if the market moves in their favor. Furthermore, order blocks also help traders to better manage their risk/reward ratio by enhancing their chance of entering a profitable position.

Forex Trading Strategies

Forex Factory Forex News: Understand Forex Trading Systems

5 min read

factory

Forex Factory is a leading source for timely and accurate forex news and analysis. It offers a wide range of market intelligence, from real-time market summaries to detailed fundamental analysis. Its features include financial calendar, market analysis, trading signals, technical analysis, economic calendar, and market alerts. Its data coverage and insights are comprehensive, with the analysis covering a wide range of topics like political and financial news, technological advancements, and global macroeconomic trends. Consequently, Forex Factory offers a wealth of information for the forex trader.