It allows for fast switching between financial instruments, the receiving of real-time quotes, and all types of trade execution. Here are just some of the features Pepperstone clients can expect from it: Level 2 prices with up to 32 quotes Visualization of pending order prices on trade levels...
EUR/USD and GBP/USD No matter what time horizon one is looking at, these two pairs seem joined at the hip. They usually exhibit a very strong positive correlation of 80% or better, which means that when EUR/USD trends up or down, so too does GBP/USD 80-90% of the time, with dev...
Some traders close the trade manually if the instrument reaches the important and strong level on the longer timeframe chart. Another reason to exit a trade manually if the price passes the average daily move (suitable for intraday traders). There could be other conditions. Here everything becom...
In this case, it took some time for the trade to work out. The price do not always go in the needed direction right away. In this situation, one should always observe the rule that the trade is exited either with a stop loss or a take profit. Furthermore, the PPR pattern formed in...