“It is better to be late to enter a trend than to enter a wrong trade.” This is one of the things that a mentor trader said that stuck with... Read more

Introduction to the Grid Indicator The Grid feature of the MT4 platform might be one of the most overlooked features that it has. It might seem like a nuance, but... Read more

EURUSD, H1 The May German ZEW Investor Sentiment expectations number lifted to -34.3 from -41.0 in April. The current conditions indicator came in weaker than expected at -36.5, down from... Read more

LegacyFX offers traders an innovative trading experience with MetaTrader 5 and its educational services for newbies. The company is headquartered in the Republic of Vanuatu, Cyprus as well as Belarus... Read more

USD cools from recent highs, Stocks stall their decline after a rout on Monday (NASDAQ -4.29%)  Yields held at highs with 10-yr over 3.00%. Gold and Oil both slumped as... Read more

USD cools from recent highs, Stocks stall their decline after Monday rout (NASDAQ -4.29%), Yields hold at highs with 10-yr over 3.00%. Gold and Oil both slumped as risk-off rattled... Read more

After the interest rate decision by the BOE on May 6 to hike interest rates 25 bps from 0.75% to 1.00%, the Sterling has been seen to have strong reactions.... Read more

The HLCrossSigForDeMarker is considered as a trend indicator since it is intended for “catching” trends. However, it’s a pretty complex and informative indicator that allows excluding the psychological and emotional... Read more

Last week, the Federal Reserve (Fed) increased its benchmark rate by 50 bp to 0.75%-1.00%,  the largest single hike since May 2000 in an attempt to tackle a 40-year high... Read more

Momentum trading is probably one of the fastest ways to grow your account when trading the forex market. This is because momentum trading is inherently fast paced. When the market... Read more