The Tech Storror

What is slippage? Slippage is when a trade is opened at a price other than the price at which you want to open it. Example: Suppose there is a buy price of 70, here you want to open a buy trade. But if your trade is opened at 72 or 75 instead of your entry point at 70, or a buy trade below 70 is opened at 68 or 69, then this is slippage. A similar poem is written in the case of Sel. Exactly the same system called slippage. That is, opening a trade at a price other than the price at which you want to open a trade is called slippage. Same story happens with pending orders. Stop loss, take profit does not work properly due to slippage. That is, due to slippage your loss may be more and profit may be more. So before choosing a broker you must choose a good broker. When the market moves higher, the slippage also increases. Due to high impact news, slippage is also high when the market rises. When there is an event due to high impact news, the market usually opens with a gap. And if the mark...

What is a spike in the forex market? By spike we mean that in forex market when there are many pips up and down in a very short period of time. That is, the market is 200-300 pips up or down or 20-30 or 40-50 pips up or down in a few seconds, it is called spike. Suddenly the market goes up 200 pips and again 150 pips Down again 100 pips uo or 50 pips down that is spike in forex language.

What is Scalping: Scalping is the trade that starts with two or three pips and is opened for 15-20 pips. And the trade opened in this short time is called scalping. Those who do scalping are called scalpers. Scalping trades do not have any fixed time limit but stop loss and take profit are essential. The correct timeframe for scalping is 5,10,15,30,45 minute timeframe. When you go scalping on the 15 minute time frame you can see where the market is going on the h1,h4,d1 time frame. If the 5 minute timeframe is a buy position and the 15 minute timeframe is a buy position then you can enter scalping. And if these two charts give two types of signals, then you should not do scalping. Never scalping against H1,H4 timeframes. If you go against the H1, H4 timeframe, you will float in the forex market or currency ocean. You can be a gainer in the forex market if you go against the trend (market direction). There is no better timeframe for scalping than the 15 minute timeframe. When you see H...

Market order: There are two types of market order. namely- 1. Market Execution Order 2. Market Pending Orders 1. Market Execution Order: When buying/selling a pair at the current market price, it is called a market execution order. That is, when we sell directly at the price, it is a market execution order. 2. Market Pending Order: If you want to buy/sell in the future at a price other than the current price, it is a market pending order. ** Pending order means that even if you are not in the market, your pending order will be active if the market goes to the rate at which you place a buy/sell order in the market. That is, pending order is the name of determining a certain rate before going to the market. There are four types of market pending orders. Namely – 1. Buy Limit 2. Sell Limit 3. Buy Stop 4. Sell Stop 1. Buy Limit: Buy limit is lower than the current price if you want to buy then you have to give Buy limit pending order. In case of buy limit pending order, you can never place...

What is trend retracement or correction : When the market price moves against the main trend, it is usually called trend retrestment or correction. When a small movement is made against the uptrend, it is called a retest or correction. A sudden downtrend is called a retest or correction. This movement of the market against the uptrend is a market correction or trend retracement. Essentially, market movement against the main trend is called a retracement. Same definition for down trend. If there are more buyers than sellers, the market goes down. Again, when there are more buyers than sellers, the market starts to rise. This is one of the reasons for retrestment or correction. Sellers cannot hold the market against the trend for long. For this, the market makes small movements. And these small movements are retrestment or correction, when the presence of buyers in this market is more, then they move against the trend, and when it is seen that the presence of sellers is more, then the ma...

Equity : Equity is the loss or profit of your running trade which is presented here. That is, if you close your running trade, what profit hobs can be seen in this equity. What is Margin : Margin is the amount of capital you need to open a trade in Forex. And free margin is the free margin that you get if you subtract the margin from your equity. Margin level : To determine the margin level, divide the equity by the margin and multiply the quotient by 100. Only then will the margin level be available. If the margin level comes to 30-35% then the broker will sell your trade. That is, the broker will not want to lose his loan money. Margin call : Margin call in forex market is if the margin used by you is more than the equity, it is called margin call. That is, when your equity is more than your margin or equity is less than your margin, call it margin.

Trade lock in Forex: The trade lock is to set the stop loss to some profit from the entry point. The entry point is the trade point. That is, the trade line is the entry point. Trade lock is when any trade goes into profit, so that those trades do not close again at a loss, setting a stop loss at some profit from the entry point is called a trade lock. Trailing Stop : A trailing stop will automatically move your stop loss. Your stop loss will automatically move through the trailing stop. That is, if you use a trailing stop, whenever your trade goes into profit, as soon as you go into profit, the stop loss will be set as many pips below the current market price as you use the trailing stop. Tailing stop is 10 pips if you give 100 pips. And giving 200 pips sets 20 pips. When using a trailing stop, if the market goes up, the stop loss will also go up. But a trailing stop will not work if the trade is not in profit. Moreover, Teling Stop will not work if the device does not have an intern...

Trading session : The time when the commercial activities in the cities of the world are running in Tuku is called trading session. The forex market is divided into 24 hours depending on the trading activity in New York, London, Tokyo, Sydney, Beijing and other cities. April to October is summer session and October to April is winter session.   There are four trading sessions in the forex market. namely- Sydney  Session >  summer (3AM to 12 PM) winter (4 AM to 1 pm)  Tokyo Session >  summer & winter ( 6 AM to 3pm) London Session >  Summer (1pm to 11pm) Winter  (2pm to 12 AM) Newyork  Session >  Summer (6pm tos Am) winter (7pm to 4 am) We will discuss below which trading session is important for which currency. Sydney Session : Sydney Session is also called Australian Session. It opens at four in the morning in summer time in Bangladesh and in winter time. It closes at 1 pm. And during summer it opens at 3 am and closes at 12 n...