BuySell 2.0 Forex Indicator MT4
BuySell 2.0 Forex Indicator MT4
Course Detail
Salepage: BuySell 2.0 Forex Indicator MT4
Product Description
BuySell 2.0 strategy is based on the main indicator of Buy-Sell_Alerts, which indicates the direction of price movement by the arrows. Entrances to the position carried out when a corresponding arrow and need to go out with the appearance opposite direction arrow.
Currency pair: Any
Trading Time: Round the clock
Timeframe: Recommended M30 or higher
Rules of strategy BuySell 2.0
Open a short position when a red down arrow. Exit when a green reverse arrow.
Open a long position when a green up arrow. Exit when a red reverse arrow.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
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