Ultra-precise forex indicator Cougar FX for MT4
Ultra-precise forex indicator Cougar FX for MT4
Course Detail
Salepage: Ultra-precise forex indicator Cougar FX for MT4
Overview:
The most recent version of completely professional trading software for MT4 is called Cougar FX. It may be used to speculate on currencies, binary options, commodities, company shares, or other things.
The approach was developed using eight years of currency market expertise. There are no well-known features of popular speculative theory like Elliott waves, harmonic patterns, or other technical analysis elements present in this. In order for you to effortlessly and effectively watch the price and ultimately begin making money as a trader, we took the key information from the market.
The approach makes use of statistical analysis to identify a market’s best entry point as well as its future direction (bull market or bear market). The really straightforward and unambiguous graphical structure will demonstrate exactly which market you are dealing with.
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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