Viper Scanner Forex Indicator MT4
Viper Scanner Forex Indicator MT4
Course Detail
Salepage: Viper Scanner Forex Indicator MT4
Product Description
Trading Modes
System provides two different trading styles (templates) depending on your expectations, risk appetite and experience in trading.
- VIPER FAST MODE
It’s characterized by the faster signals as well as the largest potential profit with increased risk. If you are familiar with scalping and catching the quick market daytrading movements, you should choose this trading mode.
- VIPER NORMAL MODE
Is the most universal mode, providing the most balanced signals.
It provides stable signals with limited risk.
This mode is recommended for beginners as well as experienced traders.
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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