Head & Shoulders Pattern: What It Means and How Does It in Forex?

The main thing for beginner traders to learn is how to predict trend reversals. But when this task is completed, you can proceed to more sophisticated forecasts and make a prognosis of how much will the price fall or increase. Forex head and shoulders pattern is respected by traders all over the world precisely because it helps to perform both of these tasks very well. What does head and shoulders pattern mean on the Forex charts? Find out how to detect this figure, and you will get a reliable indicator that is considered one of the most effective technical analysis tools.

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Spread in Forex: What It Means and How To Calculate It?

You will have to learn the structure of Forex trading in general to understand what are spreads in Forex trading. The first thing is that all FX transactions are carried out using intermediaries. These intermediaries (brokers) do not work for free. Payment for their services is included in each transaction cost. The profit of an online broker is the difference between bid-price and ask-price. So, when you are trying to understand what do spreads mean in Forex, here is the answer.

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What is Forex VPS Hosting?

Efficiency and speed are critical to your success as a Forex trader. You can optimize these by using Forex trading tools like trading robots, expert advisors, and, most importantly, virtual private servers (VPS).

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Top 3 Forex Robots of 2023

We represent the Top 3 Forex Robots of %year% on ForexStore. Since we have collected a huge amount of Forex robots in our store we want you to see the best of them. Check out the article to get more!

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Forex Robots Blog

Welcome to ForexStore Blog! As we try our best to produce the best Forex robots, we understand how important it is to have ears and eyes wide open to world trends and news. To be a good trader means more than just following all the rules of trading. It also requires attention to the things that happen in the world’s economy and politics as well as awareness of the new trading systems that are being put out every day. It’s important to be in touch with other traders and share the experience we’ve gained trading both manually or with the help of EAs.

ForexStore is not just an automated trading systems market. We want it to be more than just this. Our dream is to make our store a platform that would unite traders all over the world, giving them the most useful and practical tools for efficient trading. We want our customers to be satisfied not only by our products but also with supportive materials, forex news, and useful articles just about everything you might need to know.

This page of our site was created for this exact reason. Here you will find a news block where we publish only the most important latest news from the world of forex and automated trading systems as well as the important world economy and political news that has an impact on trading. Also here you will find news about updates and changes on the site. Our team works hard to present all the best features you need for the comfort profitable trading and as the site develops, we will definitely notify our users and guests about changes and improvements.

Besides, to help our visitors to get acquainted with the best Forex robots on ForexStore in our blog you will find overviews on the highly-rated according to our rating system robots. If you’re not aware of how the rating works you can read on the rating page. More detailed article about the site rating system and its algorithm you can read here.

In addition, on this page, you can also find informative articles about different aspects of trading including useful tips for your trading, trader’s life hacks, stories, and more. It will be interesting not only for newbie traders but also for those who have already gone some way in Forex trading but still longing to develop. Because the world doesn’t stay the same as it was before and the field of trading methods, strategies and tips expend every day.

We hope that our work helps you to achieve maximum results so we do not get tired to develop and move forward. If you have any kind of feedback about our work that you would like to share with us, feel free to contact us. We would love to hear from you because it helps us to develop.

If you have any questions or suggestions about how to improve our website, feel free to contact us. Our support team will be glad to answer your questions and will provide you with the best possible help. If you are a developer or vendor and you want to share your products of ForexStore, here you can find more information about how to release your EA’s or trading signals on our store.

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