Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.
Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.
Please note the specific adjustments as follows:
Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5 software for details.
If you’d like more information, please don’t hesitate to contact trading@vtmarkets.com
Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.
Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.
Please note the specific adjustments as follows:
Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5 software for details.
Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.
Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.
Please note the specific adjustments as follows:
Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5 software for details.
Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.
Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.
Please note the specific adjustments as follows:
Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5 software for details.
Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.
Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.
Please note the specific adjustments as follows:
Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5 software for details.
If you’d like more information, please don’t hesitate to contact trading@vtmarkets.com.
Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.
Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.
Please note the specific adjustments as follows:
Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5 software for details.
Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.
Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.
Please note the specific adjustments as follows:
Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5 software for details.
If you’d like more information, please don’t hesitate to contact trading@vtmarkets.com.
Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.
Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ”.
Please note the specific adjustments as follows:
Note: The above data is for reference only, the actual execution date may be changed, please refer to the MT4/MT5 software for details.
If you’d like more information, please don’t hesitate to contact trading@vtmarkets.com
You probably know by now that the financial market can be volatile and unpredictable. This is why it’s your responsibility as a trader to learn all the tools, strategies, and disciplines that will help you make intelligent decisions when trading.
One of the key aspects you need to master is technical analysis.
What is technical analysis?
In essence, technical analysis is a strategy or method where past data, such as indicators and price actions, help a trader make the best decision for future trading.
This theory comes from the belief that the buying and selling actions of traders reflect the information related to a particular instrument.
Multiple technical traders also believe that current or past price movements are the most reliable indicators of future price movements.
What are the common mistakes made by traders?
Data accuracy is critical to the efficiency of any technical analysis in trading. So, if you want to be successful at using this strategy, here are some common mistakes that you need to avoid:
You go in without a plan. The technical analysis begins with a good framework that will guide you throughout the gathering and analysing of the data you have. Without one, you’ll only waste your time and resources without getting accurate results.
You want your charts to look good. Of course, we’d like our charts to look good. More than anything, they have to be accurate. As a trader, you don’t want to add indicators to make your chart look perfect. It’s more important to gather data you need and that can influence your trading decision positively.
Mistakes can lead to huge risks that can make or break your trading account. As much as possible, avoid these mistakes when trading to ensure earning potential.
What are the most common technical analysis indicators?
Technical analysis has evolved over the years, with analysts now using different trading systems to help them create forecasts on price movements. Depending on what you want to focus on, a technical analysis indicator can offer information on current market trends, the continuation of these trends, and support and resistance areas.
In general, technical analysts use the most common indicators, including chart patterns, support and resistance levels, price trends, moving averages, and volume and momentum indicators.
What’s the difference between technical analysis and fundamental analysis?
Both technical and fundamental analyses are crucial methods in analysing the markets, although they are at opposing ends of the spectrum.
Fundamental analysis uses methods that attempt to measure the intrinsic value of an instrument. This means analysing data related to industry conditions and the overall economy since they can influence a trade.
On the other hand, technical analysis only uses data from an instrument’s volume and price, following the belief that one can factor all fundamental indicators into pricing. For this reason, there’s no need to look at them. Instead, technical analysis focuses on charts to identify trends and patterns that can influence future trades.
Fundamental analysis takes more time because it looks at more types of data to give a clear picture of the situation of an instrument and its trading potential. Technical analysis offers a faster way to analyse data and make future trading decisions based on them.
Conclusion
As a trader, you must learn how to maximise technical analysis as a tool to build your portfolio, increase your earnings, and create a stable financial future for you and your family. In a competitive world like trading, it is essential to equip yourself with the best trading tools to succeed and protect yourself against losses.
Trade with a regulated multi-asset broker, VT Markets.
Forex orders are an essential part of the trading process. An order is a request to buy or sell a currency at a given price. The type of order you use can affect how quickly you get your desired currency and how much you pay.
This lesson will teach us about the different types of forex orders.
Market Order
A market order is a direct execution. Once you see the price you want, click buy or sell in your platform’s order window.
If you think the price will go up and you want to buy, click “Buy by Market.”
You must remember though that you might get a slippage if you buy something on the market.
What is slippage?
Slippage refers to the contrast between the expected price of a trade and the price at which it was executed. The term is used in all trading markets but is most common in Forex and futures markets.
This difference can be due to many factors, such as market volatility, liquidity issues, or high-frequency trading. Slippage can also occur when there are too many orders to fill at one time.
For example:
Let’s say the price is 0.71533, and you want to sell at that price. When you click “Sell by Market”, you would expect the same price at 0.71533. But because of slippage, you’ll get 0.71534 instead, which is slightly better. This is because the market moves so quickly that the price already shifted when you clicked.
To close a position using the market order, you can open the same order page by clicking on the open position in the terminal section on the MT4. The exact order page will open up.
Source: VT Markets MT4
The image above says, “Close #18501322 sell 1.00 AUDUSD-ECN by Market” in yellow. Click on that, and remember that when you close a Sell position, you will get the Ask price, which is, in this case, 0.71504 (take note that it may get slippage too).
Limit Order
A limit order is a pending order you place when seeking a better entry price. There are two options: Buy Limit and Sell Limit.
Source: VT Markets MT4
Buy Limit Order – Set a Buy Limit if you wish to buy below the current price.
Source: VT Markets MT4
Sell Limit Order -Set a Sell Limit if you want to sell above the current price.
For example, if the market is moving in a range, you may notice that they always rebound at similar price levels.
As shown in the illustration, the price always bounces back up when it reaches a lower level and then falls when it comes to a higher level.
After some research, you might find out that this range movement will continue for some time, and you wish to benefit from it.
The price is now trading in the midway of those levels. So, rather than waiting for the price to reach those levels, you can set a Sell limit at the higher level or a Buy limit at the lower level.
Consider the following example:
Source: VT Markets MT4
As you can see from this chart, there is a range movement with some higher and some lower highs and lows.
It also shows that the price is currently moving in the middle. Supposing you want to open a buy position, but you want to buy near the lower levels. So you decide to put a Buy Limit Order above the lower levels.
Source: VT Markets MT4
After the price moves, as shown in the chart above, you may have correctly analyzed it. Your Buy Limit Order has converted to a Buy Order automatically.
Stop Order
A stop order is a pending order that you place when you feel a particular price will result in market continuation. There are two options:
Place a Buy Stop if you want to buy above the current price.
Place a Sell Stop if you want to sell below the current price.
Source: VT Markets MT4
As a result, when the price reaches specified levels, the position will automatically open for Buy or Sell at a price stated in the orders.
Therefore, if we look at the sample above, we can see a ranging movement and two borders, one higher and one lower. That border will eventually be broken if the price begins to trend.
After some analysis, you concluded that if the price breaks through the upper border, it will continue to rise until it reaches the target level. Thus, you can place a Buy Stop order above the higher border, assuming that you will automatically open a Buy position if the border breaks. If the market continues to rise, you will profit.
You may also have determined that if the price breaks through the lower border, it will continue to rise until it reaches the target level. Therefore, you can place a Sell Stop order for this below the lower border, assuming that if the border breaks, you will automatically open a Sell position. If the market continues to decline, you will profit.
Source: VT Markets MT4
Consider the following example:
Source: VT Markets MT4
As you can see from this chart, there is a range movement with some higher and some lower highs and lows.
Assuming that the price would rise when it breaks through the higher levels, you place a Buy Stop Order above the higher levels.
Source: VT Markets MT4
After the price moves in the way shown in the chart above, you may have correctly analyzed it. Your Buy Stop Order has converted to a Buy Order automatically.
These higher and lower levels are commonly referred to as Support and Resistance Levels, which will be tackled in the next lesson.