what are forex signals and how to use them

In the fast-paced world of forex trading, having timely and accurate information is crucial for making informed decisions. Forex signals play a significant role in this process by providing traders with recommendations on when to buy or sell currency pairs. However, while forex signals can be a valuable tool, traders need to rely on their…

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Forex Drawdown Calculator |GhostTraders

Drawdown Calculator

Final Ending Balance:

Final Drawdown:

Loss Number | Ending Balance | Drawdown (%)

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How To Choose a Good Forex Broker

Table of Contents

- What Makes a Good Forex Broker?
- The Downside: What Makes a Bad Broker?
- IC Markets: A Prime Example of a Good Broker
- What to Look for in a Broker: A Comprehensive Guide
- Course BundleUp To 50% Off
- Benefits
- Brokers to Avoid: Red Flags
- Storytelling:…

https://ghosttraders.co.za/how-to-choose-a-good-forex-broker/

an update
https://www.tradingview.com/x/V0K53cZU/

What Are Deriv Synthetic Indices?

Table of Contents

- The Popularity of Volatility 75 Index
- Understanding Market Volatility
- Common Synthetic Indices
- Benefits of Trading Synthetic Indices
- Tailored Trading Strategies

Synthetic indices replicate real-world market dynamics using a cryptographically secure random number generator. Tradable 24/7, they are immune to regular market hours, global events, and liquidity risks,…

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The Best Forex Brokers in South Africa

In this article, we’ll explore the best forex brokers in South Africa for 2024, highlighting what makes each one unique. We’ll start with IC Markets, our top pick, followed by Exness, HotForex, and AvaTrade. By focusing on their strengths, customer feedback, and regulatory standards, we aim to help you make an informed decision as you…

https://ghosttraders.co.za/the-best-forex-brokers-in-south-africa/

Smart Money Trading Fibonacci Levels

Fibonacci in trading refers to the use of Fibonacci retracement levels, a popular technical analysis tool that helps traders identify potential key levels in the market. The concept is based on the Fibonacci sequence, a mathematical series where each number is the sum of the two preceding ones (e.g., 0, 1, 1, 2, 3, 5,…

https://ghosttraders.co.za/smart-money-trading-fibonacci-levels/

how to trade commitments of traders Report

The Commitments of Traders report is a key tool for traders. It shows the net positions of different types of traders, including commercial traders, large speculators, and small speculators. As a trader, your focus should be exclusively on the net positions of the commercials—the big players in the market. You should ignore the positions of…

https://ghosttraders.co.za/how-to-trade-commitments-of-traders-report/

Risk Management In Trading: Probabilistic Principles of Trading

Table of Contents

- Probabilistic Principles of Trading: Embracing the Uncertainty
- 1. Commit to Your Edge
- 2. Each Trade is a Unique Event
- 3. Accept the Uncertainty of Market Dynamics
- 4. The Risk of an Edge Not Working Always Exists
- 5. Predictions are Educated Guesses
- 6. Focus on the…

https://ghosttraders.co.za/risk-management-in-trading-probabilistic-principles-of-trading/

Spread Trading Account vs. Zero-Spread vs. Raw Spread: Which is Right for You?

When selecting a trading account, one of the most crucial decisions to make is choosing the right type of account. In this article, we will explore the differences between Spread Trading Accounts, Zero-Spread Accounts, and Raw Spread Accounts to help you determine which is the right fit for your trading style. Understanding the advantages and…

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What is Risk-Reward in Trading?

The risk-reward ratio (RRR) is a metric that compares the potential profit of a trade to its potential loss. It is expressed as a ratio, such as 1:2 or 1:3, indicating how much reward a trader can expect for every unit of risk taken. For example, a risk-reward ratio of 1:3 means that for every…

https://ghosttraders.co.za/what-is-risk-reward-in-trading/

How to Trade Fair Value Gaps(FVGs) Successfully

Table of Contents

- What is a Fair Value Gap (FVG)?
- Types of Fair Value Gaps
- Consequent Encroachment
- Liquidity Voids and Fair Value Gaps
- Institutional Order Flow and FVGs
- Trading Strategy: Using FVGs for Reversals
- Order Block and Fair Value Gaps
- Fair Value Gaps vs. Liquidity Voids
-…

https://ghosttraders.co.za/how-to-trade-fair-value-gapsfvgs-successfully/