Tag: trading tools

Getting an edge with Forex Tools – Order Book

Getting an edge with Forex Tools – Order Book

Trading Articles
Order books, which are largely prevalent among exchange based trading instruments is one of the ways some traders tend to trade. An order book is nothing but a record of the buy and sell transactions, similar to what an accountant would maintain at a regular office. Trading with the order book has been around for many years as far as exchange traded assets such as stocks or ETF's are concerned. When it comes to the currency markets, given the fact that they are unregulated and traded over-the-counter, it can be difficult to get hold of the order book. However, there are some forex brokers that do offer these tools. While the forex order book can be viewed at in the same way, traders should first understand its limitations. Of the many brokers, Oanda is one such broker that offers tra...
Technical Screener – Forex & Stocks

Technical Screener – Forex & Stocks

Trading Platforms & Software Reviews
For traders who make use of a mechanical trading system, getting alerts at important technical events can determine the difference between staying glued to their computer screens to having time away from the screens yet being in control. MarketInOut is one such tremendously useful technical screening tool that enables traders to not just set alerts but also determine the effectiveness of their trading strategy. Take the example of a simple moving average crossover system. Traders can either check their charts every few hours or can set an alert using a technical screener such as MarketInOut that alerts them when such an event happens. Besides alerting the trader, MarketInOut can also help traders to scan across the many forex and stock pairs. MarketInOut - Technical Screener Introducti...
What is forex vps hosting and how does it work?

What is forex vps hosting and how does it work?

Trading Articles
Forex VPS hosting is a virtual private server hosting service that allows traders to use the resources of a remote virtual server to run their trading platforms 24 hours a day and 7 days a week. The Forex VPS hosting has some distinctive advantages over using traditional desktop or laptop machines. VPS is the acronym for virtual private server. It is a service that if offered by many hosting providers and VPS specialists. By renting or leasing the private server, traders can then use this virtual computer to install and run their trading platforms. Users can access the VPS via a remote desktop service on a Windows machine or its equivalent from a Mac or a Linux device. Clearly, there are some distinctive advantages of a virtual private server (VPS). In online forex trading, one of...