Foreign Exchange School
Differences between MQ4 and EX4 files and analysis of compilation methods
In the MetaTrader 4 platform, custom indicators are usually stored in the C:/Program Files/experts/indicators directory. This directory contains mainly two types of documents.
Forex trading experience sharing: strategic and tactical thinking
After a long period of practice and tempering, from the initial stumbling to the subsequent ability to achieve sustained and stable gains, this transformation process has allowed me to gradually summarize my own insights and beliefs. The core can be summarized as follows: "Strategically conform to market psychology, tactically...
The US PPI data exceeded expectations, and the US dollar index rebounded
On Thursday (August 14), the July producer price index (PPI) data released by the United States far exceeded market expectations, which brought new challenges to the recent market expectations that the Federal Reserve may cut interest rates. Affected by this, the dollar index successfully recovered...
The US dollar is competing for the 1.38 mark against the Canadian dollar, and retail sales data may become crucial
In the Asia-Europe trading session on Friday, the exchange rate of the US dollar against the Canadian dollar remained stable at around 1.3800, basically holding on to the gains of the previous trading day. The Canadian dollar weakened, mainly due to the previously released US producer price index (PPI) data for July.
The core skill of foreign exchange speculation lies in "no skill"
Forex trading has always been a market activity with many participants. Whether it is the US dollar, the Japanese yen or other major currencies, their value usually does not return to zero or rise indefinitely, and the exchange rate often fluctuates within a certain range. After the long-short game in the market, the final reflection is the relative...
Trading Plan: How to Scientifically Set Take Profit Targets
Many traders know when to open positions and stop loss settings, but are often confused about when to position squaring. There is a well-known saying in the market: "Cut losses and let profits run", but this is more of a concept and lacks specific operational guidelines. "Cut losses"...
Why are foreign exchange trading experts rare in the market?
In various communication platforms, we often expect to meet experienced guides. The reality is often not the case. People with deep knowledge do not spend a lot of time acting as free real-time consultants. These open discussion forums...
Methods and Precautions for Identifying Black Platforms
Here are some basic ways to identify informal platforms. A core feature of such platforms is usually the lack of effective supervision. When identifying, you can look up the regulatory number published on their official website and check with the official website of the corresponding regulatory agency...
How to manage losses and profits in trading
Profits can always take care of themselves, and losses are never automatic. - Jesse Livermore Losses are the premise of profitability. The essence of trading profit is to capture market trends. Trading techniques are largely trend judgment techniques. Even in the midst of volatility...
18 Direct Foreign Exchange Support and Resistance Diagrams: An Overview of the US Dollar and European Commodity Currencies
A chart provides a clear view of the support and resistance levels of the major straight currency pairs, covering the US dollar, European, Japanese, commodity currencies and emerging market currencies. Data updated on Wednesday, February 4, 2026 at 14:00, including the US dollar...
The price of gold has reached a new high supported by multiple factors, and the market is concerned about the future trend
The spot gold price continued its strong performance during the recent trading session, setting a new all-time high again, touching above $4,077 per ounce at one point, and then adjusted slightly to around $4,067. The current market fundamentals support gold prices, with investment...
Analysis and Avoidance Method of Foreign Exchange Opening Gap
In the process of trading, a foreign exchange gap is a special market that traders usually want to avoid because it can directly lead to account losses. This phenomenon is especially common during market opening hours. So, what are the reasons behind it? This article will explain in detail...
15 Negative Trading Psychologies Forex Traders Should Be Aware Of
Here are 15 common mindsets that can prevent traders from forming a good mindset, which you can consider as a reference for self-examination and improvement. When your capital curve is retracting, check this list to see if you have inadvertently developed some...
The world's largest foreign exchange trading center is located in London
The world's largest foreign exchange trading center is located in London. The London foreign exchange market is not only the oldest worldwide market, but also the largest foreign exchange trading hub today. Although the pound's status as an international reserve currency was taken over by the US dollar after World War II...
Analysis of the buying strategy of moving averages in foreign exchange trading
When trading foreign exchange, it is often necessary to combine multiple signals to make a final decision, but sometimes a single analytical method can also provide key guidance. Moving averages are such a tool, and their indicative role is usually more clear. When moving averages move from below...

