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Guides

Practical, tested guides for trading with MT4 and MT5 indicators.

Flash Crash Explained: Nine Famous Days and a Rule That Finds 13

flash crash - Flash Crash Explained: Nine Famous Days and a Rule That Finds 13

A flash crash is a price fall that is very fast, very deep and mostly undone soon after. This guide settles three things with our own data: how to measure …

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What Is M2? The US Money Supply, Measured From 1959 to 2026

what is m2 - What Is M2? The US Money Supply, Measured From 1959 to 2026

What is M2, and why do traders keep quoting it? M2 is the Federal Reserve’s broad count of US money: cash, bank deposits and retail money market funds. This guide …

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Going Long: How Often a Long Ended Higher, From 1937 to 2026

going long - Going Long: How Often a Long Ended Higher, From 1937 to 2026

Going long means buying to open a position, so you gain if the price rises and lose if it falls. The harder question is how often a long actually ended …

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Paper Hands Meaning: Selling Into a Fall, Tested Since 1937

paper hands - Paper Hands Meaning: Selling Into a Fall, Tested Since 1937

Paper hands is trading slang for selling at the first sign of trouble, usually in a sharp fall. This article settles what that habit did on the S&P 500 since …

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Typical Price (H+L+C)/3: What It Changes, Tested on 24 Symbols

typical price - Typical Price (H+L+C)/3: What It Changes, Tested on 24 Symbols

Typical price is the average of a bar’s high, low and close, written as (H + L + C) / 3. It feeds the CCI, the classic pivot point and …

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German Money Before Euro: The Deutsche Mark in 28 Years of Data

german money before euro - German Money Before Euro: The Deutsche Mark in 28 Years of Data

German money before euro cash arrived was the Deutsche Mark, born in the West German reform of 20 June 1948. This guide settles three things. First, what the mark was …

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What Are Imports? US Imports Since 1950, Measured and Checked

what are imports - What Are Imports? US Imports Since 1950, Measured and Checked

What are imports? They are the goods and services a country buys from sellers abroad. For the US, our TradingView series starts at $0.59bn a month in January 1950. The …

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Gross National Product vs GDP: The US Gap Since 1947

gross national product - Gross National Product vs GDP: The US Gap Since 1947

Gross national product (GNP) is the value of goods and services made with labor and property that US residents supply, wherever in the world the work takes place. GDP counts …

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Honduras Lempira: 29 Years Against the Dollar, Measured

honduras lempira - Honduras Lempira: 29 Years Against the Dollar, Measured

The Honduras lempira has lost about half its value against the US dollar since 1997. It lost it slowly, in small steps. This guide settles three things. First, how far …

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San Salvador Money: The Dollar, the Fixed Colón and Bitcoin

san salvador money - San Salvador Money: The Dollar, the Fixed Colón and Bitcoin

San Salvador money is the US dollar, the legal currency of El Salvador since 1 January 2001. This guide settles three questions. First, what happened to the colón, which the …

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Macau Patacas: Measuring the 1.03 Link to the Hong Kong Dollar

macau patacas - Macau Patacas: Measuring the 1.03 Link to the Hong Kong Dollar

Macau patacas are the money of Macao, and their value follows the Hong Kong dollar at about 1.03. This guide settles three things. First, how tight that link is, measured …

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Sri Lanka Rupees: LKR Since 1973 and the 2022 Break, Measured

sri lanka rupees - Sri Lanka Rupees: LKR Since 1973 and the 2022 Break, Measured

Sri Lanka rupees lost 98.0% of their dollar value between January 1973 and 3 November 2026. One US dollar bought 6.7114 rupees at the start of that window and 332.583 …

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Futures Contract vs Forward: What the Price Gap Tells You

futures contract vs forward - Futures Contract vs Forward: What the Price Gap Tells You

Futures contract vs forward comes down to where the deal lives and who carries the risk. A future trades on an exchange with standard terms and a clearing organization behind …

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Short Term Trading: What a 1-Pip Cost Takes at Each Holding Time

short term trading - Short Term Trading: What a 1-Pip Cost Takes at Each Holding Time

Short term trading means opening and closing a position within minutes, hours or a few weeks. This guide settles one measurable question: how much of a typical price move does …

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Buy on the Rumor Sell on the News: What 49 Fed Days Show

buy on the rumor sell on the news - Buy on the Rumor Sell on the News: What 49 Fed Days Show

Buy on the rumor sell on the news is a market saying with a simple claim: prices rise while people expect good news, then fall once it arrives. This article …

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BTFD Meaning: Does Buying the Dip Work? 87 Years of S&P Data

btfd - BTFD Meaning: Does Buying the Dip Work? 87 Years of S&P Data

BTFD is trading slang for “buy the dip”: buy a market right after it falls, on the bet that the fall will not last. This article settles how that bet …

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Bullish or Bearish: What 87 Years of S&P 500 Closes Show

bullish or bearish - Bullish or Bearish: What 87 Years of S&P 500 Closes Show

Bullish or bearish comes down to one question: do you expect prices to rise or fall? The words sound simple, but the market versions hide a trap. The popular 20% …

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Dragonfly Doji: What Came Next on 23 FX Pairs (63 Cases)

dragonfly doji - Dragonfly Doji: What Came Next on 23 FX Pairs (63 Cases)

A dragonfly doji is a single candle with almost no body, almost no upper wick and a long lower wick. Textbooks read it as sellers pushing price down and buyers …

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Descending Triangle Pattern: What 62 Daily Breaks Really Did

descending triangle pattern - Descending Triangle Pattern: What 62 Daily Breaks Really Did

The descending triangle pattern is taught as a bearish setup: a flat bottom, falling highs, then a break lower. This guide settles whether that direction call survives when a fixed …

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Ascending Triangle Pattern: What 82 Forex Cases Really Did

ascending triangle pattern - Ascending Triangle Pattern: What 82 Forex Cases Really Did

The ascending triangle pattern is taught as a bullish setup: a flat top, rising lows, then a break upward. This guide settles how often that really happens, using counted cases …

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Higher Risk Higher Reward: What 12 Markets Actually Paid

higher risk higher reward - Higher Risk Higher Reward: What 12 Markets Actually Paid

The phrase higher risk higher reward sounds like a law of markets, but it describes what investors ask for, not what they receive. So we put numbers on it. Across …

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Symmetric Distribution: Why Market Returns Only Look Balanced

symmetric distribution - Symmetric Distribution: Why Market Returns Only Look Balanced

A symmetric distribution looks the same on both sides of its center, so its mean and median land on one point and its skew is zero. This guide settles one …

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What Is OPEC? Eight Decisions Measured on the Oil Chart

opec - What Is OPEC? Eight Decisions Measured on the Oil Chart

OPEC is the group of oil exporters whose output decisions sit behind many sharp moves on an oil chart. This article settles what it is and what its headlines did …

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New York Cocoa: The ICE Contract, Its Range and Its Roll Steps

new york cocoa - New York Cocoa: The ICE Contract, Its Range and Its Roll Steps

New York cocoa is the cocoa futures contract on ICE Futures U.S., priced in US dollars per tonne, and its chart changed character after 2023. It rose from 2,572 in …

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GHC Currency: Ghana’s Old Cedi Code and 19 Years of USDGHS Data

ghc currency - GHC Currency: Ghana's Old Cedi Code and 19 Years of USDGHS Data

GHC currency is a label that outlived its code. GHC was the ISO code for Ghana’s old cedi, and the money in use today carries the code GHS. One US …

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How to Invest in Oil: Four Routes Measured Against the Price

how to invest in oil - How to Invest in Oil: Four Routes Measured Against the Price

How to invest in oil comes down to one question: what do you end up holding? You cannot buy the oil price itself. Instead, you hold a futures contract, a …

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FAANG Stocks: What They Are and How Hard They Can Fall

faang stocks - FAANG Stocks: What They Are and How Hard They Can Fall

FAANG stocks are Facebook, Apple, Amazon, Netflix and Google, five large US companies grouped under one acronym. Two of those names have changed since: the Facebook company is now Meta, …

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The Big Short: The Real Trade and the Cost of Being Early

big short - The Big Short: The Real Trade and the Cost of Being Early

The Big Short is a 2010 book by Michael Lewis, and a 2015 film based on it, about a few investors who bet against US subprime mortgage bonds before the …

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What Are Yields? Bond Prices, the Curve and Forex, Measured

yields - What Are Yields? Bond Prices, the Curve and Forex, Measured

Yields are what a bond pays relative to its price, so price and yield move opposite ways. This guide settles what the number means, why it moves against price, what …

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Weekend Wall Street: What 124 Weekend Gaps Actually Show

weekend wall street - Weekend Wall Street: What 124 Weekend Gaps Actually Show

Weekend Wall Street is IG’s own weekend market on its Dow product, quoted while the US stock market is shut. This article settles what that price is, what it is …

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Whipsaw in Trading: How Often Crosses Flip and What It Costs

whipsaw - Whipsaw in Trading: How Often Crosses Flip and What It Costs

A whipsaw is a trade signal that reverses soon after you act on it, so you sell a drop and then buy back the rise. This guide settles three things: …

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What Does OTC Mean? OTC Markets Tested With Real Price Data

what does otc mean - What Does OTC Mean? OTC Markets Tested With Real Price Data

What does OTC mean? It stands for over the counter. At a pharmacy, it means medicine you can buy without a prescription, and the FDA’s guide to over-the-counter medicine covers …

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Fed Dot Plot: How to Read It and How Far It Has Missed

fed dot plot - Fed Dot Plot: How to Read It and How Far It Has Missed

The Fed dot plot is a chart of where each Federal Reserve policymaker thinks the federal funds rate should sit at the end of each year. This guide settles three …

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Nikkei Futures: Osaka vs CME, Cash Index and Busiest Hours

nikkei futures - Nikkei Futures: Osaka vs CME, Cash Index and Busiest Hours

Nikkei futures are exchange-traded contracts on the Nikkei 225 stock index. We charted the two that trade on the Osaka Exchange and on CME. This guide settles three things: what …

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University of Michigan Consumer Sentiment: 20 Releases Tested

university of michigan consumer sentiment - University of Michigan Consumer Sentiment: 20 Releases Tested

The University of Michigan consumer sentiment index is a monthly US survey of how households feel about their money and the economy. This guide settles what the survey asks, how …

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MOVE Index: What It Measures and How to Read a Level

move index - MOVE Index: What It Measures and How to Read a Level

The MOVE index is the bond market’s version of the VIX: one number for how far options traders expect US Treasury yields to swing over the next month. This guide …

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USOIL Explained: What This WTI Symbol Is and How It Moves

usoil - USOIL Explained: What This WTI Symbol Is and How It Moves

USOIL is the ticker charting platforms use for a West Texas Intermediate (WTI) crude oil price, but on TradingView it is a reference series, not a contract you can buy. …

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What Are Indices? Weighting, CFDs and Ten Markets Measured

indices - What Are Indices? Weighting, CFDs and Ten Markets Measured

Indices are calculated numbers that track a basket of share prices, and you cannot buy one directly. This guide settles three questions: what an index is, how its weighting rule …

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John Paulson: The Subprime Trade, Abacus Case and Gold Bet

john paulson - John Paulson: The Subprime Trade, Abacus Case and Gold Bet

John Paulson is the New York-born investor who founded Paulson & Co. and bet against subprime mortgage debt before the 2008 crisis. This guide settles how that credit default swap …

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Pre Market Trading: What 231 Days of Index Data Show

pre market trading - Pre Market Trading: What 231 Days of Index Data Show

Pre market trading is the buying and selling that happens before the regular US stock session opens at 09:30 New York time. This guide settles two questions. Who can actually …

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Confluence Trading: Do Signals That Agree Work Better?

confluence trading - Confluence Trading: Do Signals That Agree Work Better?

Confluence trading means taking a trade only when several signals agree on the same bar. This guide settles one question: does that agreement make a signal better, or does it …

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EURAUD Pair Profile: What Moves It, When and How Far It Moves

euraud - EURAUD Pair Profile: What Moves It, When and How Far It Moves

EURAUD is the exchange rate between the euro and the Australian dollar, the number of Australian dollars that one euro buys. This guide settles four things: what moves the pair, …

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BGN Currency: The Bulgarian Lev, the 1.95583 Peg and the Euro

bgn currency - BGN Currency: The Bulgarian Lev, the 1.95583 Peg and the Euro

The BGN currency is the Bulgarian lev, and since 1 January 2026 it is no longer Bulgaria’s money: the euro took over at a fixed 1.95583 leva per euro. This …

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Wyckoff Accumulation: What 340 Forex Springs Did Next

wyckoff accumulation - Wyckoff Accumulation: What 340 Forex Springs Did Next

Wyckoff accumulation is a sideways range where, in Richard Wyckoff’s reading, large buyers absorb supply before prices rise. Its best-known event is the spring: a dip under the floor of …

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Egyptian Pound: 25 Years of Devaluation Steps, Measured

egyptian pound - Egyptian Pound: 25 Years of Devaluation Steps, Measured

The Egyptian pound (EGP) has lost 92.3% of its value against the US dollar since October 2001. Back then, one dollar bought 4.24 pounds; on 23 October 2026 it bought …

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Is the Pound Stronger Than the Dollar? GBP/USD Since 2001

pound stronger than the dollar - Is the Pound Stronger Than the Dollar? GBP/USD Since 2001

Is the pound stronger than the dollar? If you mean what one unit buys, yes. On 23 October 2026 one British pound bought about 1.338 US dollars, and in our …

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Black Wednesday 1992: What Happened and What It Cost the UK

black wednesday - Black Wednesday 1992: What Happened and What It Cost the UK

Black Wednesday was 16 September 1992, the day the UK took the pound out of the European Exchange Rate Mechanism (ERM) after a failed defence. The Bank of England set …

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FOMC Meeting: What a Fed Decision Day Does to Forex, Measured

fomc meeting - FOMC Meeting: What a Fed Decision Day Does to Forex, Measured

An FOMC meeting is where the US Federal Reserve sets its policy interest rate, eight times a year. This guide settles three things: what the meeting is, when the 2026 …

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Fiat Currency: What It Is and What It Lost Against Gold

fiat currency - Fiat Currency: What It Is and What It Lost Against Gold

A fiat currency is money that a government issues and declares legal tender, with no promise to swap it for gold or any other commodity. The dollar, euro, pound, yen …

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What Are CFDs? Margin, Costs, Leverage Rules and Weekend Gaps

cfds - What Are CFDs? Margin, Costs, Leverage Rules and Weekend Gaps

CFDs, or contracts for difference, let you trade the price of an index, a metal or a currency pair without owning it. You and a provider agree to settle the …

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Risk Disclosure: Trading futures and foreign exchange carries a high degree of risk and is not appropriate for everyone. You may lose part, all, or more than the funds you commit. Trade only with risk capital — money you can afford to part with without harming your financial stability or way of life. If you do not hold surplus capital of this kind, you should not trade these markets. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Simulated or hypothetical results carry built-in limitations, several of which are noted here. No claim is made that any account has achieved or is likely to achieve gains or losses comparable to those shown; in practice, live outcomes often diverge sharply from modelled ones. A key shortcoming of hypothetical figures is that they are usually constructed after the fact, with full knowledge of how the market moved. Back-tested trading also puts no real money on the line, so no simulated record can fully reflect how financial risk shapes live decisions. A trader's capacity to absorb drawdowns, or to keep following a system through a losing streak, materially affects real returns and cannot be reproduced in a model. Many further market and execution variables likewise escape any hypothetical calculation, and each can work against actual trading performance.

Testimonials Disclosure: Comments or reviews shown on this site reflect individual experiences and may not match the results of other visitors or customers. They are not a promise of future performance or success.

General Disclosure & Limitation of Liability: FOREXMT4SYSTEMS.COM publishes all material for educational and informational purposes only and accepts no liability for trading losses or for any decisions taken on the basis of this content. We may receive compensation through advertising, affiliate partnerships, or product sales; this never compromises our editorial independence or transparency. Trading carries risk, and past performance does not assure future results.

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