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Using the MT4 Strategy Tester

Using the MT4 Strategy Tester

We use the MetaTrader 4 (MT4) platform for a number of reasons.  First, and foremost – it’s what most brokers use.  Second, it’s very user-friendly.  Third, it has the largest public (free and pay) library of indicators available AND permits you to effectively...
Best Currency Pairs to Trade for Beginners

Best Currency Pairs to Trade for Beginners

We have often heard traders make the claim that one currency pair is “easier” or “difficult” to trade over another.  My response was a bit shorter on Quora, but here…you’ll get the full story. We will examine the claim by other traders and why it really doesn’t...
What is a PIP in Trading?

What is a PIP in Trading?

Whether you’re a brand-new trader or an old hand, understanding exactly what a pip represents and the correct way to interpret the value between currencies is of utmost importance, since pip values directly translate to profits and losses. How Small Can You Go We...
$EVZ (EURO FX VIX):  Pre-trading tool

$EVZ (EURO FX VIX): Pre-trading tool

If you’ve listened to the No Nonsense Forex podcasts, videos and read through the blogs, you probably have heard the term; “The Euro VIX”, or the Euro currency volatility index mentioned as a pre-trade tool.  You may ask yourself; “What it is, how can it help me, and...