Exness Forex Trading
In this guide, we'll focus on trading via the Exness platform.
By the end of this guide, you'll be equipped to create your Exness account and start trading based on what you've learned.
Exness Forex Setup
1. Account Creation and Login: If you don't have an account, visit the Exness website and create one. If you already have an account, simply log in using your email and password.
2. Navigating the Exness Platform: Upon logging in, you'll see the main dashboard. Click on the nine-dot menu and select "Exness Terminal."
3. Adding Currencies to Your Watchlist: The terminal will display various charts and currency pairs such as EUR/USD, GBP/USD, and BTC. To add a currency pair, click the plus sign and search for the desired pair, e.g., GBP/JPY. Key Forex Pairs for Beginners
For beginners, it's advisable to start with less volatile currency pairs. Some popular pairs include: EUR/USD USD/JPY AUD/USD GBP/USD Understanding Lot Sizes
A lot size represents the quantity of the currency being traded. As a beginner, it's recommended to start with a lot size of 0.01. As you gain experience, you can gradually increase the lot size. Candlestick Charts and Patterns
2. Navigating the Exness Platform: Upon logging in, you'll see the main dashboard. Click on the nine-dot menu and select "Exness Terminal."
3. Adding Currencies to Your Watchlist: The terminal will display various charts and currency pairs such as EUR/USD, GBP/USD, and BTC. To add a currency pair, click the plus sign and search for the desired pair, e.g., GBP/JPY. Key Forex Pairs for Beginners
For beginners, it's advisable to start with less volatile currency pairs. Some popular pairs include: EUR/USD USD/JPY AUD/USD GBP/USD Understanding Lot Sizes
A lot size represents the quantity of the currency being traded. As a beginner, it's recommended to start with a lot size of 0.01. As you gain experience, you can gradually increase the lot size. Candlestick Charts and Patterns
Exness Forex
Candlestick in Forex trading
Candlestick charts are vital tools in Forex trading, providing insights into market trends.
1. Candlesticks: Green candles indicate a buying market. Red candles indicate a selling market. 2. Candlestick Patterns: Patterns form through combinations of multiple candles. They help in interpreting market trends and making informed trading decisions. Time Frames and Orders
2. Time Frames: You can use various time frames, such as 5 minutes, 10 minutes, 4 hours, or daily. For signal confirmation, stick to a 5-minute time frame.
3. Types of Orders: Market Order: For instant execution based on current market prices. Pending Order: Set conditions for future execution, allowing you to engage in other activities while the order executes automatically.
1. Candlesticks: Green candles indicate a buying market. Red candles indicate a selling market. 2. Candlestick Patterns: Patterns form through combinations of multiple candles. They help in interpreting market trends and making informed trading decisions. Time Frames and Orders
2. Time Frames: You can use various time frames, such as 5 minutes, 10 minutes, 4 hours, or daily. For signal confirmation, stick to a 5-minute time frame.
3. Types of Orders: Market Order: For instant execution based on current market prices. Pending Order: Set conditions for future execution, allowing you to engage in other activities while the order executes automatically.
Exness Forex Web