Myfxbook Tutorial: Boost Forex Profits with Expectancy & Risk-Reward
Stop closing trades too early! Discover how to use Myfxbook data—Expectancy & Risk-Reward—to diagnose psychological weaknesses and optimize your Forex strategy for maximum profit.
Stop closing trades too early! Discover how to use Myfxbook data—Expectancy & Risk-Reward—to diagnose psychological weaknesses and optimize your Forex strategy for maximum profit.

A must-learn for beginners! Understand what a Forex trading platform is, including types like MT4 and web-based versions. Clarify the relationship between platforms and brokers to make the right choice.

Beginner investors should not only look at returns! Learn to understand annualized returns, max drawdown, and Sharpe ratio to comprehensively evaluate risk and return.

Beginner investors should not only focus on returns! Learn to use "max drawdown" to assess risk, "Sharpe ratio" to evaluate CP value, and build a more resilient investment portfolio.

Beginners must learn! Understand Forex interest rate decisions, the key to market reactions lies in expectation gaps. Learn to focus on central bank statements to avoid high volatility risks.

A must-learn for beginners! Understand how major central banks like the Fed and ECB use interest rates to influence exchange rates. Learn to focus on decisions and judge the macro direction of the market.

Essential Forex Economic Indicators for Beginners! Understand the impact of GDP, CPI, and NFP data, and learn to use the Economic Calendar to interpret market reactions.

Beginners must learn how to draw Forex trendlines! Understand how to draw ascending/descending trendlines, learn to identify trends, and use them as dynamic support and resistance.

Forex Support and Resistance Essential for Beginners! Understand the price floor and ceiling, learn to identify from chart highs and lows, and apply it to plan your trades.
Beginners learn to use the Fibonacci tool! Understand retracements to find support and resistance, and expand to view targets. However, these are not precise points and must be confirmed with other signals.
Disclaimer: The information on this website is not intended for distribution to, or use by, residents of the United States, Taiwan, or any other jurisdiction where such distribution or use would be contrary to local law or regulation. By registering or using the services, the user confirms that their actions are entirely voluntary and at their own initiative, and not in response to any solicitation by this website. Users are responsible for ensuring their access and use comply with local laws.
Disclosure: Trading Forex and Contracts for Difference (CFDs) involves high risk and may result in losses exceeding your initial capital. Past backtesting data and strategy performance do not indicate future results. This website provides technical analysis and software tools only and does not offer any investment advice.
Notice: The content of this website is assisted by Artificial Intelligence (AI) translation and is for reference only. In case of any discrepancy, the English version shall prevail. If you find any translation errors, corrections are welcome.[email protected]