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VAT ni nini? | What is VAT? A value-added tax (VAT), known in some countries as a goods and services tax, is a type of tax that is gradually evaluated. It is charged on the price of a product or service at every stage of production, distribution, or sale to the final consumer. VAT ni ushuru wa matumizi unaotozwa kwa ...
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What is a risk-reward ratio in Forex Trading? The concept of risk to reward ratio is what will make you a winner in the long term. Before entering into any trade, you need to know its amount The of money you would make if the market went in your favor, and how much money you will lose if the market ...
The importance of a Stop Loss in Forex Trading All good methodologies use stops. A preventive stop loss is an order to Exit a long or short position when prices move against you for the selection price. A stop-loss insures against a usually large loss and should be used in one way or another. An initial stop-loss order can be ...
The Ranging Market Everything to Know Ranging Market is straight forward markets, and they are often called sideways markets, because their neutral nature makes them appear to be drifting to the right, horizontally. When the market makes a series of higher highs and higher lows, we can say that the market is trending up. But when it stops making these ...
How to draw trend lines? To draw a quality trend lines, you’ll need to find at least two swing points, and connect them together. Levels should be clear, don’t try to impose a trendline. Don’t use a smaller time frame to draw trend lines, always use 4H and daily timeframes to find clear trend lines. We will now try to ...
how to find support and resistance levels? Support and resistance; are proven areas where buyers and sellers find some balance, as they are major turning points in the market.Support and resistance levels; are formed when the price reverses and changes direction, and the price often respects these support and resistance levels, in other words, they tend to contain price action ...