The Three Black Crows is a bearish candlestick pattern used in technical analysis to signal a potential reversal of an uptrend. Three consecutive long-bodied bearish (red or black) candles open within the previous candle’s body and close near their...
Long-legged doji and dragonfly doji are two distinct candlestick patterns used in technical analysis to assess market sentiment and potential trend reversals. Despite some visual similarities, they have key differences that traders should be aware...
The Aroon Oscillator is a technical indicator used in Forex trading to identify trend strength and potential reversals. It is derived from the Aroon Up and Aroon Down lines, which measure the time since the highest and lowest prices over a given...
The piercing line pattern is a bullish candlestick reversal pattern that can be utilized in trading to identify potential buying opportunities in the market. It consists of two candles, with the first being a long bearish candle and the second being...
When analysing Fair Value Gaps (FVG) or Order Blocks (OB) in smaller time frames, several key factors must be considered to enhance trading accuracy:
One of the many advantages of robotic forex trading is its ability to execute trades faster than human traders. A human trader could never hope to assess market data and make deals in the milliseconds that a robot can. It enables robots to profit...
Throughout forex, a lot size is 0.01. It is a micro lot size, which indicates that only trade with this lot size will require 10 pips to yield a profit of $1. To generate a profit of $10, you'll need to trade 100 pips. You will risk the same amount...
The United States Dollar (USD) serves as the base currency in many financial markets and international transactions for several compelling reasons:
The "Kill Zone" in Smart Money Concepts (SMC) refers to specific high-probability trading windows when institutional traders (smart money) are most active, leading to strong price movements. This concept, popularized by Inner Circle Trader (ICT),...
A foreign currency exchangeable bond is a type of bond that is issued in one currency but can be exchanged for shares of a foreign company at a predetermined exchange rate. These bonds are issued by companies that want to raise capital in a foreign...