In Elliott Wave Theory, a Flat Wave is a common corrective wave pattern within the broader market cycle. It is characterized by a three-wave structure labeled as A-B-C, where the waves move sideways or in a horizontal range rather than trending...

A Thrusting Pattern is a two-candlestick formation in technical analysis that signals a potential bearish continuation in a downtrend. It occurs when a long bearish candle is followed by a bullish candle that opens below the previous candle’s low...

In trading, a Death Cross is a significant technical indicator that occurs when the 50-day moving average crosses below the 200-day moving average on a price chart. It is considered a bearish signal and is closely monitored by traders and investors...

A pivot point is a significant price level in technical analysis of a financial market that traders utilise as a predicted signal of market movement. A pivot point is determined as the average of important prices (high, low, close) from the previous...

A forex broker is a corporation that offers traders a platform to buy and sell foreign currencies. Forex is the abbreviation for foreign exchange. Forex transactions are almost always made between two different currencies. The term forex broker is...

Automated trading systems offer several key advantages for traders and investors. Firstly, they provide the ability to execute trades with high speed and precision. By eliminating human emotions and manual errors, automated systems can swiftly enter...

As a beginner trader, here are the general steps to follow to start currency trading:

Forex analysis is the technique of predicting which currency in a pair will be stronger over a particular time period. Forex traders may then use this knowledge to buy currencies that they feel will rise in value and sell currencies that they believe...

Pending orders are orders placed by traders in the financial markets that are waiting to be executed once certain predetermined conditions are met. These orders can be placed for a variety of financial instruments, including stocks, bonds,...

A volume indicator is a crucial tool in the realm of financial analysis and trading. It is used to depict the amount of a particular asset, such as stocks, commodities, or currencies, that has been bought or sold during a specified period....