Scalping is the best Forex trading strategy for beginners because they lack knowledge and experience even though they can earn money in Forex by using the scalping strategy. Scalping strategies operate for a short period of time, allowing traders to...
A change in market sentiment and the overall trend is defined by the Camarilla Pivot Points. It takes into account the high, low, and closing prices between trading days.
Poor money management in forex trading can lead to severe financial consequences and emotional stress. Here are the key effects:
Pre-market trading refers to trading that occurs before the regular market session. The pre-market trading session takes place every day between 8 a.m. and 9:30 a.m. EST. Investors and traders monitor pre-market trading activity to gauge the market's...
Any EMA crossing the zero line triggers the zero-cross strategy. If the MACD crosses the zero line from below, a new upswing is likely; if it crosses from above, a recent drop is likely. Because this is the slowest of the three signals, traders will...
Fixing refers to the daily monetary exchange rate determined by the national bank of each country. The fixing time and exchange rate are used by central banks to assess the currency's performance. The exchange rate reflects the market's real value of...
In Forex trading, the terms overbought and oversold refer to market conditions that indicate potential reversal points based on the analysis of price movements and trading volume.
Investment risk is the possibility of losing all or part of your investment funds. Among the most common risks are: