The Megaphone pattern, also known as the Broadening Formation, is a volatile chart pattern characterized by expanding price swings, forming higher highs and lower lows. It indicates increasing market uncertainty and can signal potential reversals or...
Mean reversion trading strategy is a popular approach used in financial markets to exploit the tendency of prices to revert to their average or mean levels over time. This strategy is based on the belief that when the price of an asset deviates...
The Force Index(FI), developed by Alexander Elder, is a technical indicator that combines price movements and trading volume to measure the strength behind price trends. It consists of three key components:
Elliott Waves is a technical analysis tool that differs from other indicators in its ability to analyze and forecast market trends. Unlike other tools that rely on mathematical calculations or statistical analysis, Elliott Waves is based on the...
Trend channels are a technical analysis tool used to identify the direction and potential range of price movement for security. There are two main types of trend channels: ascending and descending.
A jobber, also known as a market maker or dealer, is a type of trader who actively buys and sells financial instruments, such as stocks, bonds, and derivatives, in order to facilitate trading and provide liquidity to the market. Jobbers typically...
Non-regulation poses the greatest risk of illicit conduct or outright fraud to retail Forex traders.
Horizontal lines are a fundamental tool in forex trading. They help traders identify key support and resistance levels. These lines highlight price points where the market has historically reversed or stalled, providing valuable insights for...
A real trading account, often referred to simply as a "live account," is a financial account opened with a brokerage or financial institution that allows an individual or entity to participate in actual financial markets by buying and selling various...
The Evening Star pattern is a three-candlestick reversal pattern that typically forms at the end of an uptrend, signaling a potential trend reversal. The formation of the Evening Star pattern consists of three key components.