Like all leading indicators, MFIs help traders better predict future market movements. To do this, they focus on detecting two main scenarios: overbought and oversold markets. We can define this market by looking at its MFI value. MFI values range...

It is recommended for traders to understand the mathematical properties of the Fibonacci sequence before understanding the way it works and how it can be used as a trading strategy. To begin, the Fibonacci sequence is a series of numbers that...

Variable spreads in forex are those that fluctuate in size rather than staying at a fixed rate. The reason for this is that real brokers process orders directly in the market. There are advantages and disadvantages to this type of broker. Trading...

In trend trading, technical indicators are used to determine the market's current momentum. Trend trading strategies are usually focused on mid- to long-term trends, but in theory it can be applied to any timeframe. The goal of trend trading...

Margin trading is not familiar to traders who have never traded in the forex market. Margin trading is most risky when a counterparty fails to make a payment on an open position. Margin traders are not able to quantify the risk associated with margin...

Their ultimate goal is to trade from a relaxed and stress-free environment. 12-18 months of market experience is not enough to become consistent. Consistent trading is a marathon, not a sprint. Develop daily routines that allow them to face the...

The exchange of the creative ea exchange approach with Algotradesoft is comparable to the exchange with a conventional canal plotted outline of the accessible channel, such as an incline backing and blocking stage. It calls for the conspicuous...

These sentiment indicators in Forex are either numerical or graphical representations of traders' good or bad perceptions of market conditions. An example might be the percentage of trades in a currency pair that have taken a specific position. MT4...

Diamond chart formations resemble a head and shoulders pattern with a V-shaped neckline, but they are rare. Diamond chart reversals are rare at market bottoms; they are more common at market peaks and with high volume. It is important to resist the...

Each move that reaches a pivot point appears in the 123 chart pattern. This chart pattern generally consists of three waves. The pattern's name is derived from its one, two, and three pivot points. This chart pattern does not appear to be...