The significance of the Rounding Top candlestick pattern lies in its potential to signal a reversal in the trend of a financial asset. This pattern typically forms at the peak of an uptrend and suggests that the bullish momentum is weakening,...
Leverage or margin loan is the maximum number of loans your forex broker will give you on your capital and investment. Suppose your balance is $100 and you use the leverage of 1:200 your broker will you the maximum of 200 times when you trade. So now...
Despite the fact that automating your trading technique may seem like a good idea, copy trading still requires active account management; it is neither a quick fix nor an easy way to generate income. While copy trading isn't for everyone, it may help...
Psychology is extremely important in binary options trading. In fact, it is often said that psychology is more important than technical analysis or risk management. This is because binary options trading is a very high-stakes activity, and emotions...
Forex indicators are crucial tools for traders to analyze market trends and make informed decisions. Among the plethora of indicators available, several have gained popularity for their effectiveness and widespread use.
How much time do you spend per day reading the trading news?
Fundamental analysis investors believe that thoroughly understanding a company and estimating its value can lead to "buy low, sell high" opportunities.
In forex trading, an inside bar is a common price action pattern that occurs when the high and low of a candlestick or bar is within the high and low of the previous candlestick. Visually, it appears as a smaller candlestick contained within the...
Binary sentiment analysis is a specialized application of sentiment analysis tailored to the currency markets. It involves analyzing and interpreting sentiment expressed in various textual sources, such as news articles, social media posts, economic...
Triangle trade is trade between three ports or regions. Triangular trade typically develops when a region has export commodities that are not required in the region from which its major imports are sourced. It has been used to compensate for trade...