Becker90

Jan 17, 2025 08:39

What are the most impactful economic indicators to watch for when trading news?

When trading news, focusing on impactful economic indicators is crucial as they drive market movements by signalling the health of an economy. Key indicators include:

Becker90

Jan 17, 2025 08:33

What is A - book broker?

A-book is a sort of order execution that is associated with a non-dealing desk broker, often known as a straight-through processing broker (STP). This type of broker sends their customer directly to the trading server where counterparts to market...

Hisheight

Jan 17, 2025 05:02

Why is the Morning Star considered a bullish reversal pattern?

The Morning Star is considered a bullish reversal pattern because it signals a potential shift in market sentiment from bearish to bullish. This pattern typically forms after a downward trend and consists of three candles:

Efece1950

Jan 16, 2025 16:01

What is support and resistance lines indicator?

MetaTrader's Support and Resistance Lines indicator can calculate and draw support and resistance levels for any currency pair or trading instrument.

Smake1988

Jan 16, 2025 10:44

What is economic calendar?

This economic calendar has the ability to list the time and date of important economic data that might affect the releasing of currency pairs. The data includes employment and inflation numbers, gross domestic product(GDP), and even the meeting dates...

Smake1988

Jan 16, 2025 10:33

What is three white soliders ?

"Three white soldiers" is a technical term used in financial markets, specifically in candlestick chart analysis, which is a method of examining price movements over a period of time. This pattern is considered a bullish reversal pattern and is...

Withiskeed

Jan 15, 2025 14:00

Importance of dark cloud cover pattern in forex

The dark cloud cover pattern is a key candlestick formation in forex trading that holds significant importance for traders. It is a bearish reversal pattern consisting of two candlesticks: a large bullish candle followed by a bearish candle that...

Westbrook9

Jan 15, 2025 08:29

Using indicators in trading

Indicators are a commonly used tool in the world of trading. They are mathematical calculations based on the price and volume of a security, used to forecast future price movements. Indicators can help traders identify potential trading opportunities...

McBride

Jan 15, 2025 03:17

How does the Bullish Belt Hold pattern differ from other bullish candlestick patterns?

The Bullish Belt Hold pattern is a bullish reversal candlestick that differs from other bullish patterns in several ways. It is a single candlestick pattern that forms during a downtrend and signals a potential shift to an upward movement. The...

Falk1945

Jan 14, 2025 12:28

What is Rectangle Chart Pattern?

When price is bounded by parallel support and resistance levels, a rectangle forms on the chart.