The relationship between Fibonacci Retracement and market structure lies in how prices move, pause, and continue within trends. Market structure refers to the sequence of higher highs and higher lows in an uptrend, or lower highs and lower lows in a...
Chaikin Money Flow (CMF) is a popular technical analysis indicator used in forex trading to measure the strength of buying and selling pressure within a specific currency pair. Developed by Marc Chaikin, this indicator combines price and volume data...
It is impossible to be a successful trader whether you trade Forex, Stocks, or Cryptocurrencies if you don't have the right tools.
The bear trap is a sudden downward price movement that entices bearish investors to sell an investment short, followed by a price reversal back upward. As prices rise, short sellers lose money, which may trigger a margin call or force them to cover...
I have noticed that indices exhibit some of the most volatile market movements you can find. So, does one form trading setups in the same way one would on the more forgiving currency markets, or are there specific methodologies for trading indices?
The Dark Cloud Cover is a bearish candlestick pattern that signals a potential reversal in an uptrend. It consists of two candlesticks and is a key indicator in technical analysis. Here are its main components:
An economic calendar is a tool that provides information about upcoming economic events and indicators, and is widely used by traders, investors, and analysts to stay informed about market-moving events. The key indicators commonly included in an...
Forex requires a combination of tools to analyse the market, execute trades, and manage risk effectively. Here are the key tools every trader should use:
The Relative Strength Index (RSI) is a widely used momentum oscillator that measures the speed and change of price movements to identify overbought or oversold conditions in a market. It ranges from 0 to 100 and is typically set with a 14-period...
Forex market sentiment refers to the overall attitude or mood of market participants towards a particular currency pair or the foreign exchange market as a whole. It is a measure of how traders and investors feel about the current and future...