There are reliable technical indicators like MACD, Moving average and Bollinger band, etc are few of them. I think the use of indicators is very important. Choose one, two, or three indicators and learn the all aspects of indicators. Test them on a...
In forex trading, a rally and a correction represent two distinct phases of market movement. A rally refers to a significant upward movement in the price of a currency pair, typically accompanied by increased buying pressure. It signifies a period of...
Contracts for Difference (CFDs) are financial derivatives that allow traders to speculate on the price movements of various assets without owning the underlying asset itself. In a CFD, two parties, the buyer and the seller, agree to exchange the...
Working with Renko charts makes it much easier for a trader to decide whether to enter or exit the market. More than 1,000 candles are drawn on a typical daily chart of the USDEUR pair with a minute period, whereas a similar Renko-graph would display...
Speculative trading is a type of trading in which traders seek to profit from market price movements, whether the market is rising or falling. It contrasts with traditional investing, which focuses on the fundamental values of investment.
Market makers face several risks and challenges in their role as facilitators of trading and providers of liquidity. Some of these risks and challenges include:
In financial markets, a flag pattern is a technical analysis chart pattern that typically appears as a small rectangle or parallelogram, resembling a flag on a flagpole. It occurs within a trending market, either upward (bullish) or downward...
The amount of capital that must be available in your account to keep a leveraged trade open is known as the maintenance margin, also known as the variation margin. It ensures that you always have enough money to fund the position's present value and...
The impact of bias in trading is a critical and multifaceted issue that can have profound consequences for both individual investors and financial markets as a whole. Bias in trading refers to the presence of cognitive and emotional factors that can...
The Advanced Block Candlestick Pattern in Forex is a technical analysis formation that typically occurs within an uptrend, signalling potential weakness or reversal. It consists of three consecutive bearish candlesticks with small bodies and long...