In trading, both maintenance margin and initial margin are important terms that pertain to margin requirements. These requirements are set by brokers and exchanges to ensure that traders have sufficient funds to cover potential losses. While they are...
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:
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...
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:
MetaTrader's Support and Resistance Lines indicator can calculate and draw support and resistance levels for any currency pair or trading instrument.
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...
"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...
Seasonal trends can significantly influence currency values due to recurring patterns in economic activity, trade flows, and investor behaviour. These trends are often driven by predictable events such as holidays, harvest seasons, fiscal year-end...
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...
The triple-top pattern is a bearish reversal chart pattern that typically signals the end of an uptrend and the potential for a downtrend. It forms when the price of an asset reaches a similar high three times, failing to break through a significant...