Traders adopt Fibonacci techniques to various financial instruments like stocks, forex, and cryptocurrencies by applying the principles of Fibonacci retracements, extensions, and ratios to analyze price movements and identify potential support and...
Gann Theory, developed by W.D. Gann, is a technical analysis approach used in forex trading to predict price movements based on geometric patterns, time cycles, and mathematical ratios. The key principles include:
My favorite book about cryptocurrency is " Trading in the Zone: Mastering the Market with Confidence, Discipline and a Winning Attitude"
A chart pattern is a distinct structure inside a price chart formed by the movements of currency prices in Forex trading. The core of the technical analysis is chart patterns, which help Forex traders indicate what prices will do next based on prior...
Candlestick charts are more informative than line charts because they show far more detail about market behaviour within a specific time period. A line chart only connects closing prices, which gives a simple view of overall direction but hides the...
Although HyperETH hasn’t officially confirmed a token airdrop, users who trade on the platform could be positioning themselves for possible future rewards. Since HyperETH is built on Hyperliquid, all trading activity might qualify participants for...
NFT values fluctuate from one blockchain to another since they are minted on separate blockchains, and even when they are produced on the same blockchain, one NFT's price may not match another's. Various factors can contribute to this, including the...
The American Stock Exchange (AMEX), now known as NYSE American, is one of the major stock exchanges in the United States. It has a rich history dating back to the late 18th century, making it one of the oldest exchanges in the country. The AMEX...
Trading patterns are a valuable tool for traders and investors in the financial markets. These patterns, formed by the movement of prices over time, offer a range of benefits that can enhance decision-making and improve trading outcomes.
Hard work in forex goes far beyond just spending hours watching charts or placing trades. It’s about the discipline, consistency, and continuous learning required to build long-term success in one of the most competitive financial markets. True...
Smart contract wallets are advanced types of cryptocurrency wallets that use blockchain-based smart contracts to manage digital assets more securely and flexibly. Unlike traditional wallets that rely on a single private key for access, smart contract...
The main difference between active and passive mutual funds lies in how they are managed and the investment goals they pursue.