Forex brokers in the forex offer various types of trading accounts. Micro account is one the most popular trading account in the market. The broker offers minimum lot size and limited limited leverage in this kind of trading account. It is...
As shown in the example below, the Evening Star pattern appears when the market reverses from an uptrend to a downtrend. This pattern includes the following:
In forex trading, the terms "golden cross" and "death cross" refer to significant technical patterns observed on price charts, particularly in the context of moving averages. These patterns are used by traders to identify potential shifts in market...
A gold mutual fund is a type of investment vehicle that allows investors to pool their money together and invest in gold. These funds typically invest in a variety of gold-related assets, including physical gold, gold mining stocks, and other...
On a chart, a candlestick is simply a representation of one session's worth of price movement demonstrating how traders acted during that session of trading. A trader's toolbox can be filled with extremely powerful tools when they learn how to trade...
Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. It can occur for a variety of reasons, such as rapid price movements, low liquidity, or large order size.
The significance of the Rounding Top candlestick pattern lies in its potential to signal a reversal in the trend of a financial asset. This pattern typically forms at the peak of an uptrend and suggests that the bullish momentum is weakening,...
Leverage or margin loan is the maximum number of loans your forex broker will give you on your capital and investment. Suppose your balance is $100 and you use the leverage of 1:200 your broker will you the maximum of 200 times when you trade. So now...
Despite the fact that automating your trading technique may seem like a good idea, copy trading still requires active account management; it is neither a quick fix nor an easy way to generate income. While copy trading isn't for everyone, it may help...
Psychology is extremely important in binary options trading. In fact, it is often said that psychology is more important than technical analysis or risk management. This is because binary options trading is a very high-stakes activity, and emotions...