Tweezer top candlestick pattern is a bearish trend reversal pattern formed by today's candles in the opposite format or trend of the candlesticks. These price patterns are tops or bullish trends that form in conjunction with bearish and bullish...
It all begins with an interest in the financial market. If you don't enjoy things like stocks and currencies, then trading isn't for you. You must have fun with what you do.
Creating a forex trading plan is crucial for success in the dynamic and volatile foreign exchange market. Here's a concise guide to crafting a robust trading plan:
I would like to know my experience in using VPS for forex. One of my friends told me it is really nice and works great.
I like Price, volume, and VWAP, and what is your favorite indicator?
In the forex , correlation is a statistical measure that quantifies the relationship between two or more currency pairs. It helps traders understand how these pairs move in relation to each other. Correlation is measured using correlation...
Technical analysis is a methodology used by traders and investors to forecast the future direction of financial markets by analyzing past market data, primarily price and volume. The components of technical analysis include various tools and...
Hedge ratio, also known as the hedging ratio or delta, is a concept used in finance to measure the level of exposure or risk reduction achieved through hedging strategies. It is commonly applied in the context of managing risk in financial markets,...
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...