The trader only needs to know two phases of the market, which are sideways and trending. In accordance with the market phase, if we use a trend following strategy, our strategy must be in a trend phase; however, we know that there is no fixed time...
A beginner's leverage in the Forex market is 1:30. This high leverage is used by even professional forex traders, but you should be aware of the risks. Leverage of 500:1 is considered high. In many jurisdictions, using more than this amount of...
The Double Bar Low Higher Close is a bullish chart pattern, as indicated by the fact that its acronym, DBLHC, stands for "Double Bar Low Higher Close." As a result, you should look for this pattern in markets that are currently experiencing an...
In forex trading, liquidity and volatility share an intricate relationship that significantly influences market dynamics and trading strategies. Liquidity refers to the ease with which an asset can be bought or sold without causing a significant...
The key to becoming an expert in forex trading is continuous practice. There are millions of books, online resources, and news from around the world, but all these things can only give you theoretical knowledge. You have to face real challenges to...
Forex trading is a complex and time-consuming process that requires careful analysis and decision making. In recent years, the use of robots or automated trading systems has become increasingly popular among traders. While these systems offer certain...
There are a lot of programming languages used to run a software or a program, so which is the best, I mean which programming language is better for automated software for forex trading?
Spot trading in forex refers to the buying and selling of currencies with the intention of settling the transaction within a short period, typically two business days. It is the most common form of forex trading and involves the direct exchange of...
This trading method, known as "Double Bollinger Bands" or DBB, is relatively simple because, despite the use of candlesticks, candlestick patterns are unimportant. You are not required to distinguish between weak and strong candlestick patterns. You...
Ichimoku Kinko Hyo is a technical indicator in forex that is used to measure momentum as well as support and resistance levels. As a shortened term, it is known as "Ichimoku." Ichimoku is made up of five lines that work together to form an all-in-one...