The Advanced Block Candlestick Pattern in Forex is a technical analysis formation that typically occurs within an uptrend, signalling potential weakness or reversal. It consists of three consecutive bearish candlesticks with small bodies and long...

The Marubozu and Engulfing patterns are both popular candlestick formations used in technical analysis, but they differ in structure, formation, and market meaning.

Dow Theory identifies three types of market trends that describe how prices move over time: primary, secondary, and minor trends. These trends help investors understand the broader market direction and avoid being misled by short-term...

Incorporating candlestick patterns into a trading strategy begins with understanding that they reflect market psychology. Patterns such as Doji, Engulfing, Hammer, and Shooting Star signal potential reversals or continuations based on buyer and...

A trading indicator is a statistical tool used by traders to make informed decisions about buying or selling securities. These indicators analyze historical data, such as price, volume, and volatility, to forecast future market movements. They are...

In forex trading, various types of orders allow traders to execute trades according to specific strategies and market conditions. The most common order types include:

Automation plays a pivotal role in my time management strategy for forex trading, streamlining various aspects of the trading process and enhancing overall efficiency. One key area where automation proves beneficial is trade execution. By utilizing...

The forex spot rate, also known as the spot exchange rate, refers to the current market price at which one currency can be exchanged for another currency for immediate delivery. It represents the value of a currency pair at the present moment in the...

Demo trading is often called the mother of success because it gives traders the priceless gift of experience without the risk of financial loss. In the world of financial markets, mistakes can be expensive. Demo trading platforms allow beginners to...

The primary goal of a Forex investor is to achieve consistent long-term growth by capitalising on changes in global currency values. Unlike short-term traders who focus on rapid price movements, a Forex investor typically aims to build wealth...