May 25, 2022 12:15

What is hammer candlestick?

The hammer is a single candlestick chart pattern that gives a bullish reversal indication. It receives its name from its resemblance to a hammer. The candle's small body sits atop a long wick (shadow). Many traders believe that in order for the...


May 25, 2022 02:42

Advantages and disadvantages forex M pattern

The key benefit of the forex m pattern is that it indicates a market reversal. When prices are consolidating in this instance, traders can spot reversal plays. Another benefit is the obvious distinction between benefits and dangers. Because this is...


May 25, 2022 02:39

Importance of research and fundamentals in forex

Trading relies heavily on research and fundamentals. Traders will notice certain particular objectives that must be met in this example of a trading plan:


May 25, 2022 02:22

What is support and resistance lines indicator?

MetaTrader's Support and Resistance Lines indicator can calculate and draw support and resistance levels for any currency pair or trading instrument.


May 24, 2022 12:19

What is take profit order?

The take profit order instructs your forex broker to cancel the deal instantly when it reaches a predetermined point in the desired direction. Because the price may rapidly reverse, you must create a take profit value to automatically grab the profit...


May 24, 2022 12:11

What is Predictive and reactive technical analysis?

Predictive Technical Analysis: Traders utilize predictive technical analysis to predict future price movement based on the current chart pattern. They employ volume, trend lines, and levels of support and resistance to estimate the potential...


May 24, 2022 03:36

What are bullish chart patterns?

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...


May 24, 2022 02:38

Why would you utilize a buy limit or sell limit order?

This sort of entry order is useful for:


May 24, 2022 02:36

What is medium frequency trading?

On the other hand, such methods rely heavily on market effect, since they do not require an in-depth understanding of market microstructure. High-frequency trading differs fundamentally from other types of trading by the capability of complex...


May 23, 2022 12:44

What Is Ichimoku Cloud?

The Ichimoku Cloud is a group of specialised indicators that provide support and resistance levels as well as momentum and trend direction. It accomplishes this by drawing many midpoints on the chart. It also employs these facts to generate a...