Pennants are a type of technical trading pattern that predicts the continuation of a strong upward market movement. An upward trend begins, then a market pauses and consolidates between converging support and resistance lines.
The Bullish Belt Hold pattern is a bullish reversal candlestick that differs from other bullish patterns in several ways. It is a single candlestick pattern that forms during a downtrend and signals a potential shift to an upward movement. The...
The carry trade strategy differs significantly from other forex trading approaches, such as scalping, day trading, or trend following, focusing on interest rate differentials rather than short-term price movements. In a carry trade, investors borrow...
Online investing is the process of buying, selling, and managing financial assets through internet-based platforms. Instead of working through a traditional broker in person, investors use websites or mobile apps to access markets directly. These...
News trading, a popular strategy in financial markets, involves making trading decisions based on the release of significant economic and geopolitical news. While it offers potential opportunities for profit, news trading also carries certain risks...
Liquidity plays a crucial role in the functioning of financial markets. It refers to the ease with which an asset or security can be bought or sold in the market without causing significant price changes. Here are some reasons why liquidity is...
The mindset best suited for consistent range trading is calm, patient, and highly disciplined. Range trading is built on waiting, not chasing. Prices often move back and forth between clear boundaries, and profits come from letting setups develop...
A time-based stop is more effective than a price-based stop when the quality of a trade depends more on timing than on price levels. This is common in strategies built around momentum, news reactions, or session-specific moves. If the price does not...
A well-defined trading strategy is crucial for setting effective Take Profit (TP) levels in forex trading. My strategy combines technical analysis, risk management, and market context to determine optimal exit points. For example, if I trade...
Scalping is an addiction that a trader can not remove suddenly. Scalping is actually very risky and having no knowledge and skills it is never possible to make a good profit with scalping. If you have good knowledge and skills then it will be easy to...