Nonfarm payroll figures give economists an idea of how strong the labour market is. Non-farm payrolls are important for day traders because they act as a catalyst for volatility. As one of the most anticipated news announcements, the NFP has the...
Traders need both technical and fundamental ability to trade properly in the market. Technical analysis involves past price data to predict future price action. Fundamental analysis involves world events, news, inflation, etc. Those who really want...
The three types of forex market analysis can be combined by traders. The following steps can be taken:
A high-probability order block is a price zone in Smart Money Concept (SMC) trading where institutional traders, banks, or large market participants are believed to have placed significant buy or sell orders. These zones often become areas where...
The advantages of using relatively high leverage levels in Forex trading are self-evident. The most important aspect is that traders will be able to manage larger positions and make the most of their money while using 1:100 leverage. As previously...
The relationship between forward spreads and implied volatility is a crucial aspect of financial markets, especially in the context of options and fixed-income securities. Forward spreads, also known as credit spreads, refer to the difference in...
Pivot is an indicator that many of us use to calculate a little bit in technical analysis and it is a good indicator. Many good traders make a lot of profit using this pivot point indicator. I also make a lot of money with the help of this indicator....
In forex trading, the accumulation and distribution phases are important concepts used to understand market behaviour before major price movements occur. These phases are closely linked to the actions of large institutions, banks, and smart money...
The Ichimoku Cloud and the Relative Strength Index (RSI) complement each other by combining trend analysis with momentum confirmation. Ichimoku Cloud is mainly used to identify market direction, support and resistance zones, and possible trend...
Discipline and profitability in Forex trading are closely connected because discipline helps traders make consistent and rational decisions. Many traders enter the Forex market hoping to earn quick profits, but without discipline, emotions such as...