We do not recommend depositing funds to Bybit. We have received reports from some users about delayed withdrawal processing, temporary account restrictions, and no response from customer support. While these experiences may not apply to every...
The euro is supported by the ECB’s decision to raise interest rates and revise its inflation forecasts higher. For EUR/USD, the key factor is not only the rate move itself, but also the signal that the central bank is ready to contain the...
A Preliminary Supply (PSY) is a concept in the Wyckoff Method that can signal the early stages of a potential Distribution phase. It describes a point during an extended uptrend when significant selling begins to emerge, causing price to react...
Execution risk is the possibility that a trade may not be completed at the price, time, or conditions a trader originally expected. It is an important consideration in forex, stocks, cryptocurrencies, and other financial markets because market prices...
Bollinger Bands are a popular technical analysis tool for measuring market volatility and identifying potential trading opportunities. The indicator consists of a middle moving average and two outer bands based on standard deviation. When volatility...
An unmitigated order block is a price zone in technical analysis that has not yet been revisited or meaningfully tested by price after creating a strong market move. In Smart Money Concepts (SMC), traders often view these zones as areas where...
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...
An entry point in forex refers to the specific price level or moment when a trader decides to enter a trade by buying or selling a currency pair. It’s a crucial component of trading because it directly impacts a trade's potential risk and...
Setting stop loss and take profit levels is a crucial part of risk management in trading. Here’s a guide to effectively set these parameters:
Yes, scalping can be combined with other forex trading strategies to create a more dynamic and flexible trading approach. While scalping focuses on making multiple quick trades with small profits over a short period, combining it with longer-term...