A standard lot in forex trading is equal to 100,000 units of the base currency. The other two widely used lot sizes are micro- and mini-lots.

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...

The Fry Pan Bottom candlestick pattern, also known as the "Saucier Bottom," is a bullish reversal pattern in technical analysis. It typically forms after a downtrend, signaling a potential shift in market sentiment from bearish to bullish. The...

The main types of moving averages used in crossover strategies are the Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Smoothed Moving Average (SMMA). Each type calculates average price differently...

Cash inputs and outflows from an asset are typically measured by the accumulation/distribution line (A/D line). It is similar to the on-balance volume indicator (OBV), except that it evaluates the security's closing price as well as the trading range...

The Doji Star candlestick pattern is a key formation in forex trading, often indicating a potential reversal in market trends. It is a two-candlestick pattern that typically occurs at the end of a strong price movement, signalling indecision in the...

Multi-timeframe alignment is a trading approach that compares price action, trends, momentum, and market structure across different chart periods. The main types of alignment help traders determine whether multiple timeframes support the same trading...

Pepperstone is a leading online forex and CFD broker that provides a comprehensive range of financial services in the global markets. Founded in 2010, the company has established itself as a prominent player in the industry, offering cutting-edge...

Retest trading is a strategy where traders wait for price to return to a previously broken support, resistance, trendline, or chart pattern before entering a position. One major advantage is better entry confirmation. Instead of buying or selling...

A breakout retest is a common price action event that occurs when an asset breaks through an important support, resistance, trendline, or chart pattern level and then returns to test that same area again. Traders often watch this retest because it...