Triangle trading, also known as triangular trade, is a trading pattern that involves the exchange of goods between three countries. The benefits of triangle trading include the ability to exploit comparative advantages, increased efficiency in the...
The Bearish Met Hold is a rare candlestick pattern signaling potential trend reversals in a bullish market. It consists of a long bullish candle followed by a smaller bearish candle that gaps up but closes near its low, suggesting weakening upward...
Technology provides several advantages in trading, revolutionizing the financial landscape. Firstly, it has enhanced speed and efficiency. With high-frequency trading algorithms and advanced computer systems, transactions can be executed within...
Long-term trading, also known as position trading, involves holding assets for months or years to capitalize on sustained market trends. To utilize it effectively, follow these key strategies:
The difference between the results of real and demo accounts is that the results of a real account reflect the actual trading conditions and execution of trades, whereas the results of a demo account are simulated and do not reflect real trading...
The Elliott Wave Theory and the Cup and Handle pattern intersect in depicting market psychology and price movements, offering traders complementary perspectives. The Cup and Handle’s rounded bottom (the "cup") often aligns with Elliott’s...
In order to make consistent profits in forex trading, traders need a proper trading strategy. Demo traders can easily make one and also adopt other strategies. However, I do not recommend following any other strategies. It may not work the same for...
In terms of long-term profits, buy-and-hold strategies outperform price pattern techniques for trading systems; however, some patterns appear to help predict broad price trends. According to some studies, a wedge pattern will most often break out in...
Pivot points are a popular technical analysis tool used to identify potential support and resistance levels in the market. There are several types of pivot points, each with its own calculation method and application. The main types are: