A Gravestone Doji is a bearish candlestick pattern with a long upper shadow and a very short or invisible body. The open, low, and close prices should ideally be close to each other. It typically appears at the peak of an uptrend and foreshadows a...
Most traders leave the forex market due to a combination of high risk, emotional stress, and a lack of consistent profitability. Forex trading is notoriously volatile, with significant fluctuations that can wipe out investments quickly. Many traders...
Yes, most indicators are good and you can trust 100% on them. The great thing about every indicator is that they show you what has already happened.. You can see at the glance and at multiple time frames what has happened in the past relative to...
The Producer price index or PPI is a monthly report published by the Bureau of Labor and Statistics that tracks changes in the selling prices, or wholesale prices, received by domestic producers. Although the PPI is not as widely used as the CPI, it...
A reversal technical pattern refers to a specific chart pattern in technical analysis that indicates a potential reversal in the prevailing trend of a financial instrument. Traders and investors use these patterns to identify potential entry or exit...
The major currency pairs are generally regarded as the least volatile because they have historically been the most traded currencies among traders.
A safe-haven asset is a financial instrument that is expected to hold or even increase in value during economic downturns. Because these assets are uncorrelated or negatively correlated with the overall economy, they may appreciate in the event of a...
Forex prices, or foreign exchange rates, are influenced by a myriad of factors that reflect the economic health and stability of countries, as well as market psychology and geopolitical events. Key determinants include:
Leverage is risky. If traders manage their capital well, it can be safe. Leverage does not cause great losses for traders. A trader who manages their money well will not suffer a big loss. Risk management is essential before trading at high leverage.
Algorithmic trading is one of the most secure methods of trading. Human trading is subject to numerous variables and carries a high risk of resulting in losses.