Wicks

Apr 19, 2024 06:06

What is impact of bias in trading?

The impact of bias in trading is a critical and multifaceted issue that can have profound consequences for both individual investors and financial markets as a whole. Bias in trading refers to the presence of cognitive and emotional factors that can...

Amas55

Apr 19, 2024 03:03

What is advanced block candlesticks pattern in forex?

The Advanced Block Candlestick Pattern in Forex is a technical analysis formation that typically occurs within an uptrend, signalling potential weakness or reversal. It consists of three consecutive bearish candlesticks with small bodies and long...

Amas55

Apr 19, 2024 03:00

What is daily chart in forex?

In forex trading, a daily chart is a graphical representation that displays the price movements of a currency pair over a daily time frame. It provides traders with a visual representation of the market's behavior and helps them analyze price trends,...

Dupree88

Apr 18, 2024 07:25

How are pips used?

They are included in the market quote for a currency pair's exchange rate. Pips represent the change in the quote and value of a market position you may have taken. Assume you bought a currency pair for 1.1356 and sold it for 1.1360. Your trade...

Awask2003

Apr 17, 2024 11:53

What you can do every day to make more money?

Although trading is a difficult and sometimes unsuccessful task, profit-making can be achieved with the assistance of self-analysis and different indicators. There is a simple solution to all these difficulties if we are still unable to manage our...

Awask2003

Apr 17, 2024 11:49

What is the formula for calculating rollover interest?

Swap charges are primarily driven by interest rate differentials. A difference in interest rates between your base and quote currencies is another way to think about the difference in interest rates between your two currencies. It is natural that...

Forest

Apr 17, 2024 08:17

Which do you prefer? Forex or normal job?

I am asking this question for a particular reason and I want to know your opinion which one is better. Forex or a normal job? I have a job but now thinking of quite this job and want to start Forex trading. is forex enough for our everyday living. I...

Hart

Apr 16, 2024 12:24

What is Half Trend Indicator in forex?

The Half Trend Indicator is a popular tool used in forex trading to identify potential trend reversals and momentum shifts in the market. Developed by Mladen, this indicator aims to provide traders with clear signals to enter and exit trades based on...

Wouns1956

Apr 16, 2024 08:25

Forex is a patience business

Forex trading is a business that demands patience and a disciplined approach. It is not a get-rich-quick scheme but rather a long-term endeavor that requires careful analysis, strategy, and emotional control. The foreign exchange market is highly...

Wouns1956

Apr 16, 2024 02:37

What is envelope indicator?

The envelope indicator, often used in technical analysis, consists of two lines plotted above and below a security's price chart. These lines, derived from a moving average, create a channel that encompasses the price movement. Typically, the upper...