Candlestick patterns are crucial tools in trading that provide valuable insights into market sentiment and price action. Originating from Japanese rice traders in the 18th century, candlestick charts visually represent the movement of an asset's...
It is an oscillator, but it is also known as a trend indicator or even a "trend oscillator." MACD is calculated using two moving average indicators and then applied directly to the chart (they are not displayed in the MACD chart, only their readings...
Custom technical indicators are another option for forming the foundation of a Forex trading strategy. Custom indicators come in a variety of flavors, with thousands of them available online, and every trader can even create their own custom...
Key levels in forex refer to significant price levels on a currency pair's chart that have the potential to act as support or resistance. These levels are areas where traders anticipate price reversals, increased buying or selling pressure, or a...
Nickel's place in the world commodity market space is gaining traction in terms of its usability in growing industries. Because nickel is priced in US dollars, it can be used as a hedge against a weakening US dollar and rising inflation. Furthermore,...
MT4 is the most popular trading platform broadly utilized by online retail forex traders. It was produced by MetaQuotes and discharged in 2005. The product is authorized by outside trade brokers who give the product to their customers.
Avoiding margin calls in trading is crucial to preserving capital and maintaining a sustainable trading strategy. Here are some key strategies to help traders steer clear of margin calls:
Forex and crypto are two different markets with different characteristics. Forex is the market where currencies are traded, and it is the largest and most liquid financial market in the world. On the other hand, crypto is the market where digital...
In trading, the worst pair is typically the one that leads to significant losses for traders. This could refer to a combination of currencies or assets that are highly volatile, or it could simply be a pair that traders are not familiar with or do...
It is common for traders to fail on the financial markets due to a variety of factors, so the trader must recognize the most important ones in order to avoid making the same mistakes as many novice traders do. One of the most common mistakes traders...