Economic indicators play a crucial role in assessing the health and direction of an economy. Leading indicators, coincident indicators, and lagging indicators are three categories used to gauge different aspects of economic activity, each serving a...
Intuition is the ability to find solutions to problems without using a long chain of logical reasoning based on many factors. Someone makes almost instantly intuitive decisions.
Trailing stop is very useful tool and it helps us to keep our profit but I think many of traders do not give importance to this too. So what about you do you use this tool?
A currency exchange rate is the price at which one currency can be exchanged for another. It is determined by the supply and demand of each currency in the foreign exchange market. When the demand for a currency increases, its exchange rate...
While the classic Cup and Handle pattern is a powerful tool in technical analysis, traders should be aware of several variations and deviations that can occur, potentially altering its reliability or signaling different market dynamics. One common...
1. Finding the right trading style: If you are day trading but your journal clearly shows that you are frequently stressed out and fail to manage risk correctly, you may be a swing trader. Trading medium/long-term is not any easier than trading...
Fear and greed are twin forces that heavily influence the forex market. Fear can cause panic selling, driving prices down rapidly as traders rush to exit positions, fearing further losses. Conversely, greed can lead to irrational exuberance,...
The most commonly traded currencies on online platforms are the US dollar (USD), euro (EUR), Japanese yen (JPY), pound sterling (GBP), and Swiss franc (CHF). However, traders can begin trading cross-rates: currency pairs that do not include the US...
To achieve success in trading, you must establish a goal and have an action plan. How often would you like to trade and what strategy would you use? Do you plan to invest in stocks that offer high returns and low risk? Are you willing to take a great...
The primary drivers of a bull market are usually a combination of economic, political, and financial factors. One of the most important drivers of a bull market is a strong economy with growing corporate profits, low unemployment rates, and low...