The Klinger Oscillator is a technical analysis tool developed by Stephen Klinger. It is used to measure the accumulation and distribution of volume in relation to price movements in the financial markets. The oscillator is primarily used in the...
Elliott Waves are technical analysis theories used to explain price fluctuations in the financial markets. After observing and identifying repeating fractal wave patterns, Ralph Nelson Elliott developed his hypothesis. Wave patterns can be observed...
In the realm of forex trading, a trend line by angle refers to a technical analysis tool used to identify and analyze the direction and strength of a currency pair's price movement. Unlike traditional trend lines, which connect consecutive highs or...
Inflation, which is an increase in the overall price level of goods and services in an economy, can have a significant impact on foreign exchange rates. A country with high inflation may see its currency depreciate, or lose value, as investors and...
MetaTrader 4 is one of the most popular trading programs on the market. Due to its high level of customization and automation, it has developed a large fan base over time. It is ideal for new traders to practice their trading skills on MT4's...
The hanging man is a sort of bearish reversal candlestick pattern. The hanging man's candle's bottom wick (shadow) is longer than the body, which is often much shorter and flat at the top with little or no upper wick (shadow). The lengthy lower wick...
Those who want to succeed in the Forex market prefer a growing approach, but those with Greed fail in the end. In the Forex market, Greed is one of the most critical factors that cause failure. Trading cannot be manipulated. It is necessary to follow...
The shooting star candlestick pattern is a bearish reversal formation identified on price charts, signaling a potential shift in market sentiment. It typically occurs after an uptrend and consists of a single candlestick with a small real body at the...
In forex trading, candlestick charts are widely used to analyze and interpret price movements. Candlesticks provide valuable information about the behavior of market participants, indicating potential trends, reversals, and market sentiment. Here are...
A stop loss is actually a remote instruction to the broker, telling them at what price the trader wants to close the position, even if the trader is not in the room.