High liquidity zones on a price chart are areas where significant buying and selling activity occurs. Traders can identify these zones by combining various analytical tools and techniques.

Using moving averages on short time charts is a common technique in technical analysis to identify trends, gauge momentum, and make trading decisions. Short time charts, such as 1-minute, 5-minute, or 15-minute intervals, provide more granular price...

The average true range examines how much an underlying asset's price moves in a given time frame and whether there are price gaps. The calculation of the average daily range (ADR) differs slightly. The ADR calculates the average daily price range...

Improving one's trading skills is a continuous process that requires dedication, discipline, and a willingness to learn from mistakes. Successful trading requires a combination of technical expertise, psychological resilience, and a well-thought-out...

The bearish abandoned baby candlestick pattern is a rare and powerful reversal pattern that signals a potential shift from an uptrend to a downtrend. It typically forms over three trading sessions and is used in technical analysis to identify bearish...

Automation has revolutionized forex, allowing traders to enjoy the holiday season without constantly monitoring the markets. Trading algorithms, or Expert Advisors (EAs), can execute trades based on predefined strategies, ensuring that trading...

CMC Markets is credited with conducting the first online FX transaction in 1996, which used the platform's proprietary MarketMaker software. The company's first office was established in Sydney, Australia, and it now has offices in New York and...

Day trading and swing trading are both popular trading strategies in the world of financial markets, but they differ in several key ways, including their timeframes, trading frequency, risk levels, and objectives.

Dow Theory is one of the foundational principles of technical analysis and has played a significant role in shaping modern technical analysis techniques. It was developed by Charles H. Dow, the co-founder of Dow Jones & Company and the Wall Street...

Technical analysis is one type of analysis where MetaTrader is the main platform used and the chart will be the main object and foremost need, since they will be able to know the price movement through the chart.