By identifying structures that have distinct and consecutive Fibonacci alignments, Harmonic Pattern quantifies and validates harmonic patterns. In these patterns, Fibonacci ratios are used to identify possible market reversals. Harmonic patterns or...

The key components of a breakout strategy in forex trading involve identifying significant price levels, setting entry and exit points, and implementing risk management measures.

The Parabolic SAR or Parabolic Stop and Reverse, not only helps you identify trends, but it also tells you when to close out your trade and reverse the direction, as the full name implies. Doesn't that sound very useful?

The Symmetrical Triangle is a common chart pattern used in technical analysis, signaling a period of consolidation before the price breaks out. It forms when two trendlines converge: the upper one descending and the lower one ascending, creating a...

Spot trades may be conducted on exchanges that function as trade platforms where financial instruments can be bought and sold. It would be important to be familiar with some well-known exchanges, such as the American Stock Exchange or "ASE," the New...

The Hanging Man candlestick pattern appears in an **uptrend**, typically signaling a potential reversal or a weakening of the bullish momentum. This single-candle pattern forms after a sustained rise in prices and serves as a warning to traders that...

Mathematical analysis is required for day traders. It assists you in trend research and forecasting the outcomes of certain transactions. Don't worry if arithmetic isn't your strong suit. You may still learn the essentials, such as chart and pattern...

Horizontal lines in Forex are a key technical analysis tool used to identify important price levels. These lines are drawn across a chart to indicate levels of support or resistance, where the price of a currency pair tends to stall or reverse...

I think its very simple with 1.1000 leverage which is the highest you can even open .01 lot with just 15 cents and 1 lot = 1$ per pip in just 15$ but that is such a risky way of trading as it requires expert guidance and really great indicator for...

It depends on the individual trader's goals and risk tolerance. Some traders may prefer to focus on a single currency pair in order to gain a deep understanding of its characteristics and market dynamics. This approach allows them to monitor the pair...