Traders use an evening star chart pattern to determine whether a trend will change direction. A giant white candlestick is followed by a smaller white candlestick and a larger red candlestick in this bearish candlestick pattern.
A sideways market is defined as the horizontal movement of prices that occurs when supply and demand forces are roughly equal. Prices remain within a narrow range in a sideways market, neither increasing nor decreasing. This is frequently observed...
The forex market has expanded over time and continues to grow. Among the reasons for its expansion are the following:
Adrofx Established in 2018, AdroFx is regulated by multiple authorities and provides services to clients from more than 200 countries. The company offers a full-fledged trading experience with numerous benefits: education, copy-trading, instant order...
In order to be successful in the Forex market, one should be prepared - and that's where Forex forecasting comes in. Using existing data and a variety of facts, FX forecasting involves predicting current and future market trends. To predict the...
The example of Muslim traders illustrates this well. Participation in a contract or company that involves charging and obtaining riba or interest is strictly prohibited under Islamic law. Muslims are, however, permitted to trade currencies. There is...
They are trading accounts that do not generate swaps, as the name implies. In forex, a "swap" is a fee or rollover interest charged by a broker when a trader decides to keep their position open overnight.
Admiral Markets was founded in 2001 as a multi-asset broker and international online financial trading platform. After more than 21 years, Admiral Markets has expanded to offer Forex and CFD trading to individual investors.
An electronic trading system is a trading platform that uses computer software to execute transactions in a network setting. Trading platforms can be used for free or at a reduced cost depending on the financial intermediary.
Navigate to the "drawing tools" area of your charting tool to construct a trendline. Trendlines, Fibonacci retracements, and other drawing-related technical analysis tools can be found here. Draw a line connecting peaks (or troughs) by selecting the...