Price action trading is a strategy that can be used even without an indicator. Instead, forex scalpers conduct their analysis, which is based on parts of technical analysis, solely on price. This can be demonstrated by using candlestick charts, which...

Stock prices may be on the rise if there is a bullish kicker pattern. As can be seen below, a bullish kicker pattern begins with a black (bearish) candlestick, followed by a white (bullish) candlestick that opens above the black candlestick.

The relative strength index, or RSI, is an oscillator that measures momentum and is used to forecast the future direction of the foreign exchange market. Day traders and scalpers, for example, can change the default parameters of the relative...

This year, silver has been the worst performing metal. Even today While some analysts believe the price has likely reached the bottom, long-term forecasts remain bleak. Silver fell 9.7% during the year as the dollar strengthened, making it the worst...

In a positive hidden divergence, the oscillator makes lower lows, whereas the price makes either a higher low or a double-bottom low. During rising corrections, this pattern is most common. Examine the above Dow Jones index divergence chart. The...

Before we discuss ideal pin bar placement, we must first understand why pin bars are so effective.

It depends on which debit networks your bank participates in and which debit networks the ATM you're using supports. In most cases, debit cards are affiliated with one of two worldwide debit networks: Visa or Mastercard. In the case of a Mastercard,...

In forex, the rollover rate is the net interest return on a trader's overnight currency position. To put it another way, when trading currencies, an investor borrows one currency to buy another. The interest paid or collected for keeping the...

Brokers act as agents for investors who trade stocks, futures, or options. Brokers attempt to execute customer orders on exchanges according to their instructions. For providing this service, the broker is paid a commission when the customer buys or...

To use MetaTrader 4 on a mobile device, go to your preferred app store and download the app. Then, on the login page, sign in or register. After logging in, go to the order window to enter and exit positions. From the main terminal page, you can...