Rule-based Expert Advisors (EAs) and AI-powered trading robots are both automated trading systems, but they differ significantly in their design, functionality, and adaptability.
Floating leverage can be a useful tool for traders as it allows them to adjust their leverage levels based on market conditions and their risk tolerance. One of the main benefits of using floating leverage is that it provides traders with more...
Drawing a vertical line on a forex chart helps mark specific time points, such as major news events, trade entries, or session openings. Most trading platforms, like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), offer an easy way to add vertical...
Mastering the art of news trading in the forex market requires a blend of strategic planning, market understanding, and precise execution. News trading involves making trading decisions based on the release of economic news and data, which can lead...
The Bullish Hikkake pattern is typically considered a continuation pattern, though it can sometimes signal a reversal depending on its context within the trend. It occurs after a false breakout from an inside bar. It reflects a temporary trap for...
Combining different strategies for market entry can maximize the chances of success for a company entering a new market. Companies can consider using a combination of organic growth and acquisition, joint ventures, and partnerships to increase their...
Fractals are a technical analysis tool developed by Bill Williams to identify potential price reversals in financial markets. A fractal is a series of five bars, where the middle bar has the highest high or lowest low, surrounded by two lower highs...
A Spinning Top and a Doji are both candlestick patterns that signal market indecision, but they differ in structure and meaning.
I think it is possible to work in the forex without stop loss but in such thinking and working in the market in this way, we will work like a greedy traders. If we want to become professional traders working in this market. So far that till we take...