Ichimoku Kinko Hyo is a technical indicator in forex that is used to measure momentum as well as support and resistance levels. As a shortened term, it is known as "Ichimoku." Ichimoku is made up of five lines that work together to form an all-in-one...
The Dow Theory, formulated by Charles Dow in the late 19th century, serves as one of the fundamental frameworks for analyzing stock market trends. At its core, the theory operates on the principle that market movements reflect the collective actions...
Soft currency is a term used to describe a currency that is not widely accepted or valued in international markets. It typically refers to a currency that is not stable or has limited convertibility. Soft currencies are often associated with...
Demo trading is an excellent tool for traders of all levels to increase their knowledge and experience without risking their capital. By practicing in a simulated trading environment, traders can test their strategies, hone their skills, and gain...
Traders will commonly observe the teacup forex pattern or cup and handle pattern in small time frames and large time frames. When a downward price wave occurs and is followed by a stabilizing period, the teacup pattern will emerge. The prices will...
Online trading enables individuals to buy and sell financial assets, including stocks, forex, commodities, and cryptocurrencies, through internet-based platforms. It eliminates the need for a physical broker or trading floor by connecting traders...
“One Trade at a Time” is a mindset and trading philosophy that emphasises focusing on each trade rather than the outcome of a series of trades. It’s about being fully present and objective, treating every position as a separate decision with...
Many people struggle to succeed in trading for years because they underestimate how complex and psychological the process truly is. Trading is not just about charts or strategies; it’s about managing emotions, discipline, and decision-making under...
The base currency plays a fundamental role in the world of currency exchange and financial markets. The base currency is the first currency quoted in a currency pair, and its importance lies in its function as a benchmark for determining the exchange...
Doji candlesticks exhibit various formations, each conveying distinct market sentiments and potential implications for traders. Understanding the different variations is crucial for accurate technical analysis. Here are some notable variations: