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...
In terms of trading volume, the forex market is indeed massive, with over $5 trillion traded daily. This is one of the most liquid markets in which to invest. So, while forex trading can potentially be a good source of income, the decision to become...
MetaTrader 4 is a platform for trading Forex, analyzing financial markets and using Expert Advisors. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience. Millions of traders...
Cognitive biases are common mental shortcuts that our brains take to make decisions quickly and efficiently, but they can also lead to errors in judgment. Traders are particularly susceptible to these biases, as they often need to make quick...
A market order is an order to buy or sell a currency pair at the current market price. This type of order is typically used when a trader wants to enter or exit a trade as quickly as possible. A limit order, on the other hand, is an order to buy or...