Most traders fail in this business because they lack the necessary knowledge and understanding. As with any other business, we need a professional mindset to trade effectively on the Forex market. Non-professionals fail and lose their capital because...
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The bullish inside bar pattern is a popular candlestick formation used by traders to identify potential trend reversals or continuations. However, several limitations can affect its reliability.
In the world of forex trading, spreads play a pivotal role in determining the cost of trading and can significantly impact a trader's profitability. A spread refers to the difference between the bid (selling) price and the ask (buying) price of a...
A Gravestone Doji is a significant candlestick pattern in technical analysis, often signaling a potential reversal in price direction. It is characterized by a long upper shadow, little to no lower shadow, and an open and close price that are nearly...
A bear is an investor who believes that a particular security, or the broader market is headed downward and may try to profit from a decline in stock prices. Typically, bears are pessimistic about the state of a market or economy. In the case of an...
In Elliott Wave Theory, a Flat Wave is a common corrective wave pattern within the broader market cycle. It is characterized by a three-wave structure labeled as A-B-C, where the waves move sideways or in a horizontal range rather than trending...
A Thrusting Pattern is a two-candlestick formation in technical analysis that signals a potential bearish continuation in a downtrend. It occurs when a long bearish candle is followed by a bullish candle that opens below the previous candle’s low...
In trading, a Death Cross is a significant technical indicator that occurs when the 50-day moving average crosses below the 200-day moving average on a price chart. It is considered a bearish signal and is closely monitored by traders and investors...
A pivot point is a significant price level in technical analysis of a financial market that traders utilise as a predicted signal of market movement. A pivot point is determined as the average of important prices (high, low, close) from the previous...