Otigh1962

Nov 15, 2024 06:39

Reversal Patterns vs. Continuation Patterns

According to two key axioms of technical analysis, prices trend and history repeat themselves. In an upswing, the forces of demand (bulls) are in charge, whereas in a downturn, the forces of supply (bears) are in charge. Prices do not, however,...

Otigh1962

Nov 15, 2024 06:35

What is put option?

A put option is a financial contract that gives the holder the right, but not the obligation, to sell a specified asset (such as stocks, commodities, or currencies) at a predetermined price (known as the strike price) within a specified period of...

Agaricy96

Nov 15, 2024 02:26

What are high liquidity zones?

High liquidity zones are specific areas in a market chart where many buyers and sellers actively participate, creating significant trading activity. These zones are characterized by substantial trading volume, typically around key price levels, which...

Seamans

Nov 14, 2024 10:36

What happens when dollar index increases?

When the dollar index, which measures the value of the U.S. dollar relative to a basket of other currencies, increases, it means that the dollar is becoming stronger compared to other currencies. This can have a number of effects on the economy and...

Sterling

Nov 14, 2024 07:43

What are the key components of the Wyckoff method?

The Wyckoff Method is a technical analysis approach designed by Richard D. Wyckoff in the early 20th century to help traders understand and anticipate market trends through a focus on supply and demand, price action, and volume. The key components of...

Sterling

Nov 14, 2024 07:37

What is a foreign exchange rate and how is it defined?

A foreign exchange rate refers to the value at which one currency can be exchanged for another. It represents the ratio between two currencies and determines the relative worth of one currency in terms of another. For example, the exchange rate...

Kihn

Nov 14, 2024 02:19

Who are the primary participants in the forex market?

The primary participants in the forex market include central banks, commercial banks, multinational corporations, hedge funds, and retail traders. Central banks, such as the U.S. Federal Reserve or the European Central Bank, are critical in managing...

Wilburn

Nov 13, 2024 11:44

What is forex signal?

A forex signal system is a tool or service designed to provide traders with information and recommendations about potential trading opportunities in the foreign exchange (forex) market. It aims to assist traders in making informed decisions by...

Holdsworth

Nov 13, 2024 06:33

What is odd lot?

In the realm of finance and investments, an odd lot refers to a quantity of shares that is less than the standard trading unit. While the standard trading unit typically consists of 100 shares, an odd lot can be any number less than that, such as 99...

Drave1962

Nov 12, 2024 13:08

What are the pros and cons of trading in the forex?

Trading in the forex market offers both opportunities and challenges, each with its own set of pros and cons: