When a trader moves from looking at a strategy that will rain money to identifying strategies that will help them minimize risk, they’re on the right track to long-term successful trading. You may be ...
Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...
A lot of traders feel they aren’t too different from an animal on the Sahara hunting their pray. Just like the hunting animal knows there are certain environments where they are more likely to score ...
The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.
Bars and candlesticks are both popular charting styles used by global forex traders. They both offer similar data such as opening and closing prices, the high and low prices, and the trading range.
Betsy began her career in international finance and it has since grown into a comprehensive approach to journalism as she's been able to tap into that experience along with her time spent in academia ...
Learning how to read forex charts is one of the first steps you’ll need to take as a beginner in trading. We explain how you can read some of the main types of FX charts, and more, in this guide. A ...
What is a forex chart? A forex chart is a graphical representation showing how the price of one currency has changed in relation to another currency over time. The price of the currency pair is ...
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