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Symmetrical Triangle
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the ... Views: 636
Bitcoin trading is the most important part of the Bitcoin system. According to the design principle of the Bitcoin system, any other part of the system is to ensure that Bitcoin transactions can be generated, propagated and verified in the Bitcoin network, and finally added to the global Bitcoin ... Views: 847
Most traders think that with a good forex strategy, they will be able to make money anytime, under any market conditions. According to them, a good forex strategy describes everything from planning to execution to making a profit. They no longer have anything else to do but just follow every ... Views: 519
Many years ago, if you wanted to build a stock portfolio to invest your savings, you only had these choices: doing it manually, selecting stocks that you prefer or following a financial advisor, your intuition, or a newspaper, or you could invest in mutual funds that would have done the entire ... Views: 410
Money management is an important and necessary part of Forex trading. There are many mistakes made by Forex traders, not one of those who follow their money management system. Hearing other opinions can make costly mistakes, and unless the opinion is the opinion of a company or government you ... Views: 608
When you're happy with your demo account, you'll want to start trading. However, the truth is that you would not have trained Forex trading properly. Forex signals services are offered either by brokers or by professional traders or by some market analysts using desktop or paging alerts, email, ... Views: 599
The majority of people perceive Forex trading as a gamble. There are instances of people who have lost huge sums of money while trading Forex, but they continue investing their money. According to a certain report, Forex trading is risky, given the unpredictability of the outcomes, and the ... Views: 1503
• The money you spend or sell is the base currency. The currency you are buying is called the currency of the valuation. Forex trading is a full form of foreign exchange trading where you sell one currency to buy another one.
• The exchange rate tells you that you want to burn the currency ... Views: 655
Paper trading means that you do not actually complete your orders, but you will only account for them by checking on paper what their results would be.
At the next level, you can trade in a simulated account. It's similar to paper trading because you can't trade with real money, but just try ... Views: 635
Nowadays, many people around the world are looking for entry into the Forex trading world thanks to its very high profitability potential and many other advantages of the Forex market for other capital markets.
But one of the main concerns of the new merchant is that he will have a lot of money ... Views: 560
Forex trading for beginners: breaking it down to the basics
Are you still unconvinced about the benefits of the forex market and unsure if you got what it takes to succeed? Don’t fret because we’ll walk you through the basics in this forex trading tutorial.
What’s forex anyway?
Forex ... Views: 920
Today's intraday trade is probably one of the most popular and most advanced trading options on the Forex currency market. The rapid development of technology and the availability of information in real time have given access to this type of dealings to a large number of traders. Today, many ... Views: 612
Bump and Run Reversal
The pattern was originally named the Bump and Run Formation, or BARF. Bulkowski decided that Wall Street was not ready for such an acronym and changed the name to Bump and Run Reversal. Bulkowski identified three main phases to the pattern: lead-in, bump, and run. We will ... Views: 687
What is Forex Market:-
The forex market is the market in which participants can buy, sell, exchange, and speculate on currencies. The currency market is considered to be the largest financial market with over $5 trillion in daily transactions, which is more than the futures and equity ... Views: 417
Foreign exchange trading orders are generally divided into market price transactions and commission transactions. The market price transaction, that is, the immediate transaction according to the bank's current quotation; the entrusted transaction, commonly known as the hang-up transaction, ... Views: 711
Discover the best forex trading strategies for beginners
Although forex trading is rapidly becoming more popular than ever, beginner traders quickly find that the learning curve is quite steep even though everything may seem quite simple as soon as you learn how to open and close a position ... Views: 671
Forex deals primarily with the trading of currencies, in other words, currency trading is offered at a sustained price in the market. It involves investing in foreign currency and making a profit by selling it at a higher price. In other words, you are expanding the one you hold, just buying ... Views: 1193
There are Some benefits of trading in the foreign exchange market are:
Superior liquidity
Liquidity really makes the foreign exchange market different from other markets. The foreign exchange market is by far the most liquid financial market in the world, with nearly $2 trillion in ... Views: 632
Forex for beginners isn't as hard as you might think - especially if you follow these top 10 tips for new forex traders.
Don’t make too many trades to start with
Experienced Forex traders will tell you to start carefully, and trade more when you get the confidence. Make little smart trades ... Views: 618
If you are trading in forex, then you should know the importance of a good forex broker. especially when if you have just started and don't have a lot of experience. A good forex trader will work with you and provide you with the best information and tips that you need to make the best ... Views: 564
The Rounding Bottom
The Rounding Bottom is a long-term reversal pattern that is best suited for weekly charts. It is also referred to as a saucer bottom, and represents a long consolidation period that turns from a bearish bias to a bullish bias.
Prior Trend: In order to be a reversal ... Views: 1124
The financial market is changing. Investors must be fully prepared to use appropriate foreign exchange trading strategies to deal with various emergencies and better position themselves to find the right trading direction. In theory, a scientific financial management method can increase the ... Views: 555
Rising Wedge and forex signals
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely ... Views: 664
The Forex trading market is surely intriguing and we are seeing increased interest among traders who are choosing this over equity. Instead of having to keep your eyes on a few dozen equities you can earn handsomely by tracking only a handful of currencies. Forex trading has got its own ... Views: 637
Forex analysis is generally divided into two, namely fundamental analysis and technical analysis. There are also those that add Intermarket analysis and sentiment analysis as a compliment. Most traders combine several forex analysis methods to get a more complete picture of market conditions, ... Views: 649
Reputation is important: The first step you must take in choosing a broker or forex broker is to find out the reputation of the company. Usually, this company allows prospective clients to test existing services with a demo account. This method also needs to be a place for you to practice or do ... Views: 574
Falling Wedge
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no ... Views: 1059
Forex trading is the activity of selling and buying foreign currency or foreign exchange with the aim of making a profit from the difference in selling price minus the purchase price. Among the myths that have developed in generally popular society, among others:
1. Difficult Forex Trading ... Views: 669
There are many advantages and disadvantages of using a forex robot.
Advantages of Forex Robot
Time efficiency: If you don't have time to monitor market conditions intensively, software like this is obviously very helpful. The robot will "replace" your role while still taking advantage of the ... Views: 635
The growing popularity of forex trading, makes many people compete to invest in this field. You will also easily find a variety of guides for beginners. One important thing that needs to be learned is to know the type of forex trading: manual and automatic.
In manual trade, human power ... Views: 527
In short-term forex trading, there are two terms of trading strategies that are often used. Both are day trading and scalping. In general, day trading is conducting short-term trading transactions, usually in one day. Likewise Scalping, transactions tend to be large in a short amount of time. ... Views: 544
Head and Shoulders Top
A Head and Shoulders reversal pattern forms after an uptrend, and its completion marks a trend reversal. The pattern contains three successive peaks, with the middle peak (head) being the highest and the two outside peaks (shoulders) being low and roughly equal. The ... Views: 742
Increased numbers of people are foraying into the world of trading to gain some extra perks and enhance their financial condition. Reportedly, increased numbers of people are now getting involved in trading market, especially with the advent of technology. The introduction of online trading ... Views: 717
Double Bottom Reversal
The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.
Note that a ... Views: 533
To create a trading system that suits your own needs, there are several steps that must be passed. Everything you have to do because all of these stages will be important and should not be taken away.
Determine Your Trading Style: First of all, you have to check on your own personal, to find ... Views: 476
In this Market, there is the highest level of financial risk in trading. This is important for someone who is involved in Forex trading to understand the risk, before plunging into it.
If you are considering participating in the Forex market, you must learn to manage risk instead of being ... Views: 620
We all want to make hundreds or even thousands of dollars in an instant by just trading forex. Indeed, success in forex trading can change our lives. But it's not easy to become a successful trader.
Most likely we will lose a lot of money in an instant. Having deep knowledge and skills is a ... Views: 547
A binary option is one type of online trading in the commodity, stock, forex, and future markets. The nature of this type of trading is relatively simpler than conventional trading methods. You only estimate price fluctuations within a certain time limit. However, the market analysis must be ... Views: 512
Understanding Technical Analysis
Technical analysis is the study of historical price action in order to identify patterns and determine probabilities of future movements in the market through the use of technical studies, indicators, and other analysis tools.
Technical analysis boils down to ... Views: 594
How to do Automatic Forex Trading:
Mirror Trading: Mirror Trading is basically the most basic automated forex trading method. Mirror Trading has been around for a long time and is a development from Algo Trading. However, transactions that are copied by Followers usually do not come from more ... Views: 629
Here some necessary knowledge of foreign exchange short-term trading-
1. Learn to watch the 5-minute face, beginners must slowly accumulate experience. This will cultivate your patience. See also the 15 minute and 1-minute faces.
2. Don't worry about trading. Finance does not enter the ... Views: 548
Bitcoin Margin Trading is a type of transaction that allows traders to open positions with leverage. For example, you open a margin position with leverage 2:1 and risk 10% of the fund owned. If the price moves according to the order, then the profit can be 20% of 2 times, and vice versa if the ... Views: 599
Bull Traders in Forex Market
The bull is a type of trader who expects prices to rise. Bull type traders open long positions, thus creating demand and increasing the price of trading instruments. In the Bullish market, the economy is running well, unemployment is declining, GDP is rising, and ... Views: 526
If you are about to start an investment or trading career, you can tell that this is probably the best decision you have ever made. you have to make your own decision, which way you want to go. In other words, you should choose a financial market that is more suitable for your personality and ... Views: 639
If you are about to start an investment or trading career, you can tell that this is probably the best decision you have ever made. you have to make your own decision, which way you want to go. In other words, you should choose a financial market that is more suitable for your personality and ... Views: 711
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