Trend trading, a popular forex strategy, focuses on identifying assets that are moving in a sustained direction for a period of time. The extent of gains […]
Being able to identify price patterns that indicate a change in market direction is an extremely useful skill for traders. Trend reversals enable traders to identify […]
The Aroon Indicator is a momentum oscillator developed in 1995 by Tushar Chande. Named after “Dawn’s Early Light” in the Sanskrit language, this indicator is commonly […]
Swing traders aim to capture small price movements by holding assets for a short timeframe. While intraday traders liquidate positions within a single day, swing traders […]
A Renko trading chart is similar to a candlestick chart, although it comprises “bricks” rather than candlesticks, to visually depict asset price moves. It can be […]
Heikin-Ashi or Heiken-Ashi means ‘average pace’ in Japanese. So, from its name, you already know that the indicator uses average price data to plot candlesticks and […]
Identifying market trends and correctly predicting changes in them are essential for making better trading decisions. This enables you to enter or exit the market at […]
Trading knowledge that can directly translate into decision-making is an essential part of financial education. Candlestick Patterns Candlesticks are the most popular way of identifying price […]
One of the many technologies to disrupt the global financial markets is automated trading or algorithmic trading. A recent report says that the global algorithmic trading […]
MT4 and MT5 are both trusted names in trading industry. They are multi-asset platforms equipped with strong tools for fundamental and technical analysis.
Analysing price action from chart patterns could be a difficult task. Spotting trends early on as they develop takes experience. Moreover, this analysis is subjective. Not […]
Technical analysis proves that the financial markets move through distinct repetitive cycles. This theory of market cycles tells us that cyclical forces, in terms of both […]
Price charts are powerful tools for forex traders. Thanks to advancements in trading technologies, traders have various ways to study these charts to understand price action […]
The global forex market reached its highest ever trading volume of $6.6 trillion a day in 2019, according to the September 2019 triennial report, released by […]
Forex traders have two key economic indicators to track the inflationary pressures in an economy, the Consumer Price Index (CPI) and the Producer Price Index (PPI). […]