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Aug 24, 21 •
2924 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Are trend lines important for technical traders?
Regarding technical analysis, trend lines play a major role in both trend identification and confirmation. By employing trend lines, all traders can identify markets with an opportunity to buy or sell. This is one such straight line that connects two or more...
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Aug 23, 21 •
5049 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on How to escape false breakout setups?
Are you aware of what a false breakout is and how you can escape it? In general, the false breakout occurs when the price moves temporarily below or above the key support or resistance level. But after a little while, it returns to the beginning. Possibly,...
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Aug 21, 21 •
3464 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on How to use overbought and oversold conditions?
For new traders, the term forex trading means buying in uptrends and selling in downtrends. To become an expert in forex trading, you need to familiarize yourself with other terms, such as overbought and oversold. Trading this way gives you a sense of how...
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Aug 20, 21 •
3808 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on What is end of day trading?
End of Day trading is simply the practice of trading when the markets close. Stocks and futures markets open and close according to regular business hours. With Forex, It’s a little different because this market works 24 hours, so it doesn’t really...
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Aug 19, 21 •
2009 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on How to Trade Double Top Price Pattern?
Discussing the double top pattern, it’s a bearish sort of reversal trading pattern which generally emerges towards the endpoint of a bullish trend. Double-tap reversal is generally based on two consecutive major peaks with similar highs. The very first...
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Aug 18, 21 •
4138 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Hull Moving Average Trading Strategy
Hull Moving Average is a popular and well-known technical indicator that was developed by Alan Hull. This indicator helps improve weighted move averages for successful trading. Among the different technical indicators available in the forex market, Hull MA is...
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Aug 17, 21 •
3931 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Double Bottom Trading Strategy
Using double bottom patterns is the first thing you need to check to spot a potential reversal in the Forex market. It is the most popular technical pattern among forex traders. As a result of a long decline, double bottoms are formed. Then, on your way up,...
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Aug 16, 21 •
2813 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to trade the New York open session?
For trading the New York-US Forex session, you can use a trading system called the New York Breakout Forex Trading Strategy. The New York Forex Session is the second largest forex trading session in the currency market and operates 24 hours daily. In this...
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Aug 13, 21 •
4171 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Tips to Use Heiken Ashi Trading Strategy
The Heiken Ashi Trading Strategy is essentially a Japanese candlestick-based trading strategy. Candlestick charts are used to visualize and represent accurate market price data in this trading strategy. Furthermore, it is useful for identifying basic market...
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Aug 12, 21 •
3463 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Exploring the AB=CD Trading Strategy in Forex
After spending some time in the market, you have probably realized that the markets quickly consolidate after a trend. However, few people can answer the question of when to re-enter the trend. The ABCD pattern is shaped like a lightning bolt. It consists of...