Non-banded oscillators are known as ROC indicators. An indicator shows if a trend has accelerated, slowed, or remained the same. Discover the ROC trading strategy, which is yet another momentum-based strategy. In ROC trading, two concepts are employed: studying the strength of the trend and the possibility of a change in momentum. After reading this […]
ROC Trading Strategy- Rules and Interpretation Read More »
Forex traders’ most closely watched economic indicator is Gross Domestic Product GDP. The forex market can often suffer wild swings as a result of both the initial release and the following revisions to the influential data. Economists and fundamental traders typically use GDP to assess a nation’s economic health and growth. It is also possible
Impact of The Gross Domestic Product (GDP) Report on Forex Trading Read More »
Do you know what the Elliott Wave Theory is? As forex trading has become a more popular hobby or profession over the past decade, its popularity has grown significantly. Technical analysis is the most commonly used tool by day traders to help them understand how to trade Forex. To improve the effectiveness of technical analysis,
How to Trade With the Elliott Wave Theory? Read More »
The Forex market is no different from any other skill, and learning it can sometimes be challenging. Advanced trading concepts can be challenging to grasp if you don’t understand the basics of the market at the beginning. The majority of beginner traders quit the market within the first year. Whether they lost too much money
How to Find a Forex Trading Mentor? Read More »
There is a high probability of pump-and-dump scams in the cryptocurrency market. Thinly traded cryptocurrencies are a prime target for scammers and other nefarious actors because many rules are unclear and difficult to enforce. You will be more likely to avoid taking advantage of a pump-and-dump scam if you understand how it works, why cryptocurrency
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While studying the brokerage industry, did you encounter the forex A/B-book model? Perhaps you have been trying to decide which models to use for your brokerage business. As a trader, forex trading appears quite simple: click a button to open an order and wait for the screen to display confirmation of the transaction. What is
Forex Broker Types: A-book vs. B: book Read More »
A part-time forex trader is viable if you are interested in foreign exchange (forex) trading but cannot become a full-time trader. In addition to working a full-time job, you can become a forex trader. However, it will take careful time management and planning. The best time to schedule is at the beginning and end of
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There will inevitably be a financial crisis, opening up new opportunities in the Bitcoin world. Forex trading with Bitcoin might be an attractive alternative to trading traditional world markets in the coming economic turmoil, given how traditional world markets are expected to fall. However, keep in mind that by pairing a real-world currency with a
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There is no exception to the importance of using support and resistance levels on all timeframes. Traders new to the market often do not understand how pivot points work, but Pivot Points provide a great solution to this issue. Using pivot indicators, limit and stop orders can be automatically calculated on which to place in
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A trader must open a trading account to start trading on Forex. This is not a problem today, thanks to the options offered by numerous forex brokers: demo accounts, standard accounts, STO accounts, NDD accounts, and ECN accounts. They are similar in most ways and differ only in the spread, commissions, pledge for the transaction,
ECN Broker: What Are The Advantages? Read More »
