Trading patterns in the foreign exchange market are the breadcrumbs which investors follow for profitable trades. Price fluctuations are the primary source of profit and loss for those trading financial assets on the foreign exchange market. Candlesticks are used to show the movement of a price over time. After 9 periods, a general trading chart […]
How can you Read Chart Seasonal Trading Patterns? Read More »
Day trading aims to make several small profits in a short period (minutes to hours) in the hopes of realising larger gains over the long term. A day trader makes multiple stock purchases and sales on the same day. Here are some reasons why day trading is a bad idea. Day trading is a high-stakes
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Support and Resistance is a trading term in a price zone where prices slow down and turn around before the trend reoccurs. If the direction of the forex market changes, this kind of thing often happens again. In some places, prices go up and down, bringing them to their highest point before adjusting. And this
What to know about Support and Resistance levels in Forex? Read More »
The behaviour of investors can be affected by events that occur outside of the regular trading hours of the financial markets. Natural disasters and international incidents are not picky about when they strike. Major firm earnings reports released either after or before the market opens can drastically alter the market’s course. Quarterly reports are made
Predicting the Likely Direction of the Market Open Read More »
Stock falls 5.7% on profit-taking and valuation concerns. Nvidia shares suffered their biggest daily drop since January on Wednesday, as investors took profits after the chipmaker’s market capitalization briefly hit the $1 trillion mark earlier this week. The stock fell 5.7% to close at $389.46, wiping out about $58 billion of its value. The decline
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