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Jun 8, 23 •
102 Views •
Forex Trading Articles •
Zahir Shah
No Comments
The term “price action” describes the fluctuation in forex value over time. Therefore, the price history of a commodity or asset is the primary focus of technical analysis of the associated chart. Some short-term traders rely on price action to...
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Jun 8, 23 •
107 Views •
Forex Trading Articles •
Zahir Shah
No Comments
“Order block” is a type of market action that means getting orders from multiple financial institutions. The big banks and other business institutions run the foreign exchange market. As more orders come into the market, this band of orders is...
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Jun 6, 23 •
136 Views •
Forex Charts, Forex Trading Articles •
Zahir Shah
Comments Off on How can you Read Chart Seasonal Trading Patterns?
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...
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Jun 6, 23 •
167 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on 3 Major Reasons Why Day Trading is a Bad Idea
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...
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Jun 5, 23 •
154 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on What to know about Support and Resistance levels in Forex?
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...
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Jun 5, 23 •
147 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Predicting the Likely Direction of the Market Open
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...
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Jun 1, 23 •
483 Views •
Top News •
Zahir Shah
Comments Off on Nvidia Shares Tumble After Hitting $1 Trillion Market Cap
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...
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May 31, 23 •
310 Views •
Forex News, Top News •
Zahir Shah
Comments Off on London stocks open lower as US debt deal faces opposition
London’s main stock index opened lower on Wednesday as investors awaited the outcome of a crucial vote in the US Congress on a deal to increase the debt ceiling and avoid a default. The FTSE 100 index fell 0.5%, or 35.65 points, to 7,486.42 in early...
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May 30, 23 •
233 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How you can calculate the Fibonacci Retracement Level?
When you need to sell foreign currency, you hear a lot about Forex deposits. The term “retracement” is frequently used when discussing Fibonacci retracement forex. However, this is only sometimes the case. What is the definition of “forex...
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May 30, 23 •
184 Views •
Top News •
Zahir Shah
Comments Off on Oil Prices: Where Are They Heading?
Oil prices have been on a roller coaster ride since the COVID-19 pandemic hit the world in early 2020. After plunging to historic lows in April 2020, they have bounced back to some extent but still remain below their pre-pandemic levels. What are the factors...
