Trading Forex requires proficiency in interpreting and recognizing candlestick charts as a fundamental skill. Patterns such as these provide valuable insights into the minds of market participants and give clues about upcoming price movements. One pattern stands out from the rest because of its message’s strength and distinct appearance – the long-legged doji. Dojis, with […]
Doji with Long legs: What you Should know? Read More »
CLS minimizes settlement risk in foreign exchange transactions through its continuous linked settlement mechanism. Investors, financial institutions, or individuals involved in Forex trading may benefit from this information. If that’s the case, learning the basics of CLS can significantly impact your trading experience and risk management. The specialized system maximizes the efficiency and security of
Continuous Linked Separation (CLS): What is it? Read More »
The dollar fell against the euro and the yen on Monday as investors weighed mixed U.S. economic data over the past week and looked ahead to the release of a key inflation gauge for further clues about when the Federal Reserve is likely to begin a tapering cycle. interest rates. The dollar initially jumped to
US Dollar Falls as Pressure Mounting Ahead of US CPI Data Read More »
Oil markets closed the year on a sober note, experiencing their first dip into the red since 2020. Analysts attribute this downturn to various factors, signaling a shift from pandemic-driven price recovery to a market increasingly influenced by speculators. Speculative Takeover: Detached from Fundamentals Speculators have taken center stage, steering market fluctuations detached from fundamental
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In a surprising turn of events, the United States has become the leading global producer of oil under President Biden’s administration, breaking records and reshaping geopolitical dynamics. Despite the significant impact on gas prices and OPEC’s influence, the president has remained relatively silent on this milestone, highlighting the complex challenges Democrats face in balancing energy
US Oil Production Hits Record Highs, Impacting Biden’s Climate Agenda Read More »
Trading and investing require an understanding of chart patterns to make informed decisions. Candlestick charts often display the stick sandwich pattern, which is a significant pattern. It is a highly reliable pattern for predicting trend reversals. In assessing price movements and making trading decisions, traders commonly use it in various markets, including the Forex market.
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Following are five golden trading rules you should follow before you start trading Divergence Trading Strategy: Look at each of these Divergence Trading Strategy rules one at a time. Rule #1: It Only Exists In Four Different Price Scenarios Price charts can show divergence only when two tops or two bottoms form, a high rising
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It is often necessary to accurately predict the ebb and flow of currency values in the dynamic world of foreign exchange trading, or Forex for short. Forex Tester allows traders to gain vital insight into the markets that knowledge, intuition, and experience alone cannot provide. It’s essential to understand what a Forex Tester is, why
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There is no simple way to predict the direction of the forex market, but traders have more resources and tools than ever before. Forex traders can use fundamental tools to predict forex movements and exchange rates using essential tools. Identifying the fundamentals of a market involves examining all the factors that influence exchange rates, from
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Investing and trading are complex fields in which precise metrics are essential to gauge performance and risk. The Sortino Ratio is one such key metric. What Is Sortino Ratio? Risk management is just as important as identifying profitable trades in today’s fast-paced market. The Sortino Ratio plays a key role here. The Sortino Ratio measures
What you need to know about Sortino Ratio? Read More »
