Financial models based on random walks assume that the stock market moves unpredictably. Depending on the history of the stock and the price of other securities, the future price may not be affected by its historical movement. According to random walk theory, stock analysis is considered unreliable, whether technical or fundamental. Let’s explore it further. […]
What is Random Walk Theory? Read More »
Kicking candlesticks are two-bar candlestick patterns that signal a reversal of current market trends. It indicates a sudden shift in the market. Kicking candlestick patterns often appear before or after market hours following a surprise event or news announcement. The gap between the two candles is an important aspect of the kicking pattern. A kicking
Bullish and Bearish Kicking Candlestick Pattern Read More »
Many different types of traders exist – from those who are bold to those who are cautious. It is not only your characteristics that determine your trader personality (for example, are you confident daily or are you wary of taking risks regularly?) but also your trading habits: when and how you trade. To trade successfully,
Which Trader Personalities Can You Choose For Forex Trading? Read More »
No matter where you are in the world, whether on the road, at home, traveling, or even at a coffee shop, it is not too good to be a true “trading nomad.” To succeed in trading, you need to approach trading from anywhere. The pandemic continues to harm national economies, but Forex brokers offer an
Do You Want to Become a Trading Nomad Who Can Work Anywhere in the World? Read More »
Due to the growth of the digital marketplace, technical expertise has become increasingly important. A dynamic environment now demands that share and CFD traders, futures traders, and forex traders have access to the necessary tools. Skills such as taking advantage of software trading platforms and troubleshooting internet connectivity issues in real-time are becoming essential due
Applying Backtesting in Forex Trading Read More »
In almost every country except the United States, the mighty dollar cripples the economy and destroys everything around it. It’s not America’s problem, at least for now, and the dollar’s historic rise is unlikely to stop anytime soon. By some measures, the US dollar is already stronger than at the peak of the Covid-19 pandemic
The Dollar King Damages All But Not America Read More »
The Mosbirzhi group will not disappear from the dollar, and euro markets with the imposition of sanctions – the Central Bank of the Russian Federation will determine the exchange rate. Earlier, Moiseev imposed sanctions on settlement transactions to calm the community’s nervous investors. “Of course, trading will not disappear. That is, the dollar and the
What if the West forbids Russia from Trading in Dollars? Read More »
Forex traders often dream of becoming billionaires quickly, but in reality, not many can achieve such success. The majority of them lost a lot of money in the beginning. Consequently, some start looking for the “holy grail” strategy they believe will enable them to reach their goals or the perfect plan. The holy grail of
Does Holy Grail Exist in Forex Trading? Read More »
The mainland yuan fell to its weakest level against the dollar since the 2008 global financial crisis amid a steady rise in the US currency in currency trading and rumors that China is easing support for the local currency. The domestic yuan weakened to 7.2256 per dollar, a level not seen in 14 years, while
Yuan falls to the lowest level since 2008 as PboC Loses Control Read More »
As the BoE and UK Treasury sought to calm jittery markets, the pound rose slightly in Europe on Tuesday morning. As UK Chancellor Kwasi Kwarteng promised more tax cuts, the pound fell nearly 5% to a record low of $1,035 the day before. Despite the rise, Britain’s currency is still at its lowest since 1985.
GBP/USD Slightly Recovers After Hitting Record Lows Read More »
