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Jul 27, 21 •
1948 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Forex Trading: A New Income Stream in South Africa
It is well known that the trading Forex volumes have been highly increasing since 2014. A sharp rise was reported from $5.1 trillion to $6.6 trillion in 2020, ensuring the increase in the Forex market. Forex market growth in South Africa is mainly seen with...
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Jul 26, 21 •
4301 Views •
Uncategorized •
Zahir Shah
Comments Off on NZD/USD Analysis: Key Data and Risk Sentiment to Stay Significant
The New Zealand dollar is in the spotlight when it begins trading in the Asia-Pacific region. Investors are on the rise as risky assets rise steadily. New Zealand’s trade surplus exceeded $ 261 million in June, up from $ 469 million the previous month....
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Jul 26, 21 •
5425 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Understanding the Wolfe Wave Price Action Strategy
As a trader, price action is the most common term that you hear on daily basis. However, price action comes with several patterns and hundred of strategies. You can’t master all but let’s get acquainted with one of the most famous strategies. You must...
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Jul 25, 21 •
3351 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Understanding the Dragon Price Action Pattern
Dragon is a reversal pattern related to technical analysis in Forex. It is a candlestick pattern that indicates the beginning of a trend reversal. It points out the change from a bearish market to a bullish one. Recognizing the Dragon Patter on the Chart: How...
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Jul 24, 21 •
3787 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Understanding Hammer and Hanging Man Patterns
Do you you can successfully trade with the naked charts? Yes, this is possible if you have sound grip on candlestick pattern. There are several candlestick patterns but you should know few to trade successfully. This article focuses on two of the most popular...
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Jul 24, 21 •
2519 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to Trade Triangle Formation Correctly?
The trading business is unpredictable. Often, we feel we have made the right decision, but somehow we still suffer a significant loss. This is not because of patterns but some mistakes that traders make while dealing with the patterns. In this article, we...
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Jul 20, 21 •
5022 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to Use the Jaroo Price Action Strategy
In this article, we will be discussing the Jaroo price action strategy. This strategy has interesting features. It defines the key moments, makes market entries simpler, and determines short-term goals precisely. Classic price action may work fine for you,...
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Jul 19, 21 •
3601 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to Predict the Reversal of Bullish Trends with Triple Top Pattern
Triple Top is a price action pattern that predicts the reversal of the bullish trend. The pattern is represented as three consecutive highs of equal height. It is a special type of Head and Shoulders pattern where the head is placed at levels with the...
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Jul 17, 21 •
3772 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to Use Ross Hook Wave Indicator Strategy?
Ross Hook strategy uses price movements to foresee trends rather than using indicators. The “Hooks” was created on the 1-2-3 patterns of chart analysis. Ross took inspiration from this formation and brought forth his strategy, which is highly effective...
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Jul 16, 21 •
3054 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to Interpret the Engulfing Pattern to Identify Trend Reversals?
The candlestick models have been in use since the early 19th century. The engulfing pattern is a reversal candlestick pattern. It indicates that the current trend is changing its direction. Once you interpret the pattern correctly, your chances of entering...
