The daily high low technique is a breakout strategy based on the highs and lows of the daily chart. Forex investors rely heavily on the daily timeframe, as most significant market investors use it to plan their investments. So, we can say that any strategy utilizing the daily timeframe generates better results than a strategy […]
The daily high/low trading strategy: Is it worth it? Read More »
The electricity tariffs have soared 40% in Germany and France over the past two weeks. In countries like the UK and Spain, governments rush to take emergency measures to protect consumers. As a result, from aluminum smelters in Mexico to fertilizer plants in England, plants are temporarily shutting down. The markets are furious. Some argue
Weather, Supply Disruptions to Exalt Gas Prices Read More »
Forex traders must know how to interpret charts if they are committed to actively trading stocks. Technical analysis relies heavily on charts. Price patterns can be identified more quickly using this visual representation. Additionally, charts help FX investors to get a clearer picture of price movement over time and make informed trading decisions. Most traders
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Every trader’s calendar includes the meeting of the Federal Open Market Committee (FOMC). A series of meetings are held every eight months, and all investors prepare for it in advance. Since this meeting is one of the essential indicators of the United States economy’s future, there is usually much market movement before and after the
How to trade the FOMC market news? Read More »
Trend trading is among the most popular forms of trading. With the super trend trading system, short-term trends are exploited to ride and get on board for price moves. What is a super trend indicator? The super trend indicator created by Olivier Seban is supposed to work on different timeframes. It works for forex, equities,
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Talking about candlestick patterns has become the most common knowledge to be used as technical analysis for trading. These patterns consist of long wicks and coloured bodies, with which you can easily read the price action and get yourself access to numerous trading opportunities. Bearish one black crow is the most common candlestick pattern. It
How to use one black crow candlestick pattern? Read More »
An end-of-day trading strategy is a process of deciding on and initiating a trading position based on assessing the previous session’s trading activity. It is a simple process, you need to take a look at the trading activity at the end of regular market close, and then you decide ongoing short and long the market
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Trading based on market expectations before and after a news release is termed a news trading strategy. News trading announcements can require you to make quick decisions because the financial markets might be impacted immediately. That’s why you need to make quick decisions on how to trade the announcements. When trading on news releases, you
News Trading Strategy: Does it Work for You? Read More »
One of the most popular technical indicators for day trading and forex is the MACD. It measures the difference between two exponential moving averages and plots the difference as a line graph. A histogram depicting the difference between the second signal line and the MACD is then plotted. It is possible to change the settings
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To identify the strength and weaknesses of currencies, using a currency strength meter has great importance. It acts as a graphical representation with which a trader can understand the strength or weakness of the currencies within the forex market. With the help of currency strength, traders can predict currency movements to make decisions about successful
How to use Currency Strength and Weakness for Trading? Read More »
