-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
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...
-
May 25, 23 •
363 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How Many Trades Can a Day Trader Make in a Day?
How successful a day trader is depends on numerous factors, including the trading tactics employed, the trader’s attitude towards risk, and the trader’s starting capital. As of March 2023, a day trader’s annual salary typically ranged from...
-
May 25, 23 •
215 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on 5 Tips about Market Timings Every Investor Should Know
Contrary to popular belief, investing and market timing can work together to yield positive returns over the long term. To achieve this, you must abandon the “buy and hold” approach that characterises much modern investing. Incorporate technical...
-
May 23, 23 •
275 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Open a Swing Trade Account: Steps to Follow as a Beginner
Swing trading is a method to make money in the financial markets by keeping positions from one day to several weeks. Most of the time, swing traders use technical analysis to figure out when and where to join and leave trades. Swing trading can be very...
