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May 9, 23 •
441 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Which are the Powerful Reversal Patterns a Trader Must Know?
This article will focus on the most reliable and robust reversal patterns found in the forex market. The risk-to-reward ratio for reversal patterns is typically rather favorable. We’ll review how to spot each pattern and profit from trading it. The...
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May 1, 23 •
307 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on How to Use Average True Range Indicator for Day Trading?
The Average True Range (ATR) indicator is often used in investing for several reasons. The ATR could help your trend trading, show you how the market works, and help you set targets more accurately to increase your chances of success. What is the purpose of...
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Apr 29, 23 •
372 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on How to Use a Moving Average for Buying Stocks Successfully?
The moving average (MA) is a simple way to analyze the forex market. It gives a constantly updated average price, which makes price information less volatile. The user can choose the average time to figure out the average, which could be from 10 days to 30...
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Apr 28, 23 •
526 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Backtest a Trading Strategy: Can you apply it to Forex Market?
Backtesting is a way to look at how a trading plan or idea has been done in the past. A trader can either physically backtest an approach or use backtesting software to determine if it will likely waste time and money. To directly test a trading plan or...
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Apr 18, 23 •
368 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Advantages and Disadvantages Swing Trading Strategies
Forex professional traders are mostly in favor of swing trading. Most positions are held for more than one day, making this a primary way to trade foreign currency. Swing trading is becoming increasingly popular among forex users, so knowing how it works is...
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Mar 31, 23 •
601 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on What is the Best Ichimoku Cloud Trading Strategy for Forex Market?
Ichimoku Cloud, also known as Ichimoku Kink Hy, is a technical investment indicator. Kijun, Tenkan, Senkou, Kumo, and Chikou are Japanese words that may have little meaning to a non-native speaker. In reality, though, they’re discussing one of the...
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Feb 14, 23 •
1009 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Throwbacks and Pullbacks in Forex Trading
Since throwbacks and their opposites, pullbacks, cause panic and early exits, novice traders hate them the most. You can, however, learn to protect your position effectively and even use these patterns to accumulate profit because they tend to occur...
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Jan 25, 23 •
3413 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Using Ichimoku Kinko Hyo: An Effective Approach
Indicators like this might intimidate newbie traders just by their name, but they won’t change their minds once they see them on the chart. Indicators such as Ichimoku Kinko Hyo seem complicated and difficult to use, which is why many traders avoid...
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Jan 24, 23 •
565 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Forex: Keep an Eye on the Momentum
A momentum trade relies on taking advantage of a market’s current trend, which may increase or decrease in price as it gains velocity. The currency and stock markets, volatile and liquid, are the most common markets in which momentum trading occurs....
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Jan 5, 23 •
924 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on The 4 Best Forex Trading Strategies for Trading News
Investing in the news is a great opportunity you can’t afford to miss. In the forex market, news trading provides the greatest opportunity for profits since it can generate instant profits within minutes. Traders tend to avoid trading the news because...