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Oct 25, 22 •
2318 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Top 3 Harmonic Patterns Every Trader Should Know
When you know what you are looking for, you can use harmonic patterns to spot new trading opportunities and pricing trends. Check out this article to learn about the top harmonic patterns and how to apply them effectively. What are harmonic patterns? The...
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Oct 24, 22 •
1254 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on How to Use Fibonacci Retracements in Trading?
The art of the Fibonacci Forex trading strategy refers to ‘Mastering the time and price advantage’. To begin with, it is always a good idea to know some background information regarding where this increasingly popular trading method originates....
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Oct 18, 22 •
2892 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on What are Price Action Trading Tools?
A price action trader makes trading decisions based on price movements rather than technical indicators. Traders have access to a wide range of tools. This article offers a detailed description of this type of trade and some great beginner trading tools. What...
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Oct 15, 22 •
2909 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Understanding the Wedge Pattern
A wedge pattern can indicate either a bullish or a bearish price reversal. In any case, a pattern like this has three characteristics in common: first, converging trend lines; second, declining volume during the pattern; third, a breakout from a trend line....
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Oct 14, 22 •
2127 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on NFP Trading Strategy
The United States Bureau of Labor Statistics (BLS) releases the Non-Farm Payroll (NFP) data for the previous month on the first Friday of every month. Traders can determine their trading strategy according to their NFP strategy, making this day an important...
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Oct 10, 22 •
1478 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on What is Random Walk Theory?
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,...
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Oct 1, 22 •
1098 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Applying Backtesting in Forex Trading
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...
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Sep 15, 22 •
3648 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on How to Build a Forex Trading Strategy
Forex successfully requires both proven trading strategies, trading plans, and a solid risk management plan. The seven steps below will show you how to develop and test your forex trading strategy, no matter how experienced. Understanding technical analysis...
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Sep 7, 22 •
1676 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on What as A Harmonic Butterfly Pattern in Forex?
Traders use trading patterns and signals to profit from rising and falling markets with smaller but more frequent profits. The accuracy of some technical indicators is debatable, but most patterns have proven their reliability to traders in identifying key...
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Aug 2, 22 •
1314 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on What is Mean Reversion in trading?
In FX markets, mean reversion involves the idea that asset price volatility and historical returns will eventually revert to the long-run average after all data points are considered. Several factors can affect this mean level, including economic growth,...