Forex Trading Strategies

Strategy is very important for entrepreneurs and can help them make a profit. Many entrepreneurs often mistake strategy as the most important thing in their careers. They do not know what they can think if they have the right mentality. There is no such best deal in trading, and this article will help you determine […]

There are so many chart patterns. One of these is the cup with a handle pattern. Although relatively lesser well known, this is highly effective. Its reliability is 65% and 68% on forex and stock, respectively. It is not only effective for short-term traders but also position traders, swing traders, or active investors. The cup

The inside bar pattern is another formation, a type of candlestick pattern. This is essentially a two-bar candlestick pattern. When a particular bar has a high and a low that is completely contained by the preceding bar, we can conclude that it is an inside bar. We will begin by describing a little more about

The trend line is the most flexible trading tool in forex marketing. According to technical experts, the trend is your friend, and detecting this trend is the first stage in solid trade. Therefore, a trendline assists technical analysts in determining the current price direction of the market. Trendlines Trendlines are immediately visible lines that traders

The triple exponential moving average (TEMA) was created to smooth price swings, making it simpler to discern patterns without regular MA lag. It accomplishes this by eliminating some of the lag from several EMA of the original EMA. In addition, it can assist in determining trend direction, signaling probable short-term trend shifts or pullbacks, and

Pullback trading is a popular strategy among traders. It’s hardly surprising because monitoring for pullbacks guarantees that you’re in sync with the market. Moving averages are, without a doubt, among the most prominent tools in technical analysis. In addition, the market could potentially pull back into moving averages. What is a pullback? The phrase “pullback”

Trading forex without a strategy is similar to starting a journey without a map since you never know where you will go. You could make or lose money, but you have no way of knowing.  So, here are the best forex trading strategies you can apply in 2022. Picking up a strategy As a currency

A variety of people populates the forex markets. As a result, different traders use different patterns to succeed. In this article, you’ll learn how to identify the piercing patterns and trade in them? What is a Piercing Pattern? The piercing pattern is a two-day candle pattern that indicates a possible trend reversal from downward to upward.

The two most compatible and simple-to-use indicators are Moving Average Convergence-Divergence (MACD) and the Stochastic Indicator. In simple words, stochastic compares a stock’s closing price to its price range over time. MACD forms two moving averages that diverge from and converge. What would happen if the indicators from different systems were combined? Would they cooperate