Forex Trading Strategies

Divergence can be defined as a leading indicator utilized by analysts at FX Leaders to help in increasing profits. The likelihood of entering the market in the right direction, and that too at the right time, increases if used with other indicators such as Moving Averages (MA), RSI, Stochastics, or various support and resistance levels. […]

The actual average range, or the ATR, is a technical analysis indicator introduced by market technician J. Welles Wilder Jr. A volatility indicator shows how much an asset moves on average during a given time frame. When the traders want to initiate a trade, the hand helps day traders confirm. In addition, it can find

When we first applied the Ichimoku Cloud indicator to our technical charts, it didn’t look easy due to its many components. However, once you grasp its features and how to use it, the Ichimoku cloud can be beneficial in identifying trends, resistances, and supports. Technical indicators like the Ichimoku Cloud provide information about the strength

Forex traders frequently use Harami candlestick patterns to identify reversal or extensions of the trend lines. The Harami candles provide traders with valuable indicators in technical trading, making this pattern indispensable. In this article, we will cover the following principal themes about the Harami candlestick pattern in forex: How do Harami candlesticks work? Known as

Day traders aim to make higher profits from the stock market at the expense of larger loss potential. According to these investors, small daily profits can accumulate to big long-term profits using the right day-trading strategies. The given strategies prove helpful for anyone considering trying their chance at the high-risk, high-stakes world of day trading.

Forex trading aims to achieve more winning trades while eliminating losing ones. Forex trading strategies play a significant role in achieving this. By utilizing these strategies, a trader can develop a unique set of rules to help him profit from forex trading. Sometimes, traders put their faith in trading strategies that haven’t been thoroughly tested,

The Marubuzo is a one-candle pattern. It indicates the direction of a trend. The word “Marubozu” means “baldhead in Japanese.” The candlestick pattern gets its name from the fact that it has no wicks.  What is the Marubozu candlestick pattern? When a Marubozu is present, the price opens at the high and closes at the

The Golden Cross is a candlestick chart pattern that gives a bullish signal. When a short-term moving average crosses above a long-term moving average, it is called a crossover. What is the Golden Cross? The Golden Cross is a bullish pattern. It is formed from a crossover of short-term moving averages like 9-day and a

The death cross is a technical pattern that signals the end of a bull market and the beginning of a bear market. When a short-term moving average (50-day) passes below a long-term moving average, it is known as the Death Cross (200-day). The X-shape generated when the short-term moving average falls below the long-term moving

The piercing pattern consists of two candlesticks. It indicates a reversal from the bearish to a bullish pattern and appears in a downtrend. What is the Piercing Candlestick Pattern? The bullish second candle follows the bearish first candle of the Piercing Pattern. The bearish candle starts high and ends around the bullish candle’s bottom. The