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Sep 23, 21 •
3144 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Why is MACD a Favorite Trading Strategy?
One of the most popular technical indicators for day trading and forex is the MACD. It measures the difference between two exponential moving averages and plots the difference as a line graph. A histogram depicting the difference between the second signal...
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Sep 23, 21 •
2809 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to use Currency Strength and Weakness for Trading?
To identify the strength and weaknesses of currencies, using a currency strength meter has great importance. It acts as a graphical representation with which a trader can understand the strength or weakness of the currencies within the forex market. With the...
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Sep 21, 21 •
3168 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on How to Trade a 5-minute Chart Effectively?
It is important to prepare yourself because a great deal of your time is about to be consumed now when you trade a 5-minute chart effectively. Of course, trading in the 5-minute chart is quite different from trading in the other time frames, but it is quite...
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Sep 21, 21 •
2304 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on TMA Forex Trading Strategy
TMA Bands Trading System is basically a trading system that is used for swing and intraday trading. It mainly consists of TMA bands, super trend, trend identification ribbon, and pivot points. It also includes an indicator that indicates market conditions...
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Sep 20, 21 •
2812 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Predicting Price Reversal Using Three White Soldier Pattern
Talking about three white soldiers, it is a bullish candlestick pattern responsible for predicting the reversal of the current downtrend in any pricing chart. This entire pattern is based on three consecutive long-bodied candlesticks which open through the...
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Sep 18, 21 •
3650 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on What is Insider Trading?
The term “insider” combines various types of information that are important but non-public and, moreover, are often intended exclusively for official use. It is believed that the disclosure of insider information is unacceptable, and even if it...
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Sep 17, 21 •
3588 Views •
Forex Charts, Forex Trading Articles •
Zahir Shah
Comments Off on Best Candlestick Patterns to Learn for the Beginners
There are several candlestick patterns to learn. However, we have chosen two of the most common patterns that help the beginners to easily build understanding of the market. Doji candlestick – Forex candlestick pattern Finding this type of figure on the...
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Aug 30, 21 •
1741 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on What are engulfing patterns in Forex?
Engulfing is a well-known reversal pattern on a chart that consists of two candlestick patterns, but one pattern will engulf the other. In this case, it is important to correctly distinguish the type of pattern – it will depend on which candlestick...
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Aug 28, 21 •
2559 Views •
Forex Trading Articles, Forex Trading Strategies •
Zahir Shah
Comments Off on Do 50 pips a day strategy work?
For trading major currency pairs, 50 pips a day Forex strategy is getting extremely popular among traders. With the help of this technique, traders can easily identify the early market move of their trading instrument. But this trading strategy can be applied...
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Aug 27, 21 •
1732 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to Use Volume in Forex Trading?
Would you like to know how you can use volume in Forex trading? As a beginner, how difficult is it for you to acquire volume trading skills? Trading volume has a huge impact on the forex market, but very few traders know this. By learning this useful skill,...