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Jul 17, 24 •
111 Views •
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Zahir Shah
Comments Off on XAU/USD 2024 Forecast: Insightful Analysis and Future Gold Trends
Gold has captivated humanity for millennia. In 2023, it reached an all-time high, driven by global uncertainties and economic anxieties. As we move through 2024, what can we expect for this precious metal? Will it retain its luster, or will its price fall...
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May 29, 24 •
224 Views •
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Zahir Shah
Comments Off on Unveiling the Mystery: Exploring the Ascending Scallop Pattern
Greetings, fellow traders! Today, we embark on a journey deep into the heart of chart patterns, where we’ll shine a spotlight on one of the most intriguing motifs – the ascending scallop pattern. Picture yourself standing on a tranquil beach,...
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Jan 9, 23 •
1155 Views •
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Zahir Shah
Comments Off on Trader’s Guide for Risky Currency Pairs
Some traders prefer trading forex pairs in small volumes instead of the so-called “majors.” Find out which currency pairs are at risk of being “thinly traded” in this article. Low liquidity Forex liquidity refers to how much money...
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Jul 19, 22 •
1864 Views •
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Zahir Shah
Comments Off on How to Find a Forex Trading Mentor?
The Forex market is no different from any other skill, and learning it can sometimes be challenging. Advanced trading concepts can be challenging to grasp if you don’t understand the basics of the market at the beginning. The majority of beginner...
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Feb 16, 22 •
2524 Views •
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Zahir Shah
Comments Off on How to trade the sushi roll pattern?
It is simple to enter the stock market, but achieving the required profit is hard. Stock market trading necessitates extensive expertise. Traders find it easier to go with the stock market’s current trends. Being caught in the reverse, on the other...
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Jan 13, 22 •
3284 Views •
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Zahir Shah
Comments Off on What is forex futures trading?
Currency futures contracts, also known as foreign exchange futures, or FX futures, are the kind of contracts where trades are made to exchange a currency for another at a fixed exchange rate. But the fun part is, the transactions are made on a future date....
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Dec 10, 21 •
2037 Views •
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Zahir Shah
Comments Off on Pullback Trading Strategy in Forex
Occasionally, you will encounter the term “pullback” when reading about analytic outlooks on price movement. You can trade against the trend using pullbacks in many trading strategies. Do you think it is a wrong concept since theory often teaches...
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Nov 15, 21 •
1884 Views •
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Zahir Shah
Comments Off on Moving Average Ribbon trading strategy
The moving average ribbon plots different moving averages and creates a ribbon-like structure. The spacing between the moving averages gauges the trend’s strength, and the price in relation to the ribbon can be used to identify key levels of support or...
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Nov 12, 21 •
1983 Views •
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Zahir Shah
Comments Off on Island Reversal Pattern trading strategy
The Island pattern suggests a reversal of a current trend. The pattern has gaps on both sides, giving it the appearance of a divided region. That’s why it’s known as the Island. What is the Island Reversal pattern? The Island pattern can be seen...
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Nov 8, 21 •
1904 Views •
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Zahir Shah
Comments Off on Outside Bar trading strategy
An outside bar is a reversal and continuation trading method in which the current candle, high and low, completely engulfs the preceding candle high and low. You can use this method to help you identify bullish and bearish reversal/continuation patterns. How...
