Understanding Wedge Forex Patterns: A Beginners Guide
If a trend line cannot be placed cleanly across both the highs and the lows of the pattern then it…
If a trend line cannot be placed cleanly across both the highs and the lows of the pattern then it…
The upper trendline acts as resistance, while the lower trendline acts as support. Strong volume on the breakdown suggests a…
Instead of trading with 4 mini lots right off the bat, start off with 1 mini lot. Then add or…
This type of overconfident trading increases the probability of triggering a margin call. For example, you think GBP/USD has gone…
If the trader doesn’t act in time, the broker might automatically close some or all of the trader’s positions to…
If EUR/JPY rises to 131.00, you’d make a profit based on the full 100,000 units, not just the different currency…
Other instruments, including cryptocurrencies and binary options, provide regular trading conditions on weekends. However, trading activity and market liquidity on…
The forex market is inherently uncertain, and no strategy can guarantee consistent profits. Successful traders understand that risk is an…