Forex trading is buying and shorting different currencies in a decentralized market. Here traders and speculators want to profit from the fluctuations of different currency pairs. This market is a … Read more
When you buy or sell foreign currencies on the foreign exchange market, that is forex trading. Traders aim to profit from currency price fluctuations. It’s popular due to its potential … Read more
Forex trading is very popular nowadays among aged people and youngsters. This financial market can make a fortune for them. This is the core reason for its popularity. Most of … Read more
Now financial markets are the most common sphere where traders can find new opportunities.Among the myriad options, Binance Forex emerges as a shining star, offering a gateway to global markets. … Read more
Is making $100 daily with a $10000 Forex trading account possible? It’s imperative to kickstart your Forex journey with a grasp on the possible gains from your venture. Many ask … Read more
50 day moving average more specifically 50 day simple moving average is popular among traders and technical analysts worldwide. Have you ever ask yourself why ? There are various types … Read more
As banks and hedge funds hold positions for longer, they need to get a longer-term trend direction. 200 day moving average is treated as a leading indicator by top-class technical … Read more
The moving average is one of the most popular technical analysis indicator day traders use to identify profitable setups. But the problem is that if you don’t know which is … Read more
The moving average is a technical indicator. The rising moving average hints that the Currency pair is in an uptrend. On the contrary, the declining moving average hints that the … Read more
Many new comers confused themselves understanding Cup and handle pattern vs Double top pattern. While there is no complexity as cup and handle is a trend continuation pattern and double … Read more
Double top and double bottom are both trend reversal patterns. The double top is English letter “M” shaped, and the double bottom is “W” shaped. Professional traders use these 2 … Read more
Fibonacci ratios are one of the most powerful and used ratios in forex trading. However, Fibonacci tools are very popular amongst traders but professionals never depend solely on this tool. … Read more
Fibonacci retracement levels are nothing but some horizontal lines. These horizontal lines indicate the market’s support and resistance levels. Traders use these support and resistance levels to identify core points … Read more
Newbies and many intermediate-level traders think that stochastic rsi and rsi are similar or both are the same indicators, but the reality is totally different. RSI is a derivative of … Read more
Divergence trading is compelling in forex. There are many indicators like MACD, stochastic, and so on. But Rsi divergence is simple to understand and take the trades correctly. What is … Read more
RSI indicator is one of the most powerful technical indicators. In this piece of content, I will explain various aspects of this indicator and point out how you can ideally … Read more
What is macd indicator MACD is the short form of moving average convergence divergence. Traders use the MACD indicator to detect a new trend. Whether it is bullish or bearish, … Read more
The double bottom pattern is a chart pattern. It indicates the change in the trend direction. So we can call it a trend reversal pattern or formation. Interestingly, the Double … Read more
Both day trading and scalping are a form of trading style. Trade holing time duration and number of trades create the core difference. You should know day trading vs scalping … Read more
How much do forex traders make is a hypothetical question, but we all want to know this question. Although the forex market is the most lucrative, when any starts forex … Read more
There are many trading strategies, but the higher high lower low method is the most effective one. You can trade using this strategy in any type of financial market like … Read more
