There are alot of things you need to take into mind about forex. Forex is very risky where you either make alot of money or losing all your money.
Before you start trading, you need to take some...
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There are alot of things you need to take into mind about forex. Forex is very risky where you either make alot of money or losing all your money.
Before you start trading, you need to take some...
It is in the same way that you can invest in anything part-time, including starting a business. If your total gains exceed losses, and you have consistent profit margins, then your net income will...
Yes it is, Indeed Possible before that you have to check few things with yourself. The trading thing is all about interest and sacrificing your initial days looking at charts and few data's.
So to...
It depends on how you want to trade.
If you want to be a short term trader (forex), there is no part time in it, you have to be hooked to your screen all the time.
Otherwise, you can be a long...
what will you do when you're at the high of seeing all those green (earning figures) in your account and then suddenly the charts sharply drop and all you see is red? Do you sell your positions, or...
A trading journal should not only be a logbook of the trades you take, but also how you feel about taking that trade, what you perceive as risks and even ongoing emotions as the open trade unfolds....
Hi, good question and Im glad you take an interest in forex!
Im going to tell the unpopular truth first: it is not easy to make consistent profits in forex. 60% of forex traders lose money, and...
BULLISH PIERCING LINE: This is a bottom reversal pattern with two candlesticks. A black candlestick appears on the first day while a downtrend is in progress. The second day opens at a new low, with...
BULLISH INVERTED HAMMER: This pattern consists of a black body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bearish...
BULLISH HARAMI CROSS: This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami...
BULLISH HARAMI: This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant...
BULLISH ENGULFING: This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the...
BULLISH BELT HOLD: Bullish Belt Hold is a single candlestick pattern, basically, a White Opening Marubozu that occurs in a downtrend. It opens on the low of the day, and then a rally begins during...
BULLISH HAMMER: This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long...
Unlike fiat money, Bitcoins and other cryptocurrencies have no central bank that controls them which means that cryptocurrencies can be sent directly from user to user without any credit cards or...
he trading bitcoin for profit is actually a universal cryptocurrency trading strategy that can be used to trade any of the 800-plus cryptocurrencies available to trade as of today. If youre not...
he trading bitcoin for profit is actually a universal cryptocurrency trading strategy that can be used to trade any of the 800-plus cryptocurrencies available to trade as of today. If you’re not...
:good:ounter-trend strategies rely on the fact that most breakouts do not develop into long-term trends. Therefore, a trader using such a strategy seeks to gain an edge from the tendency of prices to...
However, it's worth noting three things:
support and resistance are not iron-clad rules, they are simply a common consequence of the natural behaviour of market participants
trend-following...
To what extent fundamentals are used varies from trader to trader. At the same time, the best FX strategies invariably utilise price action.
This is also known as technical analysis.
When it...
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