For years, forex brokers have offered what is known as a micro account. The benefit for a beginner trader is that you may register an account and start trading with as little as $10. Some brokers concluded that micro accounts…
The ability to identify support and resistance is the foundation of the rectangular pricing pattern. It can give you consistent results in a short period of time. This guide will teach you how to spot the pattern and how to…
Even if you’ve progressed past the beginner trader stage and are improving your trades, you may still be making the same mistakes. Of course, the number of these mistakes should be decreasing, but emotions can sometimes overpower the mind and…
The two most popular forms of trading are forex and binary options. Each one has its own set of advantages and disadvantages. The former has a lower risk and a higher payout, while the latter has a low risk but…
Learn How to trade pullbacks with with hidden divergences. Traders frequently use divergence to determine the optimum times to enter trading positions. What is divergence, what are the many sorts of divergences, and how do you trade them? In today’s…
Candlestick charts have the advantage of being able to be utilized in conjunction with a variety of technical indicators. In this post, I’ll show you how to trade on the Pocket Option platform using Bollinger Bands, as well as support…
McGinley Dynamic is a term for an indicator created by John R. McGinley in the 1990s. He holds the designation of Chartered Market Technician. He was developing an indicator that would respond to shifting market conditions automatically. The McGinley Dynamic…
There are 3 forex charts namely line charts, bar charts and most widely used Japanese candlesticks. Line Charts A line chart can be used to illustrate price change. You can as well use line charts to analyze price movement. However,…
Line rebounding is a graphical pattern that attempts to capture a price that is unable to break through support or resistance levels. Many traders feel the price upward dynamic has ended when the price reaches the level of resistance and…
The primary responsibility of a trader is to observe price fluctuations and then enter into a trade based on those findings. On occasion, a significant trend can be seen on the price chart, indicating that the situation is clear. However,…
