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These are not affiliate links. Here are 9 Best Forex Brokers for Day Trading in Africa. Forex day trading is the practice of buying and selling currency pairs inside a single trading day. These forex traders shut out their positions at the conclusion of the trading day rather than keeping them open overnight. But I…

Here are the 7 Forex trading secrets you should know in 2022. Trading Forex successfully requires experience and a smart technique. The Forex market is one of the most potentially lucrative marketplaces available to traders and investors today. Traders must create a winning approach in order to trade the Forex markets successfully. Today, we look…

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 were insufficiently tiny and began offering “nano” accounts. Flexible position sizes and cheap minimum deposits…

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 use it effectively when trading. How do I spot a rectangular price pattern? Let’s talk…

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 strategy, resulting in pips being lost. The following is a list of the most damaging…

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 higher payout. Traders should make a careful comparison to determine which is best for their…

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 post, I will address these concerns. types of divergences When there is a divergence in…

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 and resistance levels. Trend reversals are traded using this trading approach. Let’s get this party…

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 indicator is the result of his study. Simple Moving Average The SMA works out past…

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, Japanese Candlesticks are most commonly employed to read charts and analyze the current market position.…