Most traders do not understand why the markets respond in the manner in which they do. Coming to the market and getting into a trade without really understanding what drives and governs price action, many of them end up on the wrong side of a trade. Market moves look rather unpredictable, and thus investors are … Read more
Long is the time when Candlestick patterns have been that handy for the traders who view the decoding of price action in the markets. Of course, there are hundreds of formations of candlesticks. One of the lesser-known—and perhaps one of the most effective—is the 3 Bar Play. A unique and easily interpretable pattern that gives … Read more
The candlestick patterns become an essential part of technical analysis in helping a trader know which way the market is going with much more accurate information. While there are numerous patterns in the financial markets, two basic types—known as Pin Bars and Engulfing Candles—are amongst those crucial ones that every trader must be aware of. … Read more
It is indeed a challenging time in the realm of forex trading, where key economic events often stand out as grave challenges or golden opportunities. Being a trader is never easy, and traders find it extremely tough to maneuver through such events, particularly when the market is slow as at the turn of summer. The … Read more
Perhaps the most active trading volume in the world’s financial markets is the gold market, yet numerous traders fail to earn steady profit through this very market. While this problem could be linked to a lack of insight into what is happening in the gold market, what would be the biggest challenges a trader faces … Read more
Financial markets are navigating a condition of peak uncertainty and volatility. Investors are tackling volatile asset prices as they operate against the backdrop of inflation data, which are a precondition for monetary policy. The fear that inflation might start going north has furthered jitters within the markets as traders question whether Wall Street can maintain … Read more
To trade efficiently in today’s dynamic marketplace, one must have knowledge of market dynamics. The base of most trades is based on very basic price data, and that has limited the potential of many individuals. This article will explain why Level 2 trading is valuable and how it can increase the efficiency of trading strategies. … Read more
Amid all the quite complex tactics to make trades, this question is the most keenly felt by traders: “Where are those simple yet effective tools for consistent profit in the market?” Most traditional patterns are indeed known, but so widespread and repetitive that any edge has actually ceased to exist. Traders are then in search … Read more
Global inflation is a matter of great anxiety for traders, and the impact it leaves on financial markets just cannot be ignored. Inflation in the U.S. ran higher than the expected ratio in the past week, and anxiety is rife among traders concerning such trends across the globe. In this article, we have discussed the … Read more
Many traders, especially beginners, suffer from loss of accounts. This is not due to the lack of skill or market knowledge. However, they lack proper risk management planning. Without it, the trader loses major sums of money for complete account loss. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are the two most widely used trading … Read more
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