There’s been a lot of buzz about multi timeframe analysis lately, but what exactly is this type of technical analysis and why should you incorporate it into your forex trading strategy?
Trader psychology is a primarily overlooked ingredient in achieving and maintaining trading success. One of the biggest aspects that poses a challenge to traders is FOMO, a term meaning the fear of missing out.
For many new traders, the big question then is which to choose between the Forex market vs the stocks market?
Among the many Forex technical indicators, moving averages continue to be one of the most popular trading tools out there. Due to the effectiveness, beginner traders through to seasoned professionals include them in their trading arsenal.
If you don’t have much time to learn how to trade, there’s really only two patterns you need to learn to develop a profitable trading strategy: The bullish engulfing candle pattern and the bearish engulfing candle pattern.
One of the biggest issues new day traders face in Forex is a lack of strategy. It’s all too easy to get caught up in every little move on every pair, but when trading by the seat of your pants, eventually you’ll be caught with your pants down.
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