What Is Trailing Stop & How Does It Work?
Trailing stop is a trading terminal feature that allows you to automatically drag Stop Loss order along with the price with a small lag (at a certain amount of points).
Trailing stop is a trading terminal feature that allows you to automatically drag Stop Loss order along with the price with a small lag (at a certain amount of points).
The most popular way to make money from Forex trading is to exploit strong trends. However, your favorite currency pair(s) will not always deliver the persistent moves you’re looking for.
Trend reversal traders often need two main tools in their trading. The first one is the ability to recognize potential trend reversals. Without doing this, they would miss out on reversals a lot.
Fractal used in Forex trading is a local high or low, which is marked by an up or down arrow on the price chart. They are indispensable assistants for Forex traders.
We used to study volume analysis with the VSA technique, as well as cluster analysis. Now it’s time to try it all in practice.
Our journey began with Forex, like many others. In our search for profits, we came to the futures market, and our basic analysis tool was the footprint. We’re going to tell you about it in this article.
One day I came across a link to a binary options broker’s website. Well, I thought it was time to figure out what binary options were and understand why the industry was growing so fast.
In the previous article, we’ve already mentioned such a notion as retracement, namely, its varieties: narrow, wide, and sideways retracement. It’s crucially important to distinguish one from the other if trading is not just a game for you.
As you know, market makers (or “smart money”) play an important role in the market. They are major players who have significant resources and are able to influence the price movement direction by their actions.
Novice traders are unaware of how to reconcile work and trading. Should they leave their main jobs for full-time trading in the Forex market and when to consider trading as a primary source of income?