“Triangle” Pattern: Forex Trading Strategy
The “Triangle” pattern is a simple technical analysis tool in Forex which is a series of falling tops and rising bottoms (4 points are required to draw the pattern).
The “Triangle” pattern is a simple technical analysis tool in Forex which is a series of falling tops and rising bottoms (4 points are required to draw the pattern).
Forex patterns are price models which often repeat in the market and result in certain regularity in the future price behavior.
Let's start this article by asking this question: “How much money can you afford to lose as a result of your next trade?”
Most traders use a trend line (in the future referred to as “TL”) to analyze and make trading decisions, making TL an essential tool for technical analysis.
To install and run the indicators from the "FXSSI Pro" pack, use these detailed instructions.
Many of you might have noticed a new level appeared in the Order Book tool.
Sometimes, the things we've forgotten about a long time ago bring interesting surprises.
People tend to treat something new with a grain of salt. Sometimes it comes to the point where new information is so incompatible with their firm beliefs that it results in a stream of ill-considered criticism.
Have you ever thought about how the "Against the Crowd" trading strategy should work in reality?
We want to share some of our best practices and strategies based on the analysis of traders' open positions. You can use them as a basis for making trading decisions or as an additional signal for an already proven strategy.
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