If you are a forex trader, you probably fall into the category of either scalp trader or day trader. The line that distinguishes the difference between a day trader and a scalp trader is a blurry one.
Japanese candlesticks often form patterns that predict future price movements. Some of them predict bullish price movements, and others suggest bearish price movements. They may appear as single, two, or three candlestick patterns.
Are you trying to master the concept of trading supply and demand in Forex?
Alongside Googling “how to make money online”, entering a search query “how to become a successful Forex trader” is going to yield almost as many misguided and sensationalist recommendations.
Low price doesn’t always mean bad quality. In fact, you may find yourself making good money by investing in a bunch of inexpensive shares.
The difference between a lagging indicator and a leading indicator is pretty self-explanatory.
“What is the best timeframe to trade in Forex?” Isn’t that the question that many traders, especially the novices have asked themselves?
If you’re a Forex news trader, then with no doubt you’ll understand that finding the right NFP trading strategy could well be considered the holy grail.
In the capital markets industry, a lot of emphases is put on timing, and this is especially true for the online Forex trading niche.
Starting as a Forex trader means understanding and applying support and resistance levels in trading strategies. What if you could predict possible support and resistance zones before they form? You can, by identifying round levels.
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