To find day trading levels from daily candles, focus on identifying key support and resistance levels based on historical price action. Look for...
Before any news hit the market, I see the short time frames and candlestick patterns and it gives me an idea where the price can go shortly.
There are many things to learn from others’ failures! Don’t you think so?
Don’t rely on Forex trading completely because the market is highly risky for traders and earning regularly from the market is uncertain.
I simply draw trendlines and use RSI, Bollinger bands and fibonacchi to get an idea.
Check for online reviews because they can help you recognize a scam broker!
Usually consider the impact of news and how they impacted the market previously.
Can’t name any such broker as I haven’t used any.
Whenever I trade, the market breaks the trend and whenever I don’t trade, the market follows the trend. Why does it happen?
Experienced traders can identify it though eying the chart and there are numerous indicators including moving average that helps is identifying...
Agree with you because it makes the understanding difficult!
Can you hint at some differences between the trading of expert traders and ordinary traders?
People say 90% of the traders is failure in this market. What do you think of the possible reason behind this?
Hedging means holding positions on both sides and leave either side when it feels like gaining in price.
Then I have to study how engulfing pattern works and I know about the hammering pattern. Thanks!
Can you suggest some profit generating EAs? I think it will be more helpful for us!
Taking rush decision is one of my bad habits to mention to you.
It is seen that expert traders can predict the price of the market by looking at the candlesticks. How they do so?
Mental preparation will make you capable of trading because Forex is a tricky market. To catch the slithery movement of Forex, you have to be an...
Forex can seem to be a job considering the time invested by a trader but it’s actually a business.
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