The Bullish Harami is multiple candlestick chart pattern which is formed after a downtrend indicating bullish reversal. It consists of two candlestick charts, the first candlestick being a tall bearish candle and second being a small bullish candle which should be in the range of the first candlestick. The first bearish candle shows the continuation...Read More

Candlestick charts originated in Japan over 100 years before the West had developed the bar charts and point-and-figure charts. In the 1700s, a Japanese man known as Homma discovered that as there was a link between price and the supply and demand of rice, the markets also were strongly influenced by the emotions of traders....Read More

The study and mapping of trends and price patterns using numerous technical indicators, or studies, is known as technical analysis. This price-time connection can assist traders not only observe and analyzing more data but also detect periods of hesitation or emotional reversal. To construct a strategy or technique, technical analysis is employed to assist identify...Read More

Scalping is a short-term trading strategy in forex that aims to profit from minor price fluctuations in the forex market. Scalpers will buy and sell a foreign currency pair in seconds or minutes, only holding the position for a few seconds or minutes. They then repeat this process throughout the day to profit from price...Read More

A trader’s margin is the amount of money he or she must put up to open a trade. To open a trade when trading forex on margin, you only need to pay a proportion of the total value of the position. When it comes to leveraged forex trading, the margin is one of the most...Read More

Slippage is a typical occurrence in forex trading, however, it is frequently misinterpreted. Understanding the causes of forex slippage can help a trader reduce negative slippage while potentially increasing positive slippage. Unexpected news developments and fluctuating volatility in the forex market generate slippage. It can also happen when you trade an instrument outside of its...Read More

Price action in forex is exactly what it sounds like. It’s price’s “activity.” It summarises a market’s movement, including trends and major support and resistance levels. Price action trading, on the other hand, comprises buy and sell signals. When we combine these indications with important levels and momentum, we get a simple and effective trading...Read More

Forex risk management allows you to put a system of rules and controls to ensure that any unfavorable consequences of a forex trade are contained. Because it’s ideal to have a risk management plan in place before you start trading, a good approach necessitates proper planning from the start. Risk of forex trading Currency risk...Read More

Many people make the mistake of overlooking forex money management in their trading. Traders that overlook money management in Forex do so to their cost, whether due to a lack of awareness or laziness. Solid money management is one of the characteristics that separates a successful trader from one who fails.  Forex Money Management The...Read More

Traders can utilize a forex economic calendar to learn about forthcoming news events that can influence their fundamental research. Economic calendars list the dates and potential effects of upcoming national and worldwide events that may have an impact on the price and popularity of specific markets or assets. The kind and date of each event on...Read More