Japanese candlestick charts have become a standard technical analysis tool for many forex traders. In just one candle, a currency trader can see an exchange rate’s open, high, low and close for a ...
Success in Forex trading requires more than just understanding charts and indicators. While technical skills are essential, a professional trader also needs a strong mindset, emotional resilience, and ...
DXY is testing a trendline that dates back to the post-Great Financial Crisis period. If we fail here, it opens the door to a ...
The foreign exchange (forex) and stock markets are completely different financial markets. Despite that, they may still display correlated movements, although that may not be readily apparent to the ...
I wrote on 31 st August that the best trades for the week would be: Long of the S&P 500 Index if we see a daily (New York) close above 6,515. This did not set up. Long of Gold or following a daily ...
Bitcoin rallied significantly during the early part of the week to break above the $120,000 level but has turned around to show signs of exhaustion. The candlestick form for the week of course is a ...
Anyone who even dips a toe into forex trading quickly realizes one unavoidable truth: you can’t access the market directly.
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