Technical Analysis
Many beginning traders started their misadventures by bleeding out the content of their deposit while trading on smaller time frames (below H4), just because they thought that smaller time frames yielded faster signals.
Hey, there's a reason why candlestick chart is the most popular indicator of price movement. It's because it tells you how the bulls (the buyers) and the bears (the sellers) tried to enter the battlefield and guess, who survived it?
If there's any practical indicator that can remain simple to read while potentially shed significant insight in conjunction with other less-simple indicators, pull your tabs and bet it on Moving Average. It's that good.
Many people have tried to trade against the trend, expecting higher advantage when they do the thing that is not commonly done. Some of them succeeded, and some of them tragically failed.
Kagi charts, based on the concept of noise removal, are among the most significant tools for an active foreign exchange trader.
The Abandoned Baby Stick Pattern is a trend reversal signal. Once it shows up in a technical analysis chart, it means that the current price movement is about to turn around and granted you place for a correct bet.
Volume indicator, usually located below price chart, is often overlooked by traders. However, it actually could provide powerful assistance during trading in all market condition.
Many professional traders are using very extensive methods in Forex trading, that includes the use of multiple time frames, and I do believe in this system. How to do it correctly?
Parabolic SAR is one of several popular indicator in forex trading, although it could also be used in other trading assets.
Pprice movements in forex trading always fluctuate in a relatively short time. Such movements enable technical indicators to read patterns from prior prices as well as predicting the next price movements.