Forex Brokers Regulated

Moon Phase, or Lunar Cycle, is a trading concept that uses an indicator based on the moon's movement. According to this theory, asset prices change with the different phases of the moon.

Continue Reading at The Controversy of Moon Phase Trading

High-frequency trading (HFT) is an algorithmic trading strategy that uses powerful computers and advanced algorithms to execute many trades at extremely high speeds.

Continue Reading at High-Frequency Trading: Pros, Cons, and Controversies

OHLC is a commonly used term among forex traders, and it holds great importance in forex trading. It basically stands for Open, High, Low, and Close. As such, the OHLC chart consists of four main data points during a single period, with the closing price considered the most important point by many traders.

Continue Reading at Simple Day Trading Strategy with OHLC

• Wait until the price hits the upper Bollinger Band and form a bearish reversal pattern. Some of the possible patterns are bearish engulfing, evening star, dark cloud cover, and inside day.
• At the same time, make sure that the intraday intensity indicator is showing a bearish divergence.
• Open a sell order once the reversal candlestick pattern setup is complete. Place the order at the next open candle that follows the reversal pattern.
• Place a stop loss above the high of the candlestick pattern and a take profit either at the middle or the lower band. If the previous support was at the lower band, then it's an excellent spot to place the profit target.
  

Continue Reading at Beginner's Guide to Using Bollinger Bands for Swing Trading