Introduction to Pivot Points:
A pivot point serves as a pivotal indicator in technical analysis, aiding in discerning market trends across various time frames. Essentially, it's an average of the intraday high, low, and closing prices from the previous trading day.
Traders interpret trading above the pivot point as indicative of bullish sentiment and below as...
Introduction to E-mini S&P Futures
E-mini S&P Futures stand as a testament to the intricate dynamics of financial markets, capturing the essence of broader economic trends and investor sentiment. As we navigate through 2024, these futures face a situation reminiscent of the prelude to the 2008 global financial crisis. This article embarks on a journey to analyze...
Embarking on a journey to become a professional forex trader requires a solid understanding of various key topics. Whether you're a beginner or looking to enhance your trading skills, mastering these 15 forex topics will set you on the path to success. Let's dive into the essentials! 💪
1. Understanding Forex Basics 🌐
- Learn the basics of currency pairs,...
In the today's post, we will discuss 3 types of analysis of a financial market.
🛠1 - Technical Analysis
Technical analysis focuses on price action, key levels, technical indicators and technical tools for the assessment of a market sentiment.
Pure technician thoroughly believes that the price chart reflects all the news, all the actions of big and small...
In the world of technical analysis, patterns often provide valuable insights into potential market movements. One such pattern, the bearish flag, is a vital tool for traders seeking to identify and capitalize on bearish trends. In this comprehensive guide, we'll explore the bearish flag pattern, uncovering its characteristics, formation, and implications. With...
The world of forex and global finance is filled with acronyms and indices that influence markets daily. One of the most critical and widely tracked indices is DXY, which represents the U.S. Dollar Index. In this comprehensive guide, we'll dive into what DXY is, why it matters to traders and investors, and how it can impact your financial decisions. By the end,...
Candlestick patterns are a trader's secret language, revealing potential market movements and trends. Among the multitude of candlestick formations, six key patterns stand out for their significance in technical analysis. In this comprehensive guide, we'll explore these patterns, providing real-world examples to help you decipher their bullish and bearish...
In the fast-paced world of forex trading, understanding price action is akin to possessing a treasure map. Price action analysis is the art of deciphering market movements based on price movements alone, without relying on indicators or oscillators. In this comprehensive article, we'll reveal the essential price action secrets that every forex trader should...
Achieving success in the world of trading is akin to crafting a masterpiece. To create the perfect trade, traders must harmonize three crucial elements: emotions, market conditions, and trading setups. In this in-depth article, we'll explore how these elements intersect and provide real-world examples to illustrate their significance. By mastering this trinity,...
In the dynamic world of forex trading, price gaps, often referred to simply as "gaps," are a phenomenon that can significantly impact market analysis and trading decisions. Understanding what gaps are, how they occur, and their implications is crucial for any forex trader. In this comprehensive article, we'll explore the concept of gaps in forex, provide...
Embarking on a journey to become a successful trader is not for the faint-hearted. It requires dedication, perseverance, and a deep understanding of market dynamics.
In this article, we'll explore the fascinating journey of a trader, from their humble beginnings to reaching the pinnacle of success in the financial world.
1. The Awakening:
The first step on...
Introduction:
In the world of foreign exchange (forex) trading, traders have an array of currency pairs to choose from. Among the various strategies employed by forex traders, a popular approach is to focus on trading a single currency pair. While some may argue that diversification across multiple currencies is more beneficial, trading one currency pair comes...
As a professional forex and gold trader, it's essential to understand the anatomy of successful trading. From market analysis to risk management, there are specific body parts, or components, that make up a successful trader. Here's a breakdown of each component and its role in pro trading.
👁 Eyes - Market Analysis
Successful traders know that the markets are...
Introduction:
Welcome, fellow traders! Today, I'm excited to present a step-by-step tutorial on how to enhance your trading strategy using a combination of two powerful technical indicators: Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) .
Section 1: Understanding MACD and RSI - Exploring the Components
MACD:
The MACD...
Two important factors that been driving Dollar prices in last several month as we all know is Federal Funds Rate and Inflation data like CPI.
In this week we have both of them coming out on Tuesday and Wednesday, now we want to see how it can affect the market.
Price usually tend to be at important resistive or supportive areas at the time of important news hit...
Hello traders!
✅ MARKET STRUCUTURE .
Today we will talk about market structure in the financial markets, market structure is basically the understading where the institutional traders/investors are positioned are they short or long on certain financial asset, it is very important to be positioned your trading opportunities with the trend as the saying says...
HOW TO TRADE MARKET DIFFERENT TYPE OF STRUCTURES:
In this video i explained how to trade different type of market structures like;
- Uptrends
- Downtrend
- Ranging Market
Don't forget to drop your contribution in the comment section.
Studies Suggest Omicron Patients Less Likely to be Hospitalized
Research has just been published on omicron variant coronavirus cases in England, which over recent days has experienced a massive wave of omicron infections, confirming over 106,000 new cases yesterday.
The research is preliminary and will be followed by more detailed surveys of much larger data...
