Zig Zag Indicator -How to Use it to Trade Forex
You can use the zig zag indicator to make money on Forex. It can give you a clear view of the market price swings on various time frames. You can use this
You can use the zig zag indicator to make money on Forex. It can give you a clear view of the market price swings on various time frames. You can use this
It doesn’t matter the asset you trade, most markets spend an appreciable amount of time to consolidate after trending upward or downward. As a trader, it is important to know
The world of price action trading is quite diverse, from the basic candlestick patterns and chart patterns to the more advanced patterns like the harmonic patterns. Harmonic patterns make use
Ever thought about including chart patterns in your trading arsenals? Chart patterns are one of the most powerful weapons to use in your battle with the markets. They can help you
Chart pattern failures occur frequently, confounding the expectations of traders. Due to the high frequency of these failures, it is important for you as a trader to know how to trade
There are a few legends who contributed immensely to the development of technical analysis by developing technical analysis, principles, theories, laws, and insights into the markets.The most popular ones are
No trader can talk about technical analysis without talking about the Tom demark indicators. There are many analysts and traders who have made a significant contribution in technical analysis. Tom Demark is
There a few trading tools that help traders spot areas of value in the market, and pivot points are one of them.This tool has been used by traders for many
As a Forex trader, knowing how to control your emotions is key to trading successfully. A slight lapse in controlling your emotions may wipe out all profits from your trading account. And
There is an adage that says, “Who fails to plan, plans to fail.” This is very much true in trading as it is in every other aspect of life. In fact,
The financial market is such a unique place that people have to do things in their own way to get their desired results, which is why there are different types
Definitely one of the most frequently asked questions among newbie traders, the best timeframe for your trading is one thing you have to figure out on your own. Different people have
The Heikin Ashi candlesticks are a great tool of interest to many Forex traders. So, you were riding a trend… You began to think that the price is about to move against
The wolfe wave is a natural pattern that can be found in any market. As a trader, you must know how to identify and analyze this chart pattern. Having such knowledge will
I like using the Average True Range indicator in my trades. Most trading indicators measure trend direction, momentum, overbought levels, etc. However, the ATR indicator is different. Actually, it’s totally different from other
Most beginner traders often think that money is made in the short-term timeframes, so they go the way of intraday trading, believing that it will enable them to quickly grow
Trading books will sharpen your Forex trading skills. Remember, you are not a genius. To succeed as a trader, you have to model the processes that have been used by successful traders. The
At the outset, let’s state it clearly: intraday trading is more risky than swing or position trading, especially for beginner traders who have not understood the different types of trends
Professional Forex traders have learned a great secret, the use of a trailing stop loss. You must have noticed that professional traders ride big trends. They ride trends that keep going higher,
As with the triple top counterpart, the triple bottom pattern is widely used in the technical analysis to anticipate situations where a trend is likely getting exhausted and the price
The cup and handle pattern is a powerful chart pattern used by traders to capture explosive breakout moves. This pattern occurs regularly within financial markets. As a trader, you should consider incorporating
Chart patterns produce some of the most successful trading opportunities in the market for technical traders, and they can give either trend reversal signals or continuation signals. As basic as it
The MACD indicator is a widely used tool by Forex traders. In this article, I will help you know this indicator in depth. It will not be the usual MACD indicator stuff
Many textbooks state that the Hammer candlestick pattern is a signal that the market is about to reverse higher. So, anytime you spot it in your chart, you go long. However, the