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Trading with chart patterns can be one of the simplest ways to find highly profitable trade setups. Despite the ease of trading with chart patterns, there is quite some subjectivity involved which can be a put off for newcomers. While…
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Fundamental analysis is the in-depth study of geopolitical and economic events and various other forces that can impact the global financial markets. This can encompass a wide range of things, including news releases, central bank policy…
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The short answer is: everything. Well, that might be a bit of an exaggeration, because "everything" includes pizza, and you can't make pizza with MT4. But there's a reason that MT4 is currently the most popular forex trading platform out…
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Whatever happens next year, one thing is for sure: it's not going to be like this year. The aftermath of covid will change everything, including: How businesses operate How international trade is conducted How the markets…
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Reversal patterns, as the name suggests, change the course of an ongoing trend, whether it is bearish or bullish. For example, if the price action indicates that the trend is moving upwards, then this should eventually see an end to the…
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The doji candlestick pattern is one of the simplest and easiest of all variations of the Japanese candlestick patterns to identify when doing technical analysis. While Forex traders often tend to pay a lot of attention to other more complex…
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The medium-term XAUUSD structure shows a deep intermediate correction wave (4). It takes the form of a minor triple W-X-Y-X-Z zigzag. Waves W, X, Y, and X are complete, whereas wave Z is still under construction. The bearish wave Z, like…
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