In this article, we will discuss a strategy using the Renko charts. This is a specific way of representing the price chart that highlights the size of the movement, regardless of time.
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In this article, we will discuss the main price structures only. The author has plenty of patterns in store but you do not need to know all of them to trade successfully: you can choose a couple and learn how to use them properly in compliance with your capital management rules.
A trading diary helps to not only prepare trades well but also analyze the results of trading.
In this article, I will tell you how to choose instruments in the situation of the pandemics and the US presidential elections if you have just heard about the stock market.
Who is a “successful trader”? They are a trader who has learned to make a stable profit in financial markets. In this article, we will give 10 clues that will help beginners to become and feel like that successful trader.
Our strategy uses the Ichimoku and Awesome Oscillator indicators. Ichimoku Kinko Hyo is an excellent trend indicator that perfectly shows the current market trend.
In this overview, we will discuss an interesting and useful indicator called High_Low. It helps the trader to find important support/resistance levels on the chart.
Today, we will get acquainted with the MFI (Market Facilitation Index). It was developed by an experienced trader Bill Williams and described in his book “The Trading Chaos”.
Speaking about psychological competences, important for a trader, I would first and foremost single out emotional intelligence.
A Forex strategy called Supremacy is a trading strategy based not so much on classic tech analysis but on studying the positions of other traders.
In this overview, we will discuss the use of the Force Index. This indicator from the group of oscillators was designed and first applied to trading by a famous market expert Alexander Elder.
The Ichimoku indicator has long been acknowledged as an efficient market instrument for defining the prevailing trend. It frees the trader from the need to detect such important things on the chart as the support and resistance levels as well as the areas that do not suit for trading.
This method is known as a solution-focused approach and is currently the quickest way of acquiring a positive attitude. It was described by a famous psychologist working with traders – Brett Steenbarger.
The publication of the unemployment rate data may noticeably increase market volatility. Many traders call Non-Farm Payrolls an index that moves markets, however, it cannot reverse the current trend.
In this review, we will discuss such a notion as slippage. This is quite a frequent phenomenon in Forex and other financial markets that influences the opening and closing prices of a position.