Tips for Traders

For a more assertive speculation in the foreign exchange market, it is necessary to use different tools and analyzes that can predict, to some extent, the movement of currencies and the sentiment of investors in a given country.

This article will tell you about an indicator created especially for trading indices- the Advance/Decline line.

Struggling to choose between part-time and full-time trading? Then this article is for you!

The economy never moves in a straight line.

In trading, we can rely on a bunch of different entry signals.

A triangle chart pattern is a consolidation pattern that involves an asset price moving within a gradually narrowing range.

Trading has several levels of complexity, starting from the easiest, like buying and selling random assets, to a more comprehensive one, with deliberate risk management, timing, and objectives.

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Sometimes a chart or a candlestick pattern may provide a decent entry signal if it is located at a certain level. A pin bar is one of the most reliable and famous candlestick patterns, and when traders see it on the chart, they expect the price to change its direction soon.

Among hundreds of different indicators and technical tools for traders, the relative strength index (RSI) is one of the most popular due to its simplicity and, at the same time, its power in various trading cases. In this article, we want to tell you about another powerful tool similar to RSI but with some cool tweaks.

There are a lot of valuable strategies that require the knowledge of candlestick patterns and oscillators. However, not of them are profitable. When you start trading with them, you can face situations when the strategy is not moving your way.

Intraday trading, also known as day trading, is about buying and selling assets on the same day.