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.
Tips for Traders
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.
Most traders prefer to trade using technical indicators like RSI and MACD. Others love using a bare chart to make their decisions.
One of the most important elements of successful Forex trading is money management.
If you are familiar with trading, you know about trends. A trend shows the direction of a price. It can be ascending, descending, or horizontal.
MetaTrader 4, also known as MT4, is the world’s most popular trading platform. It offers excellent trading and analytical tools to implement even the most complex strategies.
Doji candles are rare birds, but if you catch them, it can be a great chance to seize the right entry moment. This article will discuss what a Doji candle is. You will also get a Doji strategy that can bring profit.
Based on the current economic changes, our long-term vision, and stocks’ performances, we have created for you a list of top stocks to trade this month.
In trading, the term "volume" represents the amount of money that has been spent for buying or selling a particular asset over a specific period.
What defines a good, profitable, and wealthy trader from the bad one? Some say it’s all about a trading strategy; others point to a mindset and trading psychology.