Sideways TrendWhen a tight trading range forms with no clear directional bias, prices are moving sideways between support …
Tag: indices
MACD (Moving Average Convergence Divergence)This popular oscillator measures the difference between two exponential moving averages to identify trend …
Reading Candlestick ChartsCandlestick charts are one of the most popular Forex chart types due to their ability to …
Forex trading involves buying and selling currencies on the foreign exchange market. Understanding how to read Forex charts …
Factors that Impact Market TrendSeveral macro factors influence whether an asset trends or ranges:Economic reports like inflation, GDP, employment …
What are Trending and Range Markets?A trending market is one where the price of an asset is consistently …
Every trading manual or guide emphasizes the importance of having a well-defined trading strategy for achieving success. Primarily, …
In the world of business and trading, the old adage holds true: “If you fail to plan, you …
Optimizing for Market ConditionsFor example, trend-following tends to outperform during periods of strong directional movement in currencies. However, …
Money Management and Risk ControlsProper money management is crucial for any consistent forex strategy. Risk management rules should define …