How a war will affect us as traders? The US sent airforce bombers to the Persian Gulf. War for the US always leads to even stronger $USD in the short term. A war with a country like Iran will increase the $OIL price. As a technical trader, I will decrease the risk factor during these […]
Swap in Forex trading is an agreement consists of swapping principal and interest payments in one currency with principal and interest in another currency of a loan of equal value. Sometimes you may choose to place a trade and carry that for a long time. Maybe to hedge against your other trades. To avoid paying extra […]
What Is Hedging? I call hedging a kind of insurance. Think about a bad event like a storm or flooding. We can not prevent a negative event from happening, but we can reduce the impact of the event by ensuring our asset. So, we can see the hedging every day. But in forex trading hedging means […]
What are the main criteria for a good trading strategy? 1. Lowers the risk by: · Limiting the size of each trade · Diversifying your portfolio · Using hedge trading 2. Suits your lifestyle: · Trading times · Allocates time for: Sleeping, exercising, eating, etc… 3. Suits your personality and emotions · Using the correct […]
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$GBPCAD Nicely fits in a channel.Sell at 1.7560TP: 1.7250 & 1,7100SL: 1.7650
To make it simple, leverage is using the borrowed money when investing. The higher the leverage the higher the risk level. if you have a good money management strategy you will earn extra money using leverage. On most brokers, you can only trade by choosing fixed leverage. It means if you set your account […]
You probably know about the trends and how we have lower lows and lower highs in a downtrend. Also, you know the situation in an uptrend. if not you can find some information about the trend here. This not only applies to the stocks, currencies or commodities but it also applies to the people’s performance. When you […]
Looking at the graphs and the trend of price movements in the past gives you a very good overview to predict the price move in future.Although it looks pretty trivial, it does help you get profitably. Once you understand the price trends, you can identify the best time to buy the currency pair.It is best […]
The bat pattern is a 5-point correction structure developed by Scott Carney in 2001. This template has specific Fibonacci measurements for each point in its structure. It’s important to note that D is not a point, but an area in which the price trend is likely to be reversed (PRZ). PRZ containing 3 coordinate levels of […]
