In the fast-changing world of forex trading, charts help traders predict the market. They display market trends, patterns, and potential opportunities. Let’s dive into the essential chart types every forex trader should know and master. Line Charts: The Simple...
Fibonacci retracements are tools that traders use to help predict market movements. These tools are based on number patterns discovered long ago. Traders use these patterns to guess when stock prices might change direction. It’s amazing how these old math ideas...
In forex trading, picking the right time frame is pivotal as it plays a significant role in your success in the fast-paced forex market. Many traders using platforms such as MetaTrader 4 (MT4) tend to trade off either the weekly or daily time frames. Each comes with...