Author: admin

Weekly Technical US Dollar Forecast: Technical Damage Not Undone

For many forex traders, the weekly technical US dollar forecast is a vital part of their trading strategy. The forecast gives them insight into which way the market will move in terms of strength and resistance. This is essential to your success as a trader. There are several ways you can look at the weekly

How to Read a Candlestick Chart

The technical analysis technique of studying candlesticks is used extensively in Forex trading. Candlesticks are the perfect way to analyze the market since there are over 20 pips in one candlestick. On the chart, every candlestick shows the opening, high, and closing price for a particular time period. For instance, if the investor set the

Gold Prices Rise to Critical Resistance on Inauguration Day

old Prices Has Shifting Critical Resistance As China, India and Germany Get Ready for European Union (EU) Approval of a Common Trade Program. The European Union (EU) has been pushing the global trade talks towards a free trade area. However, all this comes at a price: The EU is struggling to get enough cooperation from

How to Read a Candlestick Chart

Candlesticks can be used as technical analysis tools. Unlike a basic line chart, every candlestick shows four data points: The opening price, the high, the middle, and the closing price. Since you’ve only scratched the surface of what candlesticks can show, we’re going to dive into the specifics of interpreting your preferred chart. With that

How to Manage the Emotions of Trading

Are you one of those traders who are having a hard time managing your emotions when it comes to trading Forex? Do you feel like you lose all your money when it comes to trading Foreign Exchange? If this is the case, then you should really consider yourself lucky and take note that trading Foreign

Top 10 Candlestick Patterns To Trade the Markets

If you really want to be successful in the stock markets and make money trading them, then you need to learn about the top 10 Candlestick Patterns. These patterns are easy enough to learn and understand, yet they can be a huge help in guiding you into making wise investments. So, what exactly are these

EU Stoxx 50 May Fall Further on European Lockdowns Ahead of ECB

The European Central Bank has put its Stoxx 50 trading system on lock-in as part of its efforts to manage the market during a period of heightened uncertainty. A lock-in occurs when a trading system’s price action no longer changes when the market becomes volatile. The Stoxx trading system was designed by a team at

download metatrader 5

Metatrader 5, also referred to MT5, is a web based automated trading system used extensively by online foreign currency trading speculative traders. It was first developed by MetaQuotes Software and initially released in 2020. The system is now licensed for online foreign currency brokers who offer it to their customers. Metatrader is a system which