Category: Forex Trading

Bearish patterns are more significant when they appear after an uptrend, suggesting a potential reversal. The values on the x-axis can be any variable, such as earnings per share (EPS), revenue, cash flow etc. This kind of…

It should be noted that this fee can be avoided altogether by spending the card’s balance down to zero before closing. Although you don’t have a special section where you can simply click on a button and…

The current account balance is a crucial indicator of a country’s economic health. A current account surplus can indicate that a country is producing goods and services competitively, which can attract foreign investment and support long-term economic…

The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to…

Automated trading on MetaTrader 5 (MT5) is performed using the MQL (MetaQuotes Language) programming language. With MQL, traders can write and execute their own custom trading algorithms and automated strategies, known as Expert Advisors (EAs). EAs allow…

If the cost of production rises, corporations will reduce their product supply in order to save money. For example, availability of cheap labor and raw material nearby the manufacturing plant of an organization would help in reducing…

Another is the availability of great tasting options, many of them from familiar brands. Alcohol blocks the absorption of folate and inactivates folate in the blood and tissues. It’s possible that this interaction may be how alcohol…

While the cash requirements for this trade are minimal, the profit is also capped at $10 per share minus the $1.50 you are out for the calls, which equals $8.50 per share. With a call spread, you…

To understand why there is a “bid” and an “ask,” one must factor in the two major players in any market transaction, namely the price taker (trader) and the market maker (counterparty). Various external factors can also…

🎲 Introducing our most comprehensive automatic chart pattern recognition indicator. Last week, we published an idea on how to algorithmically identify and classify chart patterns. This indicator is nothing but the initial implementation of the idea. When…