Every trader wants to trade a well-funded trading account, but very few of get to do that. Most of the traders will stuck with trading relatively small accounts or those that are just covering the required margin. Strict risk and money management is require to trade small accounts, because there is no buffer against mistakes […]
Not all support and resistance level can have the same kind of situation. Few are essential to know about the breakouts, while the other are important to know the reversal trends. In this article let’s see about what are support and resistance levels in Forex, which is the most trustable and easiest to implement in […]
The three white soldiers candlestick is a multi-candlestick pattern that is used to analyze stock, currency, commodity, and other chart data. This candlestick pattern is also referred to as the Three Advancing White Soldiers. It is used to forecast the change from a downtrend to an uptrend. After a protracted downtrend, this candlestick pattern develops […]
Traders can make money trading Forex. Excellent traders can earn between 20 – 50% annually by trading Forex. Earning depends on trading expectancy, position size, and consistency. If an excellent manages $100,000, the maximum allowed drawdown is 5%, he can earn $20,000 annually. Thus, in this article let’s see about how much money can you […]
A group of traders from all over the world have long been drawn to butterfly harmonic patterns. To gain a competitive edge in the market, it is crucial to learn them. The two types of harmonic patterns are as follows. External is the first type, and internal is the second. Butterfly and crab patterns are […]
Many factors influence the Forex market so win Forex every time is impossible, and it is also impossible to build a precise model. There is no perfect trading system or strategy that can bring fortune or perfect high sharp ratio, excellent profit factor, or incredible winning rate. Forex traders would like to purchase a particular […]