In the previous article, we’ve learned about the concept of correlation. It's time to apply it in trading. You don't need any special skills for this. Once you understand how correlation works, you can put your knowledge into practice, even as a novice trader.
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How Long do Traders Hold Their Positions?
6:58 AM
Dec 3, 2020
7531
One of the most challenging things in Forex trading is understanding when it's time to close your position. Many traders can not close the position when it keeps rising, but at the same time, they are waiting for the chart to turn around when they lose money during a trade. So timing is everything, and you do not have to overhold positions, as it usually decreases your profits. There are four common types of traders: scalpers, day traders, swing traders, and long-term traders. So let's take a closer look at each type of trading.
Spike pattern and it's structure in Forex trading
7:09 AM
Jul 24, 2020
20657
This article will inform you about Spike Candle. We'll discuss what is a Spike in Forex, its structure, and various types of Spike is. So keep reading if you want to use this model as a professional trader.
How to trade the “Head and Shoulders” pattern
6:42 AM
Jul 24, 2020
11339
This article will teach you how to use the Head and Shoulders pattern for Forex trading. We will also discuss inverted Head and shoulders, which may be helpful while you are trading currencies using any timeframe.
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