Forex trading can be pretty overwhelming, especially for newbies. That’s why indicators were developed and are used for technical analysis in the market. There are thousands of indicators but using ...

Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...

The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...

What Is a Forex Market Sentiment Indicator? According to a 2022 triennial report by the Bank for International Settlements (BIS), there are, on average, $7.5 trillion of forex transactions on a daily ...

Forex trading patterns answer specific conditions. Do not try overly hard to identify a pattern, the good ones will jump out at you. Are chart patterns always right? No. There is nothing 100% correct ...

A bearish engulfing pattern is a candlestick pattern that, like a its bullish counterpart, will appear frequently in any market. It is a bearish indicator and is particularly helpful when trying to ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Gordon Scott has been an active investor and technical analyst or ...

Bill Williams, the trader who developed the alligator indicator, believed that markets only follow a trend 15% to 30% of the time. Let’s explore the alligator indicator and see how it’s used to ...

When is the best time to enter a forex trade? The best time to enter a forex trade depends on the strategy and style of trading. There are several different approaches and the three discussed below ...