Posts by Fxigor

Price levels play a pivotal role in influencing decision-making among investors. Certain price levels, such as previous highs or lows, become significant because they serve as benchmarks to which the...

In trading, supply and demand principles dictate the equilibrium price of an asset, with supply referring to the amount available and demand representing the desire to purchase. Shifts in these...

Understanding market dynamics, such as supply and demand, is essential for predicting price movements. The concept of supply and demand zones is rooted in the basic economic principle that when an...

Data heavily informs trading decisions, with charts as crucial visualization tools for traders. Comparing charts across different assets or time frames offers a multifaceted view of market dynamics,...

Volume in trading represents the number of shares, contracts, or lots traded in a security or an entire market during a given period. It measures the strength and interest in a particular price move;...

Unlike other financial markets, the forex market is different as it is traded in pairs. It is mandatory to trade in pairs for forex; it also simultaneously provides you with exposure to two...