A 15-minute close price chart provides a balanced view of price movements, making it an excellent tool for identifying entry points in trading. This timeframe reduces the noise and false signals...
Posts by Fxigor
Traders often use 5-minute chart candles for short-term trading strategies like day trading and scalping, as they offer a closer look at price movements and trends within a trading day. This time...
The 1-hour chart is a favorite among traders because it balances the immediacy of intraday trading with the broader perspective of swing trading. It allows traders to capture short-term trends and...
The Financial Times casts a stark light on the U.S. fiscal forecast, reporting that the Congressional Budget Office projects the national debt to hit 99% of GDP by year's end and spiral to 172% by...
EURCHF is a rarely traded currency pair because many traders experience slow price movements. However, mean reversion strategies can be applied to this currency pair, which can be interesting for...
High liquidity in the forex market indicates the presence of buyers and sellers, enabling rapid and stable transaction execution. The depth of the market in forex trading suggests that participants...