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...
Category: Technical analysis
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...
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...
The Sydney session in forex trading refers to when the Australian forex market becomes active, often overlapping with the Tokyo session. Given that Australia and New Zealand are geographically close...
Expert Advisors (EAs) have become a staple in algorithmic trading. These automated systems, often designed for the MetaTrader platform, are programmed to execute trades on your behalf using...
