I am sure you’ve probably heard about price action trading. It’s not the name of an American action movie 🙂 You will read price action on every financial website and media when they refer to the movement of any stock of Forex cross pair. Price action is the movement of the underlying stock price plotted...
The outcome of the US presidential election 2020 is on a knife edge, with Donald Trump and his rival Joe Biden neck and neck in key swing states. As a Forex or Stock trader, you will probably be scared by the high volatility of the markets during the elections. As a supply and demand trader,...
It never ceases to amaze me how powerful bigger timeframe imbalances are and how prices can react to them no matter how old these imbalances are. There is a clear example of a strong supply imbalance on the British Pound versus the New Zealand Dollar (GBPNZD) Forex cross-pair. A very strong monthly supply imbalance created...
Trading currency in the foreign exchange market (Forex) is fairly easy today with three types of accounts designed for retail investors: standard lot, mini lots and micro-lots. Beginners trying to succeed in the financial markets can get started with a micro account for as little as $50; some brokers provide a very high leverage, up...