Most traders will tell you “the trend is your friend” and for good reason. When trading on shorter timelines, fundamental data like earnings and margins generally matter less than they do for ...
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 ...
Pinpointing the right moment to apply your trading strategy is critical to forex trading. Trends help you accurately read the market's directional movements so you can jump on a trade at the right ...
Several trend indicators suggest last week’s market decline is noise rather than a market reversal. Monitoring several facets ...
A number of quirky indicators have popped up during the year. Some investors believe January’s performance will dictate the market’s performance for the rest of the year. Others believe the outcome of ...