Introduction Scalping is a very popular trading style because it allows obtaining multiple profits with short term trades and can be used in practically any asset and financial instrument. Likewise, it does not require a deep knowledge of fundamental analysis (although it is always convenient to take these events into account) or technical analysis. In [...]
The Forex broker FBS, a regulated online forex and CFD broker, is offering a new promotion for all its clients in 2021 consisting of a free bonus of $140. This promotion, called LEVEL UP BONUS, does not require the trader to make a prior deposit and allows all the company's clients, new and existing, to [...]
In this article we are going to present a technical indicator designed for the Metatrader 4 platform which displays the QQE (Quantitative Qualitative Estimation) indicator below the price chart of any trading instrument that we are analyzing, be it a currency pair, a precious metal, an index or a stock. At the end of this [...]
Source: Reuters Investors request amendment in SEC case against Ripple. They say that US exchanges are set to suspend XRP trading, which is going to hurt them economically. A group of investors in the cryptocurrency XRP filed a petition in the Rhode Island District Court, requesting a mandamus order or injunction against the [...]
Calculating the mathematical expectation of a trading system is one of the first things that should be done to know if the system is capable of making money in the long term. Having a positive mathematical expectation is an indispensable condition that any moderately reliable system must meet. The mathematical expectation measures the amount that [...]
When you design a trading system, or you are looking to buy an automatic robot on the market, you must make decisions according to your preferences. The first thing you should ask yourself is: what am I looking for? It is clear that you are looking to earn a lot of money, yes… this is [...]
Have you ever noticed that when a certain currency pair rises, another currency pair falls? Or that sometimes when one pair falls, another pair seems to copy its movement and falls too. If the answer is yes, you have witnessed an example of a Forex currency correlation. What is currency correlation? In the financial world, [...]
Definition and identification The candlestick formation Bullish Harami Cross is a trend reversal pattern that occurs in bearish markets, and indicates that there is a probability that a change from bearish to bullish trend will occurs. This pattern has a moderate reliability and can be identified as follows: First a long candle is produced, which can be [...]
In this article we are going to focus on the topic of trend continuation price patterns. We will cover many topics related to technical analysis such as basic concepts, description of trend continuation formations, and tips on how to trade once the trend continuation pattern is found. In this way, we hope to answer the [...]
Binance coin (BNB) fell over 13% compared to bitcoin. Only Chainlink (LINK) performed close to that of bitcoin last week. The upward momentum that the bitcoin (BTC) price has experienced recently has spread, as it usually happens, to the rest of the cryptocurrencies in the market. However, while the major altcoins have risen in value [...]