The Pattern Pulse - 18 April 2024
- Popular Posts, Recent Posts, Technical Analysis, Trading Knowledge, Trending Now
- April 18, 2024
Reading time: 8 minutes According to reports, we spend more than 2 hours a day engaging with social media platforms and messaging apps. In 2020, over 3.6 billion people used social media worldwide, a number projected to increase by almost 4.41 billion in 2025. For many of us, social media is an integral part
READ MOREReading time: 8 minutes According to the Forex Peace Army website, recognised for extensive Forex broker reviews since 2005, approximately 1,600 brokers exist. This—on top of long-winded jargon and unclear statistics—can make hunting for the right Forex broker challenging, not to mention time consuming. To help navigate the ever-changing brokerage landscape, the research team
READ MOREReading time: 7 minutes In mid-October 2019, the IMF forecasted 3.4 percent global growth in 2020 from 3.0 percent in 2019. Prior to COVID-19, global economic growth was humming along at a respectable pace. As a result, financial markets were largely vibrant for most of 2019. A number of commodity markets in particular outperformed benchmark
READ MOREReading time: 7 minutes The Forex market is made up of several commercial banks, hedge funds, proprietary trading firms and individual traders. Its fragmented nature operates through electronic platforms on a twenty-four-hour basis, five days a week. Absent of a primary exchange and clearing house, measuring real-time foreign exchange volume is impossible. Unlike other financial
READ MOREReading time: 7 minutes Gone are the days where traders focused on one financial market. Retail investors trading Forex on the MetaTrader 4 (MT4) platform often monitor and trade other financial instruments, including the cryptocurrency market in the form of cryptocurrency CFDs (contracts for difference). CFDs are a derivatives product that’s readily accessible on the
READ MOREReading time: 8 minutes Although fiat currencies claim centre stage in the financial markets, the cryptocurrencies bandwagon has been calling. A cryptocurrency is a digital asset, a virtual currency liquid enough to function as money. According to CoinMarketCap at the time of writing, the total cryptocurrency market capitalisation (market cap) stands at an eye popping 730
READ MOREReading time: 8 minutes The speed at which technology is developing continues to grow, with many traders eager to embrace it. However, technology remains a mystery for large numbers of traders, and can be particularly confusing when it comes to installing external technical indicators on MetaTrader platforms. This tutorial, however, should help simplify things. MetaQuotes
READ MOREReading time: 7 minutes A career in foreign exchange trading (often referred to as currency trading or Forex trading) is an exciting prospect, though is often difficult to know where to begin. With 2021 just around the corner, FP Market’s research team have joined forces and listed some of the must-have Forex trading tools. Divided
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