The Pattern Pulse—21 March 2024
- Popular Posts, Recent Posts, Technical Analysis, Trading Knowledge, Trending Now
- March 21, 2024
Chart patterns are an essential part of price action analysis in fx trading. They are used to identify potential entry and exit levels in all types of forex pairs. This article will explore some of the most important trading chart patterns that traders need to know. Types of trading chart patterns Broadly, there are two
READ MOREReading time: 11 minutes The crypto investments market can be complex, especially for beginners. For example, terms can take on different meanings depending on the context in which they are used, consequently increasing confusion. Advanced traders are also encouraged to keep abreast with the latest technology as new programs are continually developed (forewarned is forearmed).
READ MORERead Time: 7 Minutes Contract For Differences (CFDs) are among the most popular and innovative investment markets; it’s a flexible alternative to traditional trading and investing. Primarily, CFDs are financial derivative products that let CFD traders (day traders—short-term day trading as one example) capitalise and profit from price movements between the opening and closing prices
READ MOREForex trading involves buying and selling currency pairs with the goal of making a profit on the price differences. Therefore, knowing how to estimate the potential profit and loss of a trade is an important part of trading. Unlike other assets, like stocks and exchange-traded funds (ETFs), profit estimation in forex is relatively difficult. In
READ MORERead time: 7 Minutes A trading strategy used for short-term or medium-term periods of time (time frame) and aims to generate profits from price fluctuations is generally classified as swing trading, derived from the price swing from one value to another. How traders and investors engage with the stock markets is unique to an individual’s
READ MOREReading Time: 7 Minutes You can inherit digital currency (bitcoin, Ethereum, or Binance coin, for example). If a family member or friend has invested in cryptocurrency, they can legally leave it to you. Although cryptocurrency is a relatively new digital asset class, it’s still considered an ‘asset’. Therefore, it can be lawfully transferred to another
READ MOREReading time: 8 minutes The FX market—often referred to as the foreign exchange market—operates within four distinct trading sessions, 24 hours a day five days a week. The Forex market opens at 10 pm GMT on Sunday and closes at 9 pm GMT on Friday. Note that the FX market is closed on weekends. Trading
READ MOREReading time: 7 Minutes The foreign exchange market (Forex market) is one of the most accessible financial markets globally. Forex traders can start currency trading with an initial investment of as low as 100 AUD or equivalent with FP Markets. However, the amount of money you start with can determine your success and ultimately influence
READ MOREReading time: 7 minutes The Foreign Exchange Market (or ‘’Forex market’’) is the largest trading market globally with many countries permitting currency trading. However, some countries refuse the transactions of trading foreign currencies. These countries either have implemented rules that restrict trading currencies or have banned them outright. The good news is Australia is not
READ MORE