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#7 candlestick formation that every trader must know

Munehisa Homma, a Japanese rice trader of financial instruments, developed candlestick charts in the 18th century. People used it to trade rice. A western author named Steve Nison introduced it to the western world through his book ‘Japanese Candlestick Charting Techniques’. He did deep research on candlesticks before publishing the...

Forex Fundamental Analysis: An Introduction

Introduction to Forex Fundamental Analysis Forex Fundamental analysis is the method of ascertaining the intrinsic value of a currency pair based on economic events like interest rate, gross domestic product(GDP), consumer price index (CPI), producer price index(PPI), nonfarm payroll number(NFP, for the US) and political events. Interest rates in Forex Once...

Types of Forex analysis: Which one should you use?

There are countless ways to analyze the Forex market and make predictions. Among all those ways of analysis, these three types of Forex analysis are the most popular ones: Technical analysisFundamental analysisSentiment analysis Types of Forex analysis We will look into all these three in detail. We will also see...
Bull vs bear

Forex Trading Sessions [Best time to trade]

Forex market never closes. There are three major forex trading sessions and each of them starts during different times of the day. For example, when the New York market is going to end, Sydney market opens its day. The presence of different trading sessions influences the market movement. For example,...

Forex Trading Strategies for beginners

2 Common Forex Trading Strategies When it comes to Forex trading strategies, we need to understand that there are countless ways to trade. Each individual follows a certain trading style which suits him well and he adopts some trading strategies that work for his trading style. Among the countless strategies...