Tag: Forex
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How to master Forex Psychology
Psychology is important in forex trading because it can help traders remain disciplined, manage their emotions, and make rational decisions. Psychological factors can have a major impact on trading performance, and understanding how to manage these factors can help traders achieve better results. Psychological skills can help traders stay focused and disciplined, manage stress, and…
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Importance of forex Psychology
Forex psychology is an important concept in the trading world, as it can help traders understand their own emotions and make better decisions. Forex trading is a highly psychological activity, and understanding one’s own psychology can give traders a better chance of success. Forex psychology is important because it can help traders control their emotions…
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How does forex trading works
Forex trading is an increasingly popular form of investment. It is a decentralized global market where all the world’s currencies trade. The forex market is the largest and most liquid market in the world, with an average daily trading volume of more than $5 trillion. Forex trading works by simultaneously buying one currency and selling…
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FOREX TRADING: Bullish Harami Candlestick
Bullish Harami is a series of candlestick charts formed after a bearish trend that indicates a bullish reversal. It has two charts, the first candle is a large bearish candle and the second is a small bullish candle that should be in the area of the first candle. The first bearish candle indicates a continuation…
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FOREX TRADING: Bullish Engulfing
Bullish engulfing is a multiple candlestick chart pattern formed after a bearish trend that indicates a bullish reversal. It consists of two candlesticks, with the second candlestick covering the first candlestick. The first candle is a bearish candle that indicates the continuation of the downtrend. The second candle is a long bullish candle that completely…
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FOREX TRADING: Hammer Candlestick
A hammer is a candlestick pattern that forms at the end of a downtrend and indicates a high reversal. The actual body of this candle is small and above and below the shade, which should be more than double the actual value. This lamp painting pattern has no high or low. The psychology behind a…
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FOREX TRADING: Tweezer Bottom candlestick
The Tweezer Bottom candle model is a candle changer constructed at the bottom end. It has two candlesticks, the first is bearish and the second is bullish. The two candles form almost the same floor. When creating a tweezer bottom candlestick pattern, the first trend is a downtrend. A bearish tweezers candle is forming that…
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How to Choose the Right Forex Trading Platform!
Getting involved in forex trading can be life-changing for the best financial performance. The Forex trading strategy is used by the trader to determine the amount of money one can make from forex trading. But what is a forex trading platform? This is software that acts as a link between the seller and the buyer…
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Forex Trading – Why We Do It
Like all other financial options, forex trading has a purpose. Why are we doing it? Let’s get the answers to these questions. Like any other business option, the goal of forex trading is to make a profit. People invest in different foreign currencies and make profits. However, this is not as easy as it seems.…
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How to Read Japanese Candlestick Charts Correctly
In this video Trading, 212 explains how to use Japanese candlestick charts. You can easily learn the kind of signals a candlestick chart provides. Trading 212 gives you the main patterns to help you spot the trends in the currency market. This video should not be construed as investment advice. Investments can fall and rise.…
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