The modern marketplace is a dynamic, ever-changing environment. Traders practicing fundamental and technical analysis meet every business day with a single goal in mind: to make money! At this point, you may be asking, “What is technical analysis?” Well, here’s a working technical analysis definition: Technical analysis is the study of an asset’s past and… Read more.
What Is Deviation in Forex?
In terms of capitalization, the world’s largest market is the forex. With more than $5 trillion in daily traded volumes, the forex market offers participants a high degree of efficiency due to its robust depth and liquidity. For many traders, the forex is a premier avenue for the pursuit of almost any financial goal. Forex… Read more.
The Bullish Hammer: Would You Know It If You Saw It?
Bullish Hammers, as the name suggests, is a signal on a chart that alerts you to be on the lookout for a market that is setting up to reverse and trade higher! I’ve highlighted in yellow this exciting candlestick set up in the chart below.