Chart patterns are utilized by traders to simplify trade inputs. They are price action patterns on the chart that have more than average probability of movement in a specific direction. So, which amongst them occur most frequently and are well worth knowing about? There is a nauseating number of ways in which one can trade currencies, which is why there are some common ways … [Read more...] about Chart Pattern
Forex Glossary
Exposure
Risk is a fundamental aspect of forex. It comes about simply through exposure to the market. Exposure means the exposure or risk of an investor to a specific currency in the forex market. In this article, we discuss what exposure means to traders and what some of its types are that one should know about so that one can effectively minimize it. What is … [Read more...] about Exposure
Trading Styles
The trading strategies differ depending on the holding time. Choosing the ideal system is challenging for fresh traders, making it vital for sustainable profitability. You should know that there is no one-size-fits-all strategy to get the best out of your experience. Overview of trading styles Selecting the perfect style of trading will help you scale your profits while … [Read more...] about Trading Styles
Reward-to-Risk Ratio
Forex trade comes with its own set of risks and rewards and a trader should expect to take a few losses with a few wins. But, certain indicators allow one to assess the risk and judge whether or not it is wise to trade. In this article, we take a look at the reward-to-risk ratio and see how traders can make sense of it. What is the Risk-to-Reward Ratio? The … [Read more...] about Reward-to-Risk Ratio
Uptick
Upticks happen during a surge in the rate of a commodity concerning its earlier exchange or last tick. A financial instrument is considered to be on an uptick if the current rate is higher by a minimum of 1 cent than the preceding rate. The increase in the value of 1 cent is termed as tick size. Interpretation A stock is said to be on an uptick only if a … [Read more...] about Uptick