Support and Resistance is a powerful tool in technical analysis often sounding complex to those who just start to see the breeze of Forex trading. But it’s not in reality? Experienced traders will narrate their feelings after years of trading…
Continue ReadingYo Sen Candlesticks The Yo Sen candlestick is a single coloured candlestick consisting of a full body and a short non-existent shadow. This candlestick signals a buying opportunity . The longer the body the more bullish the market becomes. In…
Continue ReadingBullish Engulfing A reversal pattern that produces a bullish signal when a bearish candlestick is followed by a larger bullish candlestick. It should be ignored if the combination of the two candlesticks does not occur after a downtrend. The shorter…
Continue ReadingWhat is a Japanese Candlestick? The Japanese used technical analysis to trade rice futures back in 1600. Munehisa Homma, one of the Japanese traders who used to trade futures in 1700s, discovered that despite the link between supply and demand…
Continue ReadingWhat you will learn: Lot definition Different Lot sizes explained USD and EUR practical illustrations The correlation between margin and leverage Understanding the intrigues in Margin Call calculation What is a Lot Size in Forex? In Forex trading, a standard…
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