Trend Following: Forex Trading Strategy Explained

Trend following is a trading strategy that aims to capitalize on the upward or downward trends in the market. By identifying and following these trends, traders can potentially increase their profits while minimizing risks. This strategy is grounded in the…

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Day Trading: Forex Trading Strategy Explained

Day trading is a popular forex strategy where traders open and close positions within a single day. This approach aims to capitalize on short-term market movements and avoid the risks associated with overnight positions. What is Day Trading? It involves…

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Pivot Point: Forex Trading Indicator Explained

Pivot point indicator is a popular technical analysis tool used by forex traders to identify potential support and resistance levels. These levels help traders make informed decisions about entry, exit, and stop-loss points. In this article, we will explore the…

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Parabolic SAR: Forex Trading Indicator Explained

The Parabolic SAR (Stop and Reverse) is a popular technical analysis tool used by forex traders to identify potential reversals in the market. Developed by J. Welles Wilder Jr., the Parabolic SAR helps traders determine the direction of an asset’s…

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