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Trading With Three Time Frames
Trading with three-time frames gives us the most flexibility to catch the short, medium and long-term trends. Therefore we prefer using three time frames. We believed that this gives us the most flexibility, as we can decipher the long, medium, and short-term trends.
Middle School 2022-03-03
How to Trade the Majors with Currency Crosses
Even if you never wish to trade currency crosses and prefer to stick to the majors, you can use crosses to aid in your forex trading selections. Currency crosses can reveal information about each major currency pair's relative strength.
Middle School 2022-03-02
How to Trade Currency Crosses With Fundamentals
Let's imagine you've done some research and checked the BabyPips.com economic calendar (shameless promotion! ), and you've discovered that the Japanese economy isn't doing so well at the moment.
Middle School 2022-03-01
Trade Interest Rate Difference
By selling a currency with a lower interest rate compared to a currency with a higher interest rate, you can profit from the higher price as well as the interest rate difference (also known as the carry trade).
Middle School 2022-03-01
What is a Currency Cross Pair?
The U.S. dollar was known as a "vehicle cash" since the money was utilized as the mode of trade for worldwide exchanges. For instance, to change their U.K. sterling into Japanese yen, they would initially need to change over their sterling into U.S. dollars, and afterward convert these dollars into yen.
Middle School 2022-03-01
Is this a trend retracement or a trend reversal?
Nobody wants to be smacked by the "Smooth Retracement," yet it does happen from time to time.
Middle School 2022-02-22
Divergences are NOT a Trade Signal
As a trader, bear in your mind that we use divergence as an indicator, not as a signal to enter a trade, and there are too much false signals from the divergences so depending ok divergences only to trade would not be smart.
Middle School 2022-02-22
Divergence Cheat Sheet
Divergence is a well-known concept in technical analysis that describes when the price is moving in the opposite direction of a technical indicator. Note that divergence is not a trading signal but rather an indicator.
Middle School 2022-02-22
When trading divergences, how to avoid entering too early
While divergences are an excellent tool to have in your trading toolbox, there are situations when you may enter too soon since you did not wait for more confirmation.
Middle School 2022-02-21
What Is The Best Way To Trade Divergences?
What Is a Regular Divergence and How Do I Trade It?
Middle School 2022-02-18
Divergence in the Shadows
Divergences can be used to indicate a probable trend reversal as well as a possible continuance of the trend (price continues to move in its current direction).
Middle School 2022-02-18
Divergence on a regular basis
A regular divergence can be seen as a hint of a trend reversal. Bullish and bearish regular divergences are the two forms of regular divergences.
Middle School 2022-02-18
Divergences in Trading
What if you were already in a long position and knew exactly when to quit, rather than watching your unrealized gains, such as a potential Aston Martin down payment or a pair of Christian Louboutin high heels, vanish before your eyes because your trade reversed direction?
Middle School 2022-02-18
Elliott Wave Theory in Summary
Fractals are fractals, and Elliott Waves are fractals. Each wave can be divided into pieces, each of which is a near-identical duplicate of the whole. This trait is referred to as "self-similarity" by mathematicians.
Middle School 2022-02-17
3 Cardinal Rules of Elliott Wave Theory
When it comes to wave labeling, there are THREE cardinal "cannot-be-broken" laws. So, before you start using Elliott Wave Theory in your trading, you should familiarize yourself with the following guidelines. Failure to accurately categorize waves could lead to a devastating consequences on your balance.
Middle School 2022-02-17
Ethereum Drops below $2,900, ETHs Network Activity Declines
After a price recovery of approximately 40% between 24 January and 10 February, Ethereum witnessed extreme selling pressure again over the weekend. The crypto asset touched a low of $2,840 on Monday, the lowest level since 4 February.
Middle School 2022-02-14