Forex divergence: How to trade bullish and bearish divergences in forex
Anyone who caught this particular divergence play was richly rewarded with almost immediate profit gratification. Below, we will explain the method I used to trade it. Below is an example of bearish divergence on the EUR/USD currency pair. In theory, prices and indicators are supposed to go in the same ... Read More
Forex deposit bonus: Forex Deposit Bonus Updated List 2023
Forex Bonuses — from deposit bonuses to draws and contests — are becoming an essential part of Forex Brokers’ success in the fast paced competitive environment. With thousands of Forex Brokers competing worldwide to claim the title of the “Best Forex Broker”, Forex bonuses are helping to stand out & ... Read More
Forex correlation: Forex Correlation
While this formula looks complicated, the general concept is that it is taking data points from two pairs, x and y, and then comparing them to average readings within these pairs. The top part of the equation is the covariance and the bottom part is the standard deviation. Correlation is ... Read More
Forex candlestick patterns: Japanese candlestick patterns cheat sheet
Discover the range of markets and learn how they work – with IG Academy’s online course. The hanging man is the bearish equivalent of a hammer; it has the same shape but forms at the end of an uptrend. It isn’t hard to see why – with both patterns, the ... Read More
Forex basics: What is Forex? The Basics Of Forex Trading
A trader can buy or sell currencies in the forwardor swap markets in advance, which locks in an exchange rate. In Forex, the exchange rates of the different currencies are always traded and quoted as pairs. During this transaction, the money you used to buy the product, which is in ... Read More
