Before you can begin using range strategies in your trading, you must learn the basics of technical indicators and time frames. In addition, you should understand what breakouts are. This is because they help you identify potential targets in the market. However, the downside to range trading is that you will not get clear market…
Month: September 2022
All About Investing in Cryptocurrencies
Cryptocurrencies are a popular way to invest in the financial world. You may have heard of Ethereum, Dogecoin, Cardano, XRP, and Solana. But before you buy these coins, you should know the risks and rewards involved. Remember, these unbacked investments could be worthless one day. You must think about future gains and losses, and what…
The Disposition Effect in Trading
A good financial performance requires good decision-making. An adroit investor would cut assets that are losing money and keep winning ones. However, if the disposition effect is a factor, you may end up with more losses than gains. This is why the best way to avoid the disposition effect is to have a comprehensive view…
How to Use the Andrews Pitchfork in Trading?
Andrews’ Pitchfork is an indicator that reacts quickly when the price touches the lines on its chart. To use this tool, you must first choose your reference points: Low-High-Low, for a bearish trend, or High-Low-High, for a bullish trend. Then, based on these points, you will insert the Andrews Pitchfork on your chart. This indicator…
How to Explore Non-Farm Payrolls in Trading Binary Options?
If you’re looking for a way to trade non-farm payrolls, you’ve come to the right place. You’ll find several methods to make money after the report. For example, you can wait for an inside bar to form after the NFP report is released, or you can look for the reaction of the markets to the…
Opening Range Breakout Trading Strategy
If you are looking to trade the opening range breakout, then you have come to the right place. In this info, you will learn how to identify false and strong breakouts, as well as how to manage your trading strategy with an opening range breakout. Hopefully, these tips will help you to make more money…