On a price chart, supply and demand zones show areas where an asset’s price has met strong resistance or support. These zones might help traders forecast where an asset’s price is likely to change direction. Table of Contents 1. What are Supply and Demand? Supply and Demand are two of the most important economic concepts….
Even while it may be difficult to find excellent, devoted trading mentors in today’s market, there are a large number of other forex traders that are more than eager to share advice/trading tips with you and assist you in becoming a more successful trader. Let’s take a look at 4 trading tips that are often…
There are numerous trading styles available on the market for traders to apply and select the best ones. But before embarking on any kind of experience, you need to learn about it first. This article will summarize the most basic information about scalping – one of the most popular trading styles. Table of Contents 1….
Forex traders increasingly choose non-repainting indicators over in-depth analyses when tracking potential price movements in the future for day trading. This development makes picking the best non-repainting Forex indicator for day trading difficult. Not to worry. We are here to help you decide which non-repainting indicator is optimal for forex trading. This article attempts to…
There is no “Holy Grail” indication that will guarantee profits in the forex market, as most technical analysis classes would tell you. That is not to say you should abandon your hunt for the “best” technical indicator that works for you. Remember that you may always combine indicators or change their settings to create a…
With over 10 years of experience and the development of 97 indicators for both MT4 and TradingView platforms, we have received a lot of questions from our beloved customers. You know, one of the most frequently asked questions is “Is it a repainting indicator?” The use of indicators is certainly not strange, even every trader…
Harmonic patterns can help traders find unique opportunities, like price movements and key turning or trend reversal points. Harmonic is a precise trading strategy, but mastery of these patterns takes time, effort, and study. Table of Contents 1. What are harmonic patterns? Harmonic patterns are geometric price patterns that utilize Fibonacci numbers to predict future…
The goal of forex day trading, a short-term strategy, is to buy and sell currency pairs during the same trading day. Instead of keeping overnight positions, traders usually execute a number of forex trades every day and close them out at the close of trading. Day traders often seek for extremely liquid and volatile currency…
It seems so easy to trade. Since prices can only go up or down, traders just have to pick the right direction and wait for the money to come in, right? Well, that is not always the case. Let’s explore every nook and cranny of the common mistakes traders do with Indicator Vault! 1. Is…
Technical analysts rely on candlestick charts and candlestick patterns to help them time their trades and see how investors’ emotions affect the price of a security. Based on a method established in Japan in the 1700s for monitoring rice prices, candlestick charting is a popular method of displaying market data. Table of Contents 1. What is a…
