Smart Money Concepts (SMC) In Forex: Overview, How To Identify And Indicators

Smart Money Concepts (SMC) In Forex: Overview, How To Identify And Indicators

Smart money is a concept that is no longer strange to traders in all trading markets. It is considered an interesting strategy, and as a retail trader, you should understand this concept well. It not only helps you expand your knowledge but also allows you to apply it to your trading style to develop sharper…

Navigating the Forex Market: Overcoming the Top 5 Challenges Every Trader Faces

Navigating the Forex Market: Overcoming the Top 5 Challenges Every Trader Faces

The harsh truth is that most Forex traders, with statistics showing over 90% losing their money and 80% of day traders failing to survive the first two years. Why? The reason for this high failure rate is due to a flawed perception of the market. Many new traders enter the market with the misconception that…

Order Blocks – A Rare But Valuable Addition To Your Strategy

Order Blocks – A Rare But Valuable Addition To Your Strategy

Order blocks may be a useful tool for traders in identifying market trends and determining effective trading decisions. Table of Contents 1. What Are Order Blocks?​ A trading order block is a large number of assets that are being traded consecutively. Typically, it refers to a single transaction or series of transactions that reflect a…

Trading Strategy: How to Trade Divergence with the Top 3 Technical Indicators

Trading Strategy: How to Trade Divergence with the Top 3 Technical Indicators

One day trading strategy that is very well-liked by forex traders is the use of a technical indicator’s divergence from the movement in a market price. If you spot market price volatility, do you know what technical indicator to use to maximize profits or minimize losses? Below, we’ll look at what a divergence is, which…

4 Best Non-Repainting Indicators for Day Trading

4 Best Non-Repainting Indicators for Day Trading

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…

Harmonic Patterns – Accurate Future Movements Prediction

Harmonic Patterns – Accurate Future Movements Prediction

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…