One of the most important aspects of trading is knowing when to enter and exit a trade, as well as where to place your stop loss and take profit levels. These decisions can have a significant impact on your trading performance and profitability. However, making these decisions […]
Read more →Risk-reward ratio, win rate and expectancy are three of the most important metrics for measuring the performance and profitability of a trading strategy. They can help traders evaluate their trading results, optimize their trading plan and improve their trading skills. However, calculating these metrics manually can be […]
Read more →Forex and stock trading are two of the most popular and profitable forms of trading in the financial markets. They offer traders the opportunity to profit from the fluctuations of currencies and shares of companies. However, forex and stock trading are also very challenging and risky. They […]
Read more →Harmonic patterns are one of the most fascinating and powerful concepts in technical analysis. They are geometric formations that occur in the price movements of financial instruments, such as currencies, stocks, commodities and indices. They are based on the Fibonacci ratios, which are derived from the Fibonacci […]
Read more →Trading is a challenging and rewarding activity that requires a lot of knowledge, skills and experience. It also requires a lot of psychological and emotional factors, such as confidence and consistency. Confidence is the belief in your own abilities and decisions. Consistency is the ability to follow […]
Read more →Harmonic patterns are geometric formations that occur in the price movements of financial instruments. They are based on the Fibonacci ratios and can help traders identify potential reversal points and target levels. Harmonic patterns can also provide clues about the direction and strength of the trend, as […]
Read more →The gold market was bullish on May 8, 2023, as the price of the precious metal rose in various markets around the world. The main factors that supported the rise of gold were the weak US dollar, the rising inflation expectations, and the geopolitical tensions in the […]
Read more →Trading Gold (XAUUSD) on the 1-minute time frame can be a profitable and exciting way to capture the market movements. However, it also requires a good strategy and a reliable EA to execute the trades. In this article, I will share some of the results and insights […]
Read more →Gold prices had a volatile year in 2022, as different factors such as economic recovery, inflation, interest rates, and market uncertainty affected its performance. Gold prices started the year around $1,800 per ounce, but faced some headwinds from rising US bond yields and a stronger US dollar, […]
Read more →The gold price soared to a new all-time high of $2,078.36 per ounce on Thursday, May 4, as investors sought refuge in the safe-haven asset amid rising COVID-19 cases, geopolitical tensions and economic worries. The yellow metal started the week on a bullish note, gapping higher at […]
Read more →