Today we will talk about a fairly common pattern in the market - Spike. It was first mentioned by Jack D. Schwager, an experienced trader and a well-known author of financial books. He argued that the reason for education is the psychological aspect of traders’ behavior. Spikes often appear due to panic among market participants or due to simple spontaneity in their actions.
Forex trading What Is Spike in Technical Analysis and How to Trade It
7:09 AM Jul 24, 2020
Forex trading How to Use the Figure "Head and Shoulders" in Trading
6:42 AM Jul 24, 2020
The most accurate signals in technical analysis are given by specific patterns that are formed during the chart movement. Let's talk about probably the most famous of them - Head and shoulders.
Trading Psychology What Everybody Ought To Know About Intuition In Trading
5:35 AM Jun 5, 2020
If you think about it, then your chance to predict the outcome of a trade is 50/50. It turns out that a person with good intuition can earn big money on Forex with no extra effort, right? Unfortunately, lovers of easy profit - it doesn’t work this way. It is quite possible to use intuition in trading, but you need to understand why it happens and how to do it correctly.
Forex trading Here's Why You Enter the Market the Wrong Way
2:43 PM Apr 20, 2020
What do you feel watching how the market price continuously o moves in one direction? This is exciting, right? You experience an irresistible desire to click the button and open a transaction.
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