Liquidity and Trading Sessions: is there a Best Time to Trade? While it is true the foreign exchange (forex or FX for short) market is open 24 hours a day, five days a week, it is not constantly active. Breaking down the currency market into manageable chunks is important. Understanding when liquidity is likely to … Continue reading Liquidity and Trading Sessions: is there a Best Time to Trade?
Trade Bitcoin the Right Way To say recent history has been an emotional roller-coaster for Bitcoin would be an understatement! The market opened 2017 at a price of $966.0 and wrapped up the year at $18,960, carving out a whopping 1861.51% gain. 2018, however, has not been so kind. Deteriorating from its 2017 peak just … Continue reading How to trade bitcoin
Among technical analysts, moving averages (MA) are one of the more commonly used indicators. In the right hands, these tools can be exceedingly powerful! The two most popular moving averages are the simple moving average (SMA) and the exponential moving average (EMA), and therefore, will be the central focus of today’s piece. So, what are … Continue reading Moving averages explained
Despite a perfectly reasonable trading opportunity in the offing, traders frequently find themselves analysing and questioning the setup’s validity, placing them in a position of uncertainty. Overthinking a situation or a decision can lead to a phenomenon called analysis paralysis, often resulting in no decision being made at all. Recognizing analysis paralysis in your trading … Continue reading Combatting the Dreaded Analysis Paralysis
An Italian mathematician who went by the name of Leonardo Pisano, or Leonardo of Pisa, was perhaps the most talented western mathematician of the middle ages. Better known by his nickname ‘Fibonacci’, he was the gentleman who discovered an interesting relationship between nature and numbers. 0, 1, 1, 2, 3, 5, 8, 13, 21, 34… … Continue reading Using Fibonacci levels in your trading