News and articles from the world of RebelsFunding trading
Educational articles, updates, and other interesting content.
To draw trendlines, identify a clear trend and connect at least two swing highs or lows with a diagonal line, ensuring it aligns naturally with candle wicks without cutting through bodies. For reliability, look for three or more touch points and confirm the trend across multiple timeframes. Here are the detailed steps to follow for drawing trendlines...
Swing trading seeks to profit from market “waves” by entering trades at key support and resistance levels. This approach works by examining technical indicators, chart patterns, traders’ sentiment and fundamental trends to spot prospective entry and exit points. The most popular methods are reversal, retracement, breakout, and breakdown trading. Its advantages include fewer trading (compared...
Consuming too much information for forex market prediction often results in issues like analysis paralysis, emotional burnout, confusion and weak decision-making ability. Let’s take a closer look at how constantly feeding on unchecked influx of news, limitless opinions, and overwhelming number of indicators can cloud your speculative accuracy and limit growth: Market Analysis Paralysis When you...
Climate change can influence currency value and volatility. It can alter trade dynamics, prompt adjustments in investor sentiment, affect central bank/gov’t policies and more. Here’s a closer look at how extreme weather, natural disasters, and impromptu environmental policies can impact forex trading: 1. Climate shifts can cause economic disruptions & currency fluctuations Environmental crises like hurricanes,...
To prevent false signals in forex, avoid trading during high impact news, combine indicators meaningfully, study multiple timeframes, use volume analysis, backtest, and adopt a strong risk management system. Let’s examine how each point can help improve your trade accuracy: 1. Avoid speculation during high impact news releases Economic events can trigger extreme volatility. This can...
