News and articles from the world of RebelsFunding trading
Educational articles, updates, and other interesting content.
A price channel is made by drawing two parallel lines along a chart to connect the highs and lows of a market over a period of time. The line above price action signifies the resistance level and the one below represents the support. This method of chart analysis can guide you to speculate the next price movement in...
FOMO in trading refers to the feeling of anxiety and regret that arises when you think you are missing out on a profitable opportunity in the market or that other traders are doing better than you. It can lead you to make irrational and impulsive trading decisions. In this blog post, we will share five signs...
Before you set your exit points, determine your profit target, risk tolerance, holding period, and possible events that can invalidate your speculation. Let’s discuss the exact questions to ask, and how they can help you reduce trading losses and protect your gain: 1. What is my risk tolerance You should decide how much (the maximum...
Some of the least favourable moments to speculate in the forex market include public holidays, the later hours of Fridays, before/after major news, and when you’re not mentally ready. Let’s explain in detail why each of these moments is not ideal for trading: 1. Just before or after a high impact news High impact news naturally...
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...
