Forex technical analysis
Automated forex trading platforms are a great way to make a lot of money in the forex market, but they’re not perfect and won’t guarantee an endless streak of successful trades. In order to avoid serious losses, it is important to choose a trading platform carefully and keep a checklist of features and customer support…
There are two basic types of bullish candlestick: the bullish and bearish. A bullish candlestick will be green while a bearish candlestick will be red. These two types of candles will be different in height, and the height of one will indicate which side is winning the trading session. When the bullish candlestick is green,…
A foreign exchange (“forex”) trader in Nigeria needs to see data that isn’t available on standard price charts. They use technical analysis tools to gain additional insight, and while references to these tools may appear to the uninitiated as gibberish, they are easy to understand once explained. They typically use statistics, chart overlays, and technical…
If you are a Nigerian looking to learn more about Ichimoku Charts, this article will help. Today, you will learn about Ichimoku Charts Indicators, the major components of Ichimoku Charts, and how to use them in forex trading in Nigeria. You will also learn how to read Ichimoku charts. Getting to know the Ichimoku Charts…
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A Guide to Making Sniper Entries Talking about forex strategies in making potential profits requires knowledge about trading patterns. There are various types of trading patterns used in forex. As you become skilled in the financial markets, you start to understand charts at the first glance. In Nigeria, there are lots of forex traders and…
Forex candlestick patterns are a type of charting analysis that forex traders in Nigeria use to spot potential trading opportunities. This is based on price data and trends from the past. Forex candlestick patterns, when combined with other forms of technical and fundamental analysis, can provide valuable insight into potential trend reversals, breakouts, and continuations…
