2023 is a challenging year for FX traders, but on the other hand, this is the best time to become an investor. Competition among the best online brokers in the Philippines, South Africa, and other Forex traders' countries is very high. It means commissions charged by brokerage services are coming down while their services improve daily. That's why selecting the best broker in your country can be difficult. So how to choose the best one among all the types of brokers?
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For beginners
Things to Consider While Selecting the Best FX Broker
10:43 PG
02/12/2020
8148
Forex trading
Low-Risk Symmetrical Triangle Trading Strategy
3:42 PG
25/09/2020
11911
A symmetrical triangle is quite a popular neutral pattern. However, the breakout is more decisive toward the overall trend. A triangle usually shows that the market is undecided about the price. Two more signals are the higher lows and the lower highs, which tell us that the market seems listless. A symmetrical Forex triangle usually has no difference if you compare it with trading in any other market.
Forex trading
Guide on Trading Ascending and Descending Triangle Patterns
2:53 PTG
24/09/2020
11148
When the market situation becomes uncertain the charts often form different types of Triangle figures. This is one of the most common patterns in Forex. Therefore, you should understand the peculiarities of triangle trading in Forex, as this pattern is widespread and often found not only in the currency market but also in crypto and other markets. Once you learn how to spot triangles on charts you’ll get a whole variety of additional trading opportunities. Many traders have their own opinions on trading triangles, so let's find out what will suit your trading style based on a descending and ascending triangle.
Forex trading
How to Identify and Trade the Rectangle Pattern
5:32 PG
21/08/2020
10126
A rectangle pattern is a continuation pattern that forms a trading range during periods after high market volatility. Buying at the support and selling at the resistance is the primary strategy that may bring good profit. This post will take a closer look at the rectangle chart pattern strategy. We will also discuss what the rectangle is and how to identify it.
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