The gravestone doji candlestick pattern is a three-candle pattern. Gravestone doji is used by traders for technical analysis. Gravestone Doji is a candlestick. pattern examined when the opening and closing values of the asset are equal, which occurs at the end of the day. A gravestone doji candlestick pattern can signal to take profits on a…
A bearish harami is a two-bar Japanese candlestick pattern that suggests prices may soon reverse to thedownside. The pattern consists of a long white candle followed by a small candle. The second candle’s opening and closing consist of the body of the first candle. The word “bearish” is derived from how bears fight their enemies,…
Trading can be tricky, but understanding the Bullish Harami candlestick pattern doesn’t have to be. Imagine it like a pregnant lady on your chart: the first candle is big and red, showing a downtrend, and the second is a small green one, nestled inside. It suggests that the bears might be taking a back seat,…
Have you ever wondered how people make money by trading currencies? Well, you’re about to find out. In this simple guide, we’ll show you the ropes of trading forex on Webull, and we’ll keep things as easy as a breeze on a sunny day. Step 1: Sign Up for a Webull Account The journey begins…
Are you curious about forex trading and wondering if you can do it on Webull? Well, you’re in the right place! Let’s explore the world of forex trading on Webull, making it super easy to understand. Webull Webull is a super cool platform where you can trade not just stocks but also forex. Yep, they’ve…
When calculating pivot points, there’s more than one way to crunch the numbers. Just like there’s more than one style of K-pop beyond BTS, traders have developed alternative methods for determining pivot points. In this exploration, we’ll delve into these diverse methods, providing you with the formulas to compute these levels effectively. Woodie’s Pivot Points:…
Imagine you’re a forex trader and heard about something called “pips.” They’re not the seeds in orange but are important in forex trading. Let’s break it down so that even an 11-year-old can understand! Pips: What’s the Big Deal? Different Sizes of Pips Pips in forex come in different sizes, like small, medium, and large sodas…
Have you heard about “pivot points” in forex trading? Let’s break it down in easy terms. Pivot points are like signs that traders use to know where the market might go. It’s like a compass for trading. Let’s explore this fascinating concept in a straightforward way. Calculating Pivot Points Pivot points are not hard math….
Is Forex the Answer to Your Financial Worries? Introduction You may have heard the term “forex” tossed around, but what does it actually mean? Forex (or foreign exchange) is the trading of currencies. It’s what happens when you buy Euros with your US dollars, or when you exchange your British pounds for Japanese yen. Forex…