Leveraged trading allows even small retail traders to make money trading different financial markets.
With a borrowed capital from your broker, you can empower your trading positions.
The broker gives you a multiplier x10, x50, x100 (or other) referring to the number of times your trading positions are enhanced.
USDCHF is approaching a strong daily resistance level.
On hourly time frame, the price formed a triple top formation.
To catch a pullback from the underlined structure, wait for 0.921 horizontal neckline breakout (1H candle close below).
Then sell aggressively or on a retest.
Your goals will...
Relative strength index is a classic technical indicator .
It is frequently applied to spot a market reversal.
RSI divergence is considered to be a quite reliable signal of a coming trend violation and change .
Though newbie traders think that the application of the divergence is quite complicated, in...
If you are struggling with the identification of accurate trading entries,
you definitely should try confluence zones .
Note: there are hundreds of variations of confluence elements.
In this example, we will discuss trend lines and Fibonacci.
❗️To identify a confluence zone, the price must follow a trend line
All markets go through cycles of expansion and contraction.
📈When a market is in an expansion phase (an uptrend), there is a sentiment of optimism, belief, and greed. Typically, these are the main emotions that lead to a strong buying activity.
Sometimes, a strong sense of greed and belief overtakes the market in such a...