The forex market is perceived to be one of the most complex financial markets to trade, because of its high volatility and price sensitivity. A minor sociopolitical or geographic development can ...

One of the essential things in successful trading is the ability to identify the key support and resistance levels and determine the pivotal points where the overall trend is likely to reverse. A good ...

Pivot trading is a popular technique in forex that helps traders pinpoint key support and resistance levels based on past price data. These levels act as decision points for potential market moves, ...

Yearly Pivot Points are one type of Forex support and resistance used by traders. Bounces from yearly pivots usually lead to several hundred pip moves. USDCAD has broken above the R1 Pivot and is now ...

Article Summary: Many traders learn to use the indicators that are based on past price action to develop a trading plan. While many of these indictors have their place, there are other indicators that ...