Making the Most Out of the Wedge Pattern Formation
16th August 2018Rising and falling wedges are chart pattern formations mostly employed by day traders for their potential in predicting the upcoming price actions. It wouldn’t be precise to group wedges into one category; Wedges can either be reversal or continuation pattern.
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The Forex Pioneer of UAE
09th August 2018Looking back, when Alfa Financial embarked in 1993, even the word ‘Trading’ was not too relevant to the masses. And it was the time of initial stages of the internet, making it hard for the general public to get into trading.
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Trading Double Top and Double Bottom
24th July 2018Double top and Double Bottom are price action pattern formations identified to predict the behaviour of the market. As the name suggests, Double Top is when the price action forms two peaks almost equal to each other, and the Double Bottom is when the price action dips to form two consecutive bottoms with only a peak separating the two. Of all the chart pattern formations, Double Top and Double Bottom could pass as one of the easiest-to-identify.
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Deciphering the Diamond Chart Pattern
17th July 2018The diamond chart pattern is one of the reliable chart patterns mostly used by the day traders to identify the potential uptrend reversals. The bearish diamond’s occurrences are far more prevalent than their bullish counterparts. The diamond pattern has enabled a large number of traders to make quick profits.
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How Head & Shoulders Pattern Work in Forex Trading?
06th July 2018Many Forex traders have made ginormous profits using chart analysis. It is designed to identify the highest probable outcome when the prices follow a certain pattern. Chart analysis has a higher chance of returning you with profits. And every analysis has a theory of the trading trend which makes it quite reliable.
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How to Create a Forex Trading Strategy?
19th June 2018The word ‘Strategy’ itself is intimidating to novice traders as there are no foolproof techniques to create a flawless strategy. You might have a tight grip over the concepts of trading, but that doesn’t come in handy when creating a strategy. So, here are the basics to help you create a strategy.
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Start to Trade Forex With 3 Simple Steps - for Beginners
09th May 2018Being a beginner of Forex trading, you might be confused about its terminology. You may have many questions within you about how to start FX trading?
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Top 3 Qualities All Successful Forex Traders Have in Common
04th April 2018We’ve been through a lot of tips & tricks, hacks and lessons which could help you understand your career better and earn profits. But have you ever known the 3 qualities you need to become a successful trader? A trader doesn’t become successful just because he has made a trail of profits.
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Trade Forex Scientifically in 4 Simple Steps
20th March 2018Scientists have always been the individuals responsible for bringing in new inventions to people’s lives. They have a heightened accuracy and discrete concentration in whatever they do which is the reason why they always end up succeeding.
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