Pin Bar, short for ‘Pinocchio Bar,’ is a single candlestick setup that clues price action traders into potential reversals in the market. A pin bar candle is an elongated wick that ‘sticks out’ from price action. Traders will usually look for one-sided wicks that are two times the size of the body of the candlestick. i. Identify pin bar candles The […]
Venturing into the world of Forex trading is like stepping onto a battlefield. Success doesn’t just come from courage or instinct—it stems from preparation, strategy, and the tools at your disposal. Much like a seasoned soldier would never go to war without a Swiss Army Knife, a wise Forex trader should never enter the market
The foreign exchange market (Forex or FX) is the largest and most liquid financial market in the world, with a staggering daily trading volume exceeding $6.6 trillion—far surpassing the stock and bond markets combined. At its core, Forex trading involves buying one currency while simultaneously selling another, with the aim of profiting from fluctuations in
Let’s be honest, trading can get discouraging at times. Even professional traders have losing months sometimes, so don’t be too hard on yourself. I think it’s good to remind ourselves sometimes just why it is we do this. A little positivity and fresh focus on the reasons we all got interested in trading can be
To trade profitably involves many things and the important one is the ‘mindset’. The mindset of a successful person. You can’t find a profitable trader who doesn’t have that mindset. You need the mental strength to be on this journey without backtracking. This mental strength is not an inborn quality and it can be built