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Copytrade Forex news Blog Company news Education AI Hub 📙 Forex for beginners
📙 Forex for beginners
Copytrade Forex news Blog Company news Education AI Hub
AI Hub 31 December 2023 What Are the Strategies to Utilize Parabolic Sar for Forex Trading? The Parabolic SAR (Stop and Reverse) is a technical indicator used to identify potential reversals in price trends of securities. It was developed by J. Welles Wilder Jr., who also developed the Relative Strength Index (RSI). The Parabolic SAR is based on the assumption that when prices are trending, they tend to remain in that trend until there is a clear indication of a reversal. As such, it can be used to identify potential reversals in both bullish and bearish trends. In forex trading, the Parabolic SAR can be used as an effective tool for determining entry and exit points for trades. By identifying potential reversals in price trends, traders can use this information to enter into trades at advantageous points and exit from them at times when the trend...
AI Hub 14 December 2023 What Is the Definition of Bullish in the Context of Forex Trading? The term ‘bullish’ is commonly used in the context of Forex trading and is a sentiment that reflects optimism about the future direction of a currency pair. It indicates that traders expect the price of a currency pair to rise, and it is often used as an indicator of when to buy or sell. When looking at Forex charts, bullish trends are typically characterized by higher highs and higher lows. This means that each successive peak in the chart is higher than the previous one, while each successive trough is also higher than its predecessor. This trend indicates an uptrend in which prices are expected to continue rising. In contrast, bearish trends are characterized by lower highs and lower lows, indicating a downtrend in which prices are expected to continue...