Forex news 2 October 2024 Fed Independence During Elections: An Analysis of Decision-making and Political Pressure
AI Hub 5 December 2023 Explain the Concept of Order Block in the Realm of Forex Trading? Order blocks are a popular trading strategy used by forex traders. They are based on the idea that large institutional investors will often place large orders at certain price levels to move the market in their favor. By placing an order block, traders can take advantage of these movements and capitalize on them for potential profits. In essence, an order block is a group of orders placed at the same price level to create a wall of buying or selling pressure that can be used to push prices in either direction. For example, if an investor wants to buy a currency pair, they may place multiple buy orders at the same price level to create enough buying pressure to push prices higher. Conversely, if they want to sell a currency...