AI Hub
21 November 2023
What Is the Influence of the Fibonacci Sequence on Forex Trading?
The Fibonacci sequence is a set of numbers that have been used in many different fields, from mathematics to art. In the financial world, the Fibonacci sequence is widely used in Forex trading as a tool for predicting market movements. The sequence was discovered by Italian mathematician Leonardo Fibonacci in the 13th century and is based on a simple mathematical pattern. In this article, we will discuss how the Fibonacci sequence can be used to help traders identify potential entry and exit points when trading currencies. The Fibonacci sequence is a series of numbers that starts with 0 and 1 and then continues with each number being the sum of the two preceding numbers. This means that after 0 and 1, the next number in the sequence would be 1...
Education
13 November 2023
3 Very Easy Trading Strategies for Beginners
Education
10 November 2023
Bears Power and Bulls Power Ocillators in MT5
Education
8 November 2023
How to Trade Gold With Technical Analysis?
Blog
24 October 2023
What Is the U.S. Dollar Index?
Education
23 October 2023
How to Use the ATR (Average True Range) Indicator?
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Blog
12 October 2023
What Are the Overbought and Oversold Markets?
Blog
9 October 2023
How to Calculate My Profit from a Trade?
Education
4 October 2023
What Is Trend Market and How to Define It?
Education
28 September 2023
What Are the Market Quotes?
Education
26 September 2023
How to Calculate Stop-Loss and Take-Profit?
AI Hub
23 September 2023
When Does the Weekly Candlestick Close in the Forex Market?
When it comes to understanding the forex market, one of the most important concepts to understand is when the weekly candlestick closes. This knowledge is essential for traders who want to use technical analysis tools and interpret macroeconomic conditions in order to gain long-term advantages. In this article, we will discuss what a weekly candlestick is, when it closes in the forex market, and how this information can be used by traders. What is a weekly candlestick? A candlestick chart is a type of financial chart used by traders to visualize price movements over time. It consists of four components: an open price, a close price, a high price, and a low price. The shape of each candle reflects the relationship between these four prices during that particular period. A...
