If you have already learned about forex, then learning about forex market hours will also provide important information for you to trade.
Forex market hours clock is divided into four market sessions that open and close continuously.
When the Asian session closes before that the London session has opened, and before the London session closes the New York session has opened, and finally, the Sydney session and this clock continue to repeat for 5 days a week.
Learn more about forex market hours to find out the best sessions and the best pairs for each session.
Forex market is a market that is open 24 hours five days a week, but not all market days and sessions are the best time for trading.
Learn which market sessions provide the best opportunities for trading, and on what day is the best time.
Support and resistance are the basis of technical analysis, this is an important lesson that must be learned by all traders.
Learning support and resistance is very important, next is about the trend line which is also a continuation of the basic lessons in technical analysis
Channels are useful for determining support and resistance and are the basis of technical analysis, although simple but this is a good method and is widely used by traders for market analysis.
Support and resistance are strong zones where prices have a tendency to bounce in this area, how to trade with support and resistance.
Japanese candlesticks were originally used by rice traders in Japan to use this chart to analyze the price of rice on the market, by Steve Nison becoming popular after he introduced Japanse candlestick strategies to the Western world.
Japanese candlestick is a charting that is popular among forex and stock traders.
What are the basic forms of this candlestick pattern, get an explanation in this article.
As a reversal signal, candlesticks have three groups, the first is a single candlestick pattern, the second dual candlestick pattern, the third triple candlestick pattern.
Learning all three is a basic lesson in technical analysis with price action.
If you trade based on candlestick pattern alone, it will face so many mistake trading and cause the losing trades, but if trade with support and resistance and look react candlestick pattern on these areas, it will giving better trading setup.