Category: Forex Trading

In contrast, a falling wedge is typically bullish, suggesting that a downtrend is losing steam and a potential uptrend is on the horizon. Eventually, the price breaks above the upper trend line, confirming the bullish reversal. Traders might then look to buy the stock or close their short positions. What Is the Entry Point for…

Traders reaching the initial target price of a rectangle pattern look for other target prices to capitalize on the trend continuation. Forex traders using rectangle patterns initially place stop orders just outside the opposite side of the rectangle formation or on other important price levels. Triple Bottom Pattern formation suggests that sellers cannot lower the…

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a…

The ratio indicates the number of ounces of silver it takes to equal the value of one ounce of gold. To illustrate the gold/silver ratio, consider a scenario in which gold is trading at $1,500 per ounce and silver is trading at $15 per ounce. The gold/silver ratio would be 100, because it would take…

This can be accomplished by attempting to foresee how prices of the two metals are moving. They may trade their gold for silver when the ratio is high, and trade their silver for gold when the ratio is low. If you want to trade the ratio between precious metal prices, or you just want to…