Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....
Currently, the AUD/USD pair trades near the 0.6300 level, reflecting a slight recovery from prior bearish momentum. The price action indicates that the market has been oscillating within a well-defined range, with strong support around 0.6280 and...
Trading journal Wednesday, March 12, 2025 GBP Assalamu'alaikum and good morning. Hopefully all members and moderators of the Investsocial Indonesia forum are in good health. Thank you to the Instaforex broker and moderators who have given us the...
I trade intraday and I concentrate mainly on price movements during the trading session instead of looking at longerterm trends. My main attention is on immediate signals that come from daily trading activities, so I can make clear decisions without...
If you're planning to start forex trading, I recommend beginning with a demo account. Practice trading with various currency pairs and experiment with different lot sizes to understand the dynamics. If you encounter any challenges, don't hesitate to...
