Terminology Archives - indicatorspot.com

28Oct28.10.2023

How To Identify Divergence In Forex

The forex market is a dynamic and ever-evolving landscape, offering traders a myriad of opportunities. To navigate this complex terrain successfully, traders employ various technical analysis tools and strategies. One powerful technique that traders use to gain an edge in the forex market is identifying divergence. In this article, we'll delve into what divergence is, how to recognize it, and how to use it to make informed trading decisions. Understanding Divergence In the intricate realm of forex trading, it emerges as...

By EvgenFor beginners, Terminology0 CommentsRead more...

Best Candle Patterns to use in Forex trading

25Sep25.09.2023

The Best Candle Patterns for Forex

Description of Candlestick Patterns Candlestick patterns are a fundamental tool in technical analysis, employed by traders and investors to decipher the sentiments and potential future price movements within financial markets. These patterns are formed by the individual price bars on a chart, revealing critical information about the battle between bulls (buyers) and bears (sellers). To understand candlestick patterns, it's essential to dissect the anatomy of a candlestick. Body of a Candle: The rectangular area between the open and close prices of a...

By AlexFXFor beginners, Terminology1 CommentRead more...

04Apr04.04.2023

What is CBDC?

As the world becomes increasingly digital, central banks worldwide are exploring the possibilities of issuing their digital currencies. One such development is the Central Bank Digital Currency (CBDC), which is a new form of digital currency issued and controlled by the central bank. How CBDC Works Unlike traditional currency, CBDC exists only in the digital world, and its value is backed by the government. It functions similarly to traditional currency and can be used for various transactions, including purchases, bill payments,...

By PlatinumTraderFor beginners, Terminology0 CommentsRead more...