Unlocking Profit Potential: Exploring Hidden Divergences in Trading
Hidden Divergences in Trading Divergence, a pivotal concept in technical analysis, unfolds in two significant dimensions. If you’ve encountered the MACD indicator, denoting Moving Average Convergence Divergence, you’ve stepped into the realm where divergence takes center stage. In this context, divergence signifies the movement of two lines relative to each other – either diverging by […]
Trading Order Flow: Strategies and Risks in Financial Markets
What is Order flow in Trading Order flow signifies the volume of pending orders at specific price levels. During a strong upward price trend, the imbalance between buyers and sellers propels prices higher, driven by increased buying interest. However, this momentum eventually wanes as sellers outnumber buyers, leading to a reversal and a downward price […]
How Much Do Forex Day Traders Make?
The appeal of Forex day trading lies in its promise of substantial daily profits. However, accurately estimating these forex earnings requires a careful analysis of several factors. Picture a trader initiating their journey with a $1000 investment. By adhering to a disciplined approach, restricting themselves to no more than 3 trades a day and capping […]
Forex Trading: Bull Flag vs. Bear Flag – How to Trade Them Effectively
In the world of financial markets and forex trading, identifying patterns is essential for successful forex trading and profitable strategies. Among these patterns, bull and bear flags are prominent indicators guiding traders’ decisions. These patterns, distinctive in shape and behavior, provide valuable insights into potential market movements. Bull flags signify temporary consolidation within an upward […]
Effective Swing Trading Strategies for Financial Success
How To Get Prop Firm Funding as a Swing Trader In the realm of proprietary trading, the landscape is predominantly dominated by firms that emphasize high-frequency trading strategies, notably day trading, and discourage swing trading strategies. While some of the largest online proprietary firms do not provide conducive environments for swing traders, it is imperative […]
OFP’s Revolutionary New Trading Accounts: 60% and 80% Payout
Innovation is the name of the game in the trading world, and OFP is leading the way. We have set the bar even higher by introducing two groundbreaking options of trading accounts: the 60% and the 80% monthly payout accounts. Not only are our traders not required to pass any challenges, reach profit targets or […]
5 Cryptocurrencies to watch
New coins and tokens are being created on a regular basis, and cryptocurrencies have grown to be a significant force in the financial sector. It might be difficult to stay on top of all the advances as the market expands. Let’s highlight five cryptocurrencies to watch in 2023. The decentralization movement was sparked by the […]
What is cryptocurrency and how does it work?
Electronic communications containing transaction instructions are delivered to the entire network during cryptocurrency transactions. The instructions include details like the parties’ electronic addresses, the amount of money to be swapped, and a time stamp. Let’s say Alice wishes to send Bob one bitcoin unit. A digital message containing Alice’s instructions is sent to the network, […]
Shaq’s Story: A Lesson in Changing the Game of Prop Trading
At the beginning of his career, Shaq had a $40 million contract with Reebok for 5 years. One day, a woman started insulting him in every possible way because the shoes were too expensive, and his fans couldn’t afford them. Initially, Shaq tried to explain that he doesn’t set the prices, but the woman wouldn’t […]
Prop Trading Market Size: A Global Industry Overview
The global prop trading sector has experienced significant growth and expansion in recent years, this type of trading has become increasingly popular. This article takes a closer look at the size of the prop firms market, its growth potential, its impact on financial markets, and its key drivers. The prop firms market is a huge […]