Category: Forex Trading

If you open a short position (sell) on the gridley ca equipment rental locations EURUSD for 1 lot, you essentially sell € , borrowing it at an interest rate of 3.5%. By selling EURUSD, you’re buying USD, which earns a 3% interest rate. When that happens, the interest rates of the currencies in the FX…

And if you’re younger than 59 ½, it will be counted as an early withdrawal, which comes with a 10% penalty. It is recommended to do your own research prior to making any trading decisions. Of course, your broker’s rollover rate may differ, as many brokers also include a fee in the rollover rate. Forex…

Effective risk management strategies include setting price targets at previous support zones and implementing trailing stops if the downtrend accelerates. Morning Stars occurring after extended downtrends that demonstrate positive divergence on momentum oscillators offer particularly high-probability trade setups. The pattern’s middle candle occasionally forms as a Doji, creating a “Morning Doji Star” variation that signals…

The bullish abandoned baby formed with a long black candlestick, doji, and long white candlestick. The gaps on either side of the doji reinforced the bullish reversal. A bullish reversal candlestick pattern signals a potential change from a downtrend to an uptrend. It’s a hint that the market’s sentiment might be shifting from selling to…