Market Manipulation in Action – Best Strategies For Forex Traders
“Market Manipulation,” in simpler terms, means the market outsmarts you at your strategy. It’s a game where 20% of the players excel remarkably well.
“Market Manipulation,” in simpler terms, means the market outsmarts you at your strategy. It’s a game where 20% of the players excel remarkably well.
Market manipulation refers to actions taken by influential players in the market, such as large banks or financial institutions, to distort the market’s natural flow artificially.
Many traders find themselves in this precarious position, but there’s one crucial skill that can make all the difference: risk management.
When applied to forex trading, the Chaos Theory suggests that the forex market, despite appearing chaotic, follows specific patterns that can be identified and utilized for trading.
Successful Forex traders have walked the path you are treading and have overcome numerous challenges to achieve their financial goals.
The falling wedge pattern is characterized by gradually narrowing the price range between the two trend lines.
he rising wedge pattern is a bearish chart formation after an uptrend. It is characterized by two converging trendlines, with both the support and resistance trendlines sloping upwards. However, the slope of the support line is usually steeper than that of the resistance line, leading to a convergence of the two lines over time.
An expanding triangle is a unique triangle pattern that differs from other triangle patterns such as the symmetrical, ascending, and descending triangles. While the other triangle patterns have converging lines, the expanding triangle has diverging lines. This divergence leads to wider price swings, higher highs, and lower lows, ultimately resulting in increased volatility.
Triangle chart patterns are formed when the price of a security moves into a narrower and narrower range over time. This narrowing range is a visual representation of a battle between bulls and bears in the market. The triangular shape is created by drawing two trendlines – an upper trendline connecting the highs and a lower trendline connecting the lows.
A rectangle pattern is a classical technical analysis pattern that occurs when the price of an asset moves between horizontal support and resistance levels. The pattern resembles a rectangle formed by these parallel levels.