Like a bar chart, a daily candlestick shows the market’s open, high, low, and close prices for the day. The candlestick has a wide part, which is called the “real body.” This real body represents the price range between the open and close of that day’s trading. In the first part, we are going to cover how to read […]
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The DAX 30 (Deutscher Aktien IndeX) is formed of the thirty largest, blue-chip German trading companies found on the Frankfurt Stock Exchange. As Germany sits as the largest and most powerful economy in the Eurozone, the DAX is regarded among the most important indices for European investors. This page will break down how the DAX
Risk management is the cornerstone of successful trading. One of the most common questions new traders ask is: “How much should I risk per trade?” While the answer varies depending on experience and strategy, a widely accepted rule is to risk no more than 1-2% of your trading capital on any single trade. But why
Pin Bar, short for ‘Pinocchio Bar,’ is a single candlestick setup that clues price action traders into potential reversals in the market. A pin bar candle is an elongated wick that ‘sticks out’ from price action. Traders will usually look for one-sided wicks that are two times the size of the body of the candlestick. i. Identify pin bar candles The