Forex Trading

There are many factors to consider when choosing a tool to backtest the forex market. In spite of the fact that backtesting is, in essence, a very simple process, the quality of the data is extremely important. It is possible for your backtesting results to go wrong, which could lead to huge losses on live […]

Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has

This suggests that the selling pressure may be exhausted, adding further weight to the potential for a bullish reversal. Look for a candlestick that is larger than average in terms of its range from high to low. This indicates significant price movement within the session, which is essential for a pin bar pattern. In this