A key element in confirming any pattern, especially an inverse head and shoulders, is the behavior of volume. While a sharp volume increase on the breakout is a strong initial sign, the volume dynamics after the breakout also matter. Sustained volume or gradually increasing participation after the breakout suggests that the trend is not a […]
The inverse head and shoulders pattern contains three consecutive lows. Two of these lows have equal height, while the third’s fp markets review height is deeper. Price action reverses direction from the first resistance (1) and goes upwards till it finds the first support (2), completing the left shoulder formation. In many cases, shortly after […]
High-volume traders with a minimum monthly notional trading value of $50 million are considered premium clients. This status offers cash rebates of up to 15% of the spread paid, automatically credited to your account on the 10th of the following calendar month. It also provides 24-hour trading support from your premium client manager and reimbursed […]
The maximum-drawdown-optimization sizing method can be used for strategies that are automated, non-subjective, or where the person has a large trade history with a strategy. In other words, 5 positions is your baseline for the account, but you can adjust this based on the risk of the trades you end up taking. Let’s assume you […]
The trade analyzer helps users assess their performance and optimize strategies. This broker doesn’t accept residents of the EU, UK, Australia, and the US. This is quite limiting to many traders, so alternative options need to be considered. Lime Fx has been on the market since 2007 and that should give some peace of mind. […]