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Identify Valid Institutional Candles And How To Understand Market Manipulation Scenarios

On this occasion, we will learn how to identify valid institutional candles and how to prevent them from avoiding the trap of manipulating market movements so as not to be fooled and misguided in reading trends in forex trading.

What Is Institutional Candle

Institutional Candles often called order blocks are candles final bullish or bearish after a support and resistance breakout occurs so making the distribution of market prices occur or is called trends. Based on experience, Valid Institutional Candles only formed after the support resistance area or sideway area a breakout has occurred, then the price returns to the sideways zone again that was just broken out, and the price returns to the breakout of the last high or last low, still in the previous sideways area. Or can It be easy to say like this, when the price forms an equal low in the support area then the price moves lower and breaks below equal lows, or support candles have big bodies and deep rejection wicks and the price creates fear value gaps (FVG) or imbalance on the way up and vice versa. This is how not to get trapped by manipulation of breakout support resistance.

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Benefits of Trading with TMGM

Best Forex Broker For Scalping With Very Fast Withdrawal and Deposit Services

As a forex trader, you understand the importance of selecting the right broker to achieve your trading goals. At TMGM, we offer a range of benefits that appeal to both beginner and experienced traders, providing a competitive edge in the forex market.

best ecn forex brokers for scalping

Our focus on low spreads, fast withdrawal and deposit solutions, and advanced trading technology make us an ideal forex broker for scalping.

In this article, we will explore the various benefits of trading with TMGM, highlighting our commitment to providing a transparent, secure, and customized trading experience for our clients.

Key Benefits

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Pepperstone Competitive Advantages for Professional Forex Traders Based on Reddit and Forex Forum Review

In the world of forex trading, professional traders seek platforms that offer competitive advantages to enhance their trading experience. Pepperstone, a renowned brokerage firm, has garnered attention and positive reviews on popular platforms like Reddit and Forex forums. Let’s dive into the competitive advantages that make Pepperstone a top choice among professional forex traders.

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Easy Forex Trading Tips To Make Steady Profits

Forex Trading Tips

The forex trading tips enclosed are all about increasing your profitability and they are logical, easy to apply, and work. If you want to trade forex the professional way, who says that you can’t get the tips for free? We all know that forex is one huge online market that can afford no mistakes, and that is because one false step can make you lose every penny that you have invested in this market.

Forex_Trading_Tips

There are iron rules in each business and ignoring these rules will make the players kicked out quickly from the game, this is also applied in Forex trading. Apply these Forex trading tips in your trading career to make steady profits, keep your account safe, and play by the rules:

Choose the right software or platform from a regulated broker

As we know MetaTrader is one of the best trading platforms now. Of course, you have to choose the best program to run your online business with. Consider these Forex trading tips in looking for the perfect software: it should be something that offers a customer help desk 24 hours a day and provides an online manual on how to get things done just in case something breaks down in the middle of the night. Your Forex trading software is designed to work even while you are sleeping, which means that it can do the usual Forex tasks all by itself without further supervision from the user. Most forex trading software can open and close deals for you from any trader located across the globe.

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Is It Forex Fundamental Analysis Works?

There are 2 types of analysis commonly used by traders, namely:

1. Fundamental analysis: by relying on the news/rumors in the market.
2. Technical analysis: by relying on charts and mathematical formulas.

Fundamental Analysis:
Fundamental analysis is an analysis that relies on news that happens in the world market. Or that was circulated in the market. The content of this news drives the market trader’s emotions to determine the value of a currency, equity, or other instruments. One example is the Central Bank rate hike by the Fed (U.S. central bank) could mean a stronger dollar. Rising prices will hoist petroleum stocks related to commodities, etc.. If you do not like the analysis of complex-complex (count, graph, etc.), it is now time for you to learn this fundamental analysis.

To study the fundamental analysis correctly you should study the economic impact, and the financial macro. For example, why the increase in interest rates can make the currency strengthen. Here are the laws of that economy. But there is some news (economic indicators) that you can use as a reference.

American political & economic conditions are very influential to world economic conditions, therefore the news and U.S. economic data are often used as a reference by investors against major world currency movements.

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Tickmill Trading Contest and Get Real Money Easily

tickmill forex open account

Tickmill Trading Contest

The Forex Trading Challenge Live Contest! Have you registered yet? Join TICKMILL’s monthly live trading contest where the top 5 traders will win amazing cash prizes.   The winners may withdraw prize money.

Tickmill is pleased to have a long and growing list of successful traders who rely on our high-quality services.

Because extraordinary achievements deserve special recognition, we select the best among our skilled clients each month and award the top-performing trader a $1,000 prize.

We consider profit, money, and risk management skills when determining the winner.

To participate in a trading competition, no additional registration is required.
Simply open a live forex account with Tickmill, demonstrate your exceptional trading skills, and you could be the next Trader of the Month.

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Tickmill Is The Best Place For Intraday Scalping Traders

Tickmill Global Trading Company Profile

Tickmill was founded in August 2014 by two brothers Ingmar and Illimar Mattus, both experienced professionals in the forex industry with extensive experience in financial services. Tickmill company initially operated from Mahe, Seychelles, and later expanded its presence to various international locations, acquiring licenses from leading regulatory bodies. Tickmill operates under the Tickmill Group, which consists of subsidiaries such as Tickmill UK Ltd, Tickmill Europe Ltd, and Tickmill Asia Ltd.
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The Principal’s office is at 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles.

How To Get Your First Million Dollars By Investing Cryptocurrency

What Is Crypto Currency?

Today’s cryptocurrency business models are very familiar. Even some people convert their real assets to digital assets as their savings for medium to long-term projects.

So, CRYPTO currency’s basic concept is used to replace traditional paper currency and for some people, digital assets are used as their savings. The entire transaction will be recorded in a digital ledger known as blockchain.

As long we use these digital assets as saving “pure cryptocurrency” with no lending program, it will give low risk in the end, and for sure this saving method is very good indeed. But, it will be a very high risk if you join with lending program. As we know there is always a risk in every business right? This digital assets business model has a medium to high risk as well. And the risk follows based on each specific concept.

what is blockchain technology

There are a few concepts if you want to take part in this crypto-currency business. First is staking, this concept we only buy several cryptocurrencies as our savings with no contract period. Usually, this is called “pure cryptocurrency”. Digital assets that use this concept are Read more »