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For example, a currency pair may be undergoing a period of consolidation. Once it breaks out of the congestion, or range, one trader may favor playing the breakout, while another opts to wait for the first pullback to develop. Then there is the trader who looks to utilize both a breakout and...

Traders can look to sentiment at the very start of the analysis process or they can conduct thorough technical and/ or fundamental analysis and seek out client sentiment as confirmation of the trade. Using client sentiment as the starting point however, can be extremely useful as it can inform...

Range trading takes place in the space between the support and resistance as traders aim to buy at support and sell at resistance. Think of the area between support and resistance as being a room. Support is the floor and resistance the ceiling. Ranges tend to appear in sideways trading markets...

A pivot point is a is a technical indicator used by forex traders as a price level gauge for potential future market movements. The pivot point indicator is used to determine trend bias as well as levels of support and resistance, which in turn can be used as profit targets, stop losses, entries...