XtremeMarkets

Intermediate Guide

In intermediate section, you will find out what trading styles and strategies are there and learn how to create your own plan. You will also find out sophisticated tools and techniques of market analysis, for example, Japanese candlesticks and Fibonacci retracement.

What is Trend Reversal and Retracement

Every trader is in the situation when they need to decide whether a decline or rise in the price of particular derivative is for long term or for short term.

How to Identify Market Reversal and Retracement?

The retracement and the reversal level can reduce the number of negative trades and set up some positive trades.

Japanese Candlestick Chart and Types

The candlestick chart is one of the most used charts in the forex market. Japanese candlestick will be formed by using the open, close, high, low price at the market movements.

Different Types of Trading Strategies

There is wide range of approaches for the trader to interpret the price movements and get profit into their trades. There are some of trading styles discussed below.