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A breakout strategy is a popular forex trading technique that involves entering a trade when the price of a currency pair breaks through a significant level of support, resistance, or a consolidation zone. Breakouts signal…

Strategy development in forex involves the process of creating and refining a trading plan based on thorough analysis, market research, and backtesting to achieve consistent profitability. Developing a robust forex trading strategy requires a structured…

performance, analyze trading behavior, identify strengths and weaknesses, and continuously improve trading strategies. Here’s how to create and maintain an effective trading journal in forex: Components of a Trading Journal: Benefits of Keeping a Trading…

Trading plans and rules are essential tools for guiding traders in their decision-making process and ensuring a systematic and disciplined approach to trading. A well-defined trading plan and set of rules help traders stay focused,…