Key Takeaways What are Keltner Channels? Keltner channels are a popular technical indicator used in technical analysis and trading. Developed by Chester Keltner in the 1960s, Keltner channels help visualize the high and low prices where a security may trade over a given period. They provide a volatility band around a simple moving average (SMA) […]
Position trading is a trading strategy that focuses on holding positions in securities like stocks, currencies, commodities or cryptocurrencies for an extended period of time ranging from a few days to several months. Unlike day trading which aims to profit from short-term intraday price movements, position trading targets longer term trends that play out over […]
Margin trading allows for larger position sizes and profits, the amplified risk from leverage must be properly managed. Strong risk controls are essential to this strategy’s success over the long run. A few key considerations include: Margin traders must balance risk versus reward, employ sound money management practices, and avoid becoming overly exposed to any […]
What is a Breakout Trading Strategy? A breakout trading strategy involves identifying when the price of an asset breaks above or below a defined range and entering a trade in the direction of the breakout, with the goal of profiting from the momentum of the new trend. A breakout occurs when the price moves past […]
Key Takeaways Lack of a Trading Plan Having a clear trading plan is crucial for any forex trader who wants to be successful long-term. A trading plan provides structure and guidance during volatile market conditions when emotions run high. It defines the criteria you will use for entries into trades, where you will place stop […]
Stop-loss and stop-limit orders are important tools for traders to limit their losses and protect their gains. These two types of orders are commonly used in the stock market and other financial markets to help traders manage risk and make more informed investment decisions. What Is A Stop-Loss Order? A Protective sell order is an […]
As cryptocurrency gains more popularity, so does the concept of crypto referrals. If you’re new to the crypto world, you might be wondering what crypto referrals are and why they matter. We’ll provide an in-depth explanation of what crypto referrals are, their benefits, and challenges. TradeXN Referrals as a unique and sustainable way of earning […]
At TradeXN, we understand the importance of user protection and have put together this guide to help you safeguard your digital assets. We recognize that the online world can be a dangerous place, and it’s essential to take proactive measures to ensure that you are protected against potential threats. We’ll be discussing the best practices […]
Before diving into triangle pattern trading, it is important to understand the different types of trends in the market. In the crypto market, there are two main types of trends: bull and bear trends. Bullish trends indicate that the market is moving in an upward direction, while bearish trends indicate that the market is moving […]
Crypto investing has become quite popular over the past few years. If you are looking to gain exposure to the fast-changing digital currency market, then crypto trading may be for you. Cryptocurrency is a type of digital currency that specializes in using big data and blockchain technology to provide its users with a secure and […]
Cryptocurrency trading can be a profitable endeavor. However, it can also be risky, and the volatility of the market makes it difficult for traders to accurately predict the direction of the market. Fortunately, some strategies can help traders to better manage the risk and increase the chances of safety. One such strategy is triangle pattern […]
If you’re new to crypto trading and investing in the forex and cryptocurrency markets, you’ll want to familiarize yourself with the most widely used technical indicators. Technical trading indicators use historical price data to help traders predict the future direction of a stock or currency. While there are many indicators to choose from, the below […]