What Does a Rising Wedge Mean?

A rising wedge (or ascending wedge) is a type of a technical chart pattern used to identify changes in a price movement trend.

Tech development impacts our daily lives as well as traders’ profits. Technologies change rapidly, creating new opportunities in everyday routine and the stock market.To keep up-to-date and gainful, traders should be aware of the current and future tech trends. Trading is one of the fastest shifting industries, and the tech sector has always been brisk. But we know the importance of technology predictions and have prepared a list of emerging stocks.

When you decide to start trading, relying on intuition and general understanding of the market is often not enough. You also need to be able to analyze price charts and draw your own conclusions from them. One of the most descriptive charts is a candlestick chart.

The whole world has been buzzing about cryptocurrencies for years. And yet the topic is only getting hotter every day.

To keep you informed, we regularly post the latest crypto news on our website and social media. Recently, we took a look at new crypto released in 2022 and even made a short guide on how to trade cryptocurrencies.

Even with all the junk food controversy, Big Mac is known and loved by many all around the globe. But did you know that Big Mac is also an economic indicator?

Read this article to learn about the Big Mac Index, what it means, how it was created, and how you can use it in trading.

Have you thought about what the highest currency in the world is? Is it the US dollar, the euro, or the British Pound? No, they are not. They are the world’s most famous, most traded, and widely spread currencies. Some other currencies outperformed those three. Surprisingly, but being the most traded, the US dollar is not even in the middle of the top 10 list.

Millions of traders all over the world use the MetaTrader 5 trading platform to trade Forex, stocks, and futures. Over time, it has become popular among cryptocurrency trading enthusiasts as well. Let us find out why MT5 is so well-liked and how to use it to trade crypto.

A trade order is a request that a trader places on a marketplace or any online investment intermediary (like a broker) to trade on some asset. This is the basis. Without understanding its essence, you will not be able to trade.

In this article, we are going to consider three principal types of orders for stocks, currencies, and commodities that allow you to define the particular terms: Stop, Limit, and Stop Limit orders. We will tell you the difference between them and the way they should be used.

Besides, beginners will find a lot of useful information in our analytics section, including the glossary that you should read before you learn how to open or close an order. So, let's start!

MetaTrader 5 is the latest version of high-end trading software from MetaQuotes. Superior trading features, technical & fundamental market analysis, and automated trading make it an excellent platform for experienced traders.

New to trading? Don’t worry, you can start trading with MT5 from scratch. Here is a quick step-by-step guide on how to install MT5, set it up, and open your first trade. Let’s go!

Though typically, trading slang words are not considered professional or conventional, they are still used excessively by traders worldwide. Thus, it’s a no-brainer that you should build your trading vocabulary as you go further with your trading efforts.

In simple words, patterns in day trading are the shapes of the price chart. These shapes allow traders to determine the potential direction of price movement.

To prevent a novice trader from getting confused by the variety of shapes, in this article, we will break down the basic patterns for day trading and show you how to use them in trading.

Have you ever wondered what helped all those professionals of Wall Street become successful? You will be surprised, but the key to their reached heights is hidden in their mistakes. Yes, that is right. Most professional and successful traders made many mistakes before they got to the top.