Educational Post📕

4 Types of Trading Confirmations

1️⃣ PRICE ACTION

When analysing many different instruments whether that is forex currencies, crypto projects or even stocks. You will often see when searching for trading opportunities that there are various confirmations that price will give clues about on the chart that we can trade from.

2️⃣ INDICATORS

Whether you're purely a price action trader or an indicator heavy trader. From simple moving averages to complex computer algorithms, indicators play a big role in the trading industry.

3️⃣ FUNDAMENTALS

Which are figures deriving from news events such as in an economic calendar, news & tweets etc. Actual fundamental news can become your best confirmation tool.

😀 KEY LEVELS

Majority of the trading volume comes from the big institutional players such as banks & hedge funds etc. Therefore, it's important to know where these big players are buying/selling & why...

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