In addition to gauging the levels of supply and demand in the forex market through the use of various technical analysis methods, many forex traders also rely on some form of fundamental analysis. … [Read more...]
Charts are essential in Forex trading. Nowadays you cannot trade Forex effectively without a chart. The most popular Forex charting style is the Japanese candlestick chart. Some other types of charts … [Read more...]
To answer the question that is the title of this article, several elements should be considered to clarify what is really meant by the question. To begin with, a typical forex trading robot does work … [Read more...]
In the world of trading, one of the most important elements that enable profitable transactions is the existence of a liquid market, and the forex market is no exception to this general rule. Having … [Read more...]
Trading foreign exchange currency pairs is often considered an art rather than a science because it requires the use of experience and intuition to generate ongoing profits. To become successful as a … [Read more...]
The Consumer Price Index, or the CPI as it is commonly known, is one of the most important economic indicators related to inflation used by foreign exchange traders and currency market … [Read more...]
The forex interbank market is the wholesale currency arena, where traders from large banking institutions trade amongst one another. Other participants such as hedge funds or trading firms that decide … [Read more...]
Chart patterns are an integral part of the technical trader’s arsenal. Their effectiveness has been studied and validated. One reason why many traders find chart trading attractive is because these … [Read more...]
The currency markets are intertwined with the interest rate markets allowing sovereign rates to have a direct influence on the direction of a currency pair. In this lesson, we will discuss … [Read more...]
Candlestick patterns are an essential component of price action analysis. Candlestick formations can provide high probability signals about a potential outcome on the price chart. Therefore, Forex … [Read more...]