Trading currencies by the retail public is a relatively new development in the world of trading. What was once the domain of large financial institutions, banks and large corporations, has become … [Read more...]
Gross Domestic Product (GDP) is a well-known metric of economics and often mentioned in the news or on financial market programs. It is also one of the single most important parameters when creating a … [Read more...]
The ADX trend strength indicator is one of the most widely used tools to determine the strength of a trend in the security being analyzed. Technical traders typically use the ADX (Average Directional … [Read more...]
During the dog days of summer, when the markets are typically choppy, it can be difficult to find appealing directional trade candidates. When markets are choppy you can look for market neutral … [Read more...]
One of the first steps any aspiring Forex Trader must do is decide on their choice of a Forex broker. This is a very important decision and should be considered carefully. There are … [Read more...]
The Zig-zag indicator is probably one of the most under-rated tools used in technical analysis. Unlike other trading indicators, the zig-zag indicator often sits in the background, and is mostly used … [Read more...]
The concept of the balance of trade is bounced around a lot in the trading community, but it is often misunderstood to some degree. In this article, we are going to take a deep dive into understanding … [Read more...]
Just about all forex brokers will provide their clients with a record of every trade, margin amount, profit or loss and the amount of funds available for additional trades. Nevertheless, keeping a … [Read more...]
Economic data releases are an important part of the fundamental analysis process when trading Foreign Exchange. These data sets allow us to look at the current state of an economy and create forecasts … [Read more...]
Harmonic trading is a method of technical analysis widely used across forex, futures, and stocks. Harmonic trading uses certain price patterns which are subject to alignment of specific Fibonacci … [Read more...]