These days there are many different indicators available for trading the Forex market. And it seems every few months or so a new trading indicator arrives on the scene. But many times, these new … [Read more...]
An Overview of the Major Forex Currency Pairs
As the name “foreign exchange” implies, transactions in the forex market all involve an exchange of currencies, so currencies are priced relative to other currencies and are transacted at a certain … [Read more...]
Anatomy of Popular Moving Averages in Forex
What is a Moving Average? The Moving Average indicator is one of the most basic Forex technical analysis tools. It is an on-chart lagging line, which smooths the price action. The reason for the lag … [Read more...]
How to Use Currency Correlation in Forex Trading
Correlation in finance is the statistical measure of how two different assets move in relation to each other. A positive correlation exists between assets that tend to move in the same direction. For … [Read more...]
Top Five Things to Consider Before Choosing a Forex Broker
The foreign exchange market is the largest capital market in the world. As one might expect with any volatile market, the potential for great returns comes along with the risk of suffering … [Read more...]