Charts are useful tools for investors and traders as they offer insight into herd behavior. In a book written in 2004, author James Surowiecki explained how crowds make better decisions than ...
Trading the financial market can be profitable and risky depending on the knowledge and experience of a forex trader. To become an expert, traders need time to learn strategies to make an educated ...
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When you’re learning how to trade forex, a trading plan is essential for maintaining discipline and consistently applying your edge in the markets. Outline your risk management rules, capital ...
With over $5 trillion traded every single day, the forex (foreign exchange) market is the largest, most liquid market in the world. With forex trading, you speculate on the value of one currency ...
Forex market analysis serves as the primary method used by just about any professional or retail trader for forecasting currency pair exchange rate moves in the huge forex or foreign exchange market.
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
Technical analysis is the process of examining a stock or security’s price movements, trading volume, and trends to determine how or when to trade it and predict its price movements. There are plenty ...
FOREX Observations: The high for the month thus far is day 1 of the month and the EURUSD has traded into channel support and the 38.2% retracement of the rally from the July low. The level is also ...
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