A Dragonfly Doji is a single candlestick pattern that is a type of doji in which the candle's wick (or shadow) is much longer than the body. During the candle time period, the large wick represents a large trading range, and the small body represents...
1. Quick and easy data entry: The faster and easier you can enter data, the better you will be at converting numbers to dollars.
The FX market's ability to trade 24 hours a day is due to a mix of many time zones across the world and the fact that transactions are handled through a network of computers rather than a single physical transaction that closes at a certain time....
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein. Symbolized by "CHF" or "Fr", it is one of the world's major reserve currencies and is widely traded in the foreign exchange markets. The Franc is subdivided into 100...
Forex leverage differs from the amount of leverage available when trading stocks. This is due to the fact that major currency pairs are more liquid and have lower volatility than even the most heavily traded stocks. As a result, risk management and...
Income investing is the process of picking investments that will generate a consistent source of income over a specified length of time. It's a common strategy for chasing good returns while also having a chance to combat inflation. There are a...
What is the hardest part of Forex trading? For me, it is my emotional IQ and response to my money being lost on my losing trade. That will be always a problem for me but now I have control over it and I think it will not remain a problem for me in...
The final step in algorithmic trading is to implement the algorithm using a computer programme, which is then backtested. The goal is to turn the described approach into an integrated automated procedure with access to a trading account for placing...
Popularity: Because forex major pairs are so popular, information about them is widely available on the internet. Economic reports on these economies, for example, are widely available. Furthermore, most analysts discuss major forex pairs in their...