Fibonacci retracement levels do not have any equations. When the same indications are plotted on a chart, the user picks two points. After those two sites were chosen, the line was drawn at percentages of that motion. Assume that the price rises from...
A trading platform appears to be a piece of software that allows traders and investors to track accounts and place trades through intermediaries. Trading platforms will include additional services such as real-time quotations, charting tools, status...
Tax consultant as a profession has only recently emerged, but it is quite in demand, promising, and one of the most highly paid ones.
Hybrid forex brokers are a type of forex broker that combines the features of both market maker and ECN/STP brokers. These brokers offer traders the benefits of both models by providing direct market access to liquidity providers while also offering...
Money management and risk management are critical for Forex trading. They can basically make or break your success story. The money you will be using should be handled with care as you do not want to suffer losses. Money management requires careful...
In order to find out what the mood of the Forex market participants is, this type of indicator is used. It is their mood that determines whether the price will go up or down. We would like to emphasize that psychological indicators would not always...
Before moving on to an in-depth examination of the guide, you just need to choose one that's strong and one that's weak. Is there anything simpler? The market does not move in a straight line. It inverts and pulls back during every upward movement....
Traders feel the sharp sting of their losses when the volume is too high because they lose money as they go. In order to ease the pain, traders quickly close their positions when they lose. A trend based on high volume will likely remain low as...
A financial instrument whose value is derived from the value of another asset, such as a currency. For this reason, forex derivatives are widely used because they allow traders to combine the values of two or more currencies and trade stocks based on...
Choosing a forex broker is an important part of your trading decisions. The broker will have a considerable impact on various aspects of your trading. You will need to understand the trade structure that will be utililsed. For instance a dealing desk...