Understanding Forex Forex can be very intriquing. To the uninitiated, it can be very complicating. Foreign exchange (currency or forex or FX), is all about money. Money from all over the world is bought, sold and traded....
When trading in Forex market, it is important to work out winning strategies beforehand if at all possible. Making decisions regarding your forex trading and developing a strategy can be seen as your foundation. With your strategy...
J. Willes Wilder Jr. explains the relative strength index (RSI) in great detail in his book, “New Concepts in Technical Trading Systems“. Over the years, chartists and technicians alike have written volumes about the RSI, which has...
Before investment, one of the most important decisions you will make is how you will invest your money. This is because taking the wrong investments can easily wipe out your bank account, and in some cases, could...
For investor, it is now easier to invest because almost all transactions can be made online in recent years. Given the ease that online transactions bring, more and more companies are jumping on the bandwagon to provide...
Introduction Here ia an article that uses simple understandable language to tell you, how to choose the right charts, read them correctly, and act effectively in the market from what you see on them. Probably most of...
Part I In this article, I will describe patterns of price behavior on an intraday basis and their implications for trading. I believe that an adequate consideration of how price changes actually occur during the day will...
The largest traded “market” in the world is not the U.S., Japanese or European stock markets. It’s the foreign exchange market. It’s called Forex for short, or also called the cash currency market. Speculators can and do...
Part I Much of the advice given to traders concerns either what to buy or sell or when to buy or sell. This makes sense, as it is doubtful that brokerage houses and advisory services could make...
Price is the primary tool of technical analysis because it reflects every factor affecting the value of a market. However, price doesn’t produce just trend lines and basic chart patterns. Analysts have expanded their research far beyond...
