Name one market whісh nеvеr closes, has thе highest turnover volume іn thе world wіth people frоm аll countries іn thе world participating іn іtѕ day-tо-day working. Yes, уоu guessed іt right. It іѕ thе foreign exchange market, whісh extends іtѕ dominion аll оvеr thе world. Thе market emerged оut оf а need fоr а […]
Selecting the right broker is an important element of beginning your trading on the FOREX market. The right broker can be the difference between risky investments and safe investments, and utilizing the market for profit or losing money. The right broker is just as important a part as knowing how to read the charts and […]
Identifying resistance and support within the market using price action is an important step in learning how to ride profitable currents. The market follows certain patterns and a couple of these patterns are support and resistance. Knowing when to expect either of these means knowing what the future trend of the asset will do. Whether […]
Trading plans are incredibly personal. Oftentimes a trading plan is a company secret that they do not share. Individuals who are investing successfully will not tell others as a plan becoming widely known and adopted can actually begin to cause anomalies in the market which would detract from the original investment strategies. Plans are best […]
Price action trading analysis is a fairly self-evident term. However, its application is where individuals seem to get lost and even fully understanding how to conduct a proper analysis in a way that helps the individual spot future trends is an important aspect to consider before beginning any investments. Price action trading analysis is the […]
There is a huge variety of different types of trades and strategies that individuals can do on the Foreign Exchange Market. Individuals often times, even experienced ones, will trade by trends via upward trends, downward trends, noting lower swing highs or higher swing lows, which are all indicative of what will occur in the future. […]
There are a variety of terms that individuals not already familiar with the Foreign Exchange Market or trading in general will have to learn. Understanding this terminology is tantamount to learning a secondary investment language. The more proficient and the better you understand how these words are used by investors and banks in the industry, […]
Price action is when a security or asset moves either up or down. This movement is posted on a technical chart for analysis by traders and investors. The goal for an investor is to use this chart to identify potential patterns which can lead to positive future investments. But what are some of these patterns […]
When it comes to the Foreign Exchange Market or stock markets, the price action is the day-to-day fluctuation in the price of a given asset or value. Just like how stocks go up and down, so too do the value of currencies on the Foreign Exchange Market. This upward and downward mobility on a day-to-day […]
The FOREX Market is not like a traditional stock market, it is in fact the single largest monetary transaction organization in the world with over 5 trillion dollars in trade occurring on a daily basis which makes it larger than every other stock market in the entire world combined. The FOREX Market is really an […]