1. The Forex Market. The growth of the Forex market has been enormous in recent years, as it cements its status as the most heavily traded financial market in the world. ...
The significance of the pin bar must be understood. Make use of the candlestick pictured above. Buyers quickly gained control of the market and increased the price as soon as the period began. When the price reached the top of the wick, sellers...
Chartist analysis in forex consists of identifying figures on the price chart; these are usually repeated historically so you can practice identifying them; they are also usually formed in different financial instruments and time periods, and through...
The traditional definition of a motive wave in Elliott Wave Theory is a 5 wave move in the same direction as the trend of one larger degree. A 5 wave move that is considered a motive wave has three variations: impulse wave, impulse with extension,...
This book is also commonly referred to as "On Robustness and Fragility, Deeper Philosophical and Empirical Reflections." This book, written in 2007 by popular finance author Nassim Nicholas, focuses primarily on trading psychology. It explains in...
It is any currency pair other than the US dollar that is considered a cross, and it holds no less profit potential than the majors. When you have too much exposure to the US dollar, all your trades will tend to run in the same direction, which can be...
How can you trade if you don't believe in yourself? Many traders have excellent analysis but lose because they lack confidence in their abilities. Trading is not easy, and making a profit requires a lot of experience. Trading is determined by the...
A PAMM (Percentage Allocated Money Manager) allows investors to allocate funds to account managers, who can then trade from a single master account. The PAMM technique is most often used in forex, which allows investors to earn from trading without...